Cheap Homes for Rent in Historic Mitchell Street Neighborhood of Milwaukee, WI from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Historic Mitchell Street area of Milwaukee.

property at 767 N Water St

767 N Water St

MilwaukeeWI53202
Showing Results 1-14, Page 1 of 1

Historic Mitchell Street, Milwaukee, WI Local Guide

Cheapest Available Historic Mitchell Street Apartments for Rent

 

The cheapest available apartment rental in the Historic Mitchell Street area of Milwaukee, WI is a 1 Bed unit found at Clarke Square Terrace (55+) priced from $576. Becher Terrace (55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here are the most affordable Historic Mitchell Street apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Clarke Square Terrace (55+)One Bedroom - Income Restricted1BR,1BA$576
Becher Terrace (55+)One Bedroom1BR,1BA$655
Burnham Hill ApartmentsOne Bedroom1BR,1BA$825
Shoe Factory LoftsAffordable Housing 2 bedroom2BR,1BA$918
Tower Apartments1006Studio,1BA$1,000

Best Value Apartments for Rent in Historic Mitchell Street, WI

As of March 27, 2025 the best value apartment in the Historic Mitchell Street area is the $1.05 price per square foot 426 E Smith St Model at 426 E Smith St, Unit 1 in the in the Clarke Square neighborhood starting from $1,575. The second greatest value Historic Mitchell Street apartment is the 3 Bed 1 Bath Model at University Row starting at $1,095 with a $0.76 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Historic Mitchell Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
426 E Smith St, Unit 1426 E Smith St3BR,1BA$1.05
University Row3 Bed 1 Bath3BR,1BA$0.76
1314 W Hayes Ave, Unit UPPER1314 W Hayes Ave4BR,1BA$1.08
City Hall Square Apartments2 BR/ 1 BA **Section 42/ 60% Available Now2BR,1BA$1.07
2064 S 13th St, Unit 42064 S 13th St2BR,1BA$1.10
Clarke Square Terrace (55+)Two Bedroom - Income Eligible2BR,1BA$0.80
Michigan Street Commons2/22BR,2BA$1.15
Shoe Factory LoftsAffordable Housing 2 bedroom2BR,1BA$1.02
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.19
Becher Terrace (55+)One Bedroom1BR,1BA$0.94

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Historic Mitchell Street

What type of rentals are currently available in Historic Mitchell Street?

There are currently 503 Apartments for Rent in Historic Mitchell Street, WI with pricing that ranges from $482 to $13,610. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Historic Mitchell Street ranging from $730 to $9,800.

What is the current price range for Rental Homes in Historic Mitchell Street?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Historic Mitchell Street ranges from $730 to $9,800 with an average monthly rent of $3,289.

How much are larger Three and Four Bedroom Rentals in Historic Mitchell Street?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Historic Mitchell Street range from $1,095 to $13,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.