Cheap Homes for Rent in Milwaukee, WI from $600 (61 Rentals)

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property at 4576 N 38th St

4576 N 38th St

MilwaukeeWI53209

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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property at 454 N 28th St

454 N 28th St

MilwaukeeWI53208

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 5725 W North Ave

5725 W North Ave

MilwaukeeWI53208
property at 2436 N 1st St

2436 N 1st St

MilwaukeeWI53212
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Milwaukee, WI Local Guide

Cheapest Neighborhoods for Apartments in Milwaukee, WI

Pricing Updated: 04/25/2025

Current apartment rentals in the Milwaukee, WI area range in price from $438 to $15,000 with an overall median price of $2,432. The three Milwaukee neighborhoods with the lowest median rent pricing are Concordia at $545, Enderis Park at $950, and Far South Side at $799. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Milwaukee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Concordia$782$5452
Enderis Park$1,175$9502
Far South Side$1,340$79921
Lincoln Creek$1,386$43892
Alverno College$1,450$82519
Castle Manor$1,450$79940
Silver Spring$1,450$1,0985
Grasslyn Manor$1,525$65070
Southpoint$1,525$75153
Martin Drive$1,532$475136

Cheapest Available Milwaukee Apartments for Rent

 

The cheapest available apartment rental in Milwaukee, WI is a Studio unit found at Garden Place (55+) in the River View neighborhood priced from $410. The Residences at ThriveOn King in the Haymarket neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $438. Here is today’s list of the most affordable Milwaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garden Place (55+)Studio - Income RestrictedStudio,1BA$410
The Residences at ThriveOn KingOne Bedroom Loft1BR,1BA$438
Kilbourn ApartmentsStudioStudio,1BA$460
West Park ApartmentsEfficencyStudio,1BA$540
Clarke Square Terrace (55+)One Bedroom - Income Restricted1BR,1BA$576
Garden Terrace Senior Apartments (55+)Studio - Income RestrictedStudio,1BA$606
Becher Terrace (55+)One Bedroom1BR,1BA$655
Edgewater EastOne Bedroom1BR,1BA$680
Marquee Communities - EastStudioStudio,1BA$685
Buckingham ApartmentsSmall StudioStudio,1BA$695

Best Value Apartments for Rent in Milwaukee, WI

As of April 26, 2025 the best value apartment in the Milwaukee area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Milwaukee apartment is the 709 E Brady St Model at 709 E Brady St, Unit 1 starting at $1,200 with a $0.67 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Milwaukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
709 E Brady St, Unit 1709 E Brady St3BR,1BA$0.67
8141 W Beckett Ave, Unit Upper8141 W Beckett Ave3BR,1BA$0.75
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
Mitchell Street Market LoftsTwo Bedroom - 50%2BR,2BA$0.78
2501 N 38th St, Unit Lower2501 N 38th St2BR,1BA$0.66
Heritage at City Center - 55+ Senior LivingTax Credit - 2 Bedroom 2 Bath2BR,2BA$0.87
3272 N Buffum St, Unit 32723272 N Buffum St2BR,1BA$0.75
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
Clarke Square Terrace (55+)Two Bedroom - Income Eligible2BR,1BA$0.80

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Frequently Asked Questions about Milwaukee

What type of rentals are currently available in Milwaukee?

There are currently 3704 Apartments for Rent in Milwaukee, WI with pricing that ranges from $438 to $15,000. There are also 254 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwaukee ranging from $650 to $3,950.

What is the current price range for Rental Homes in Milwaukee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milwaukee ranges from $650 to $3,950 with an average monthly rent of $1,994.

How much are larger Three and Four Bedroom Rentals in Milwaukee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milwaukee range from $549 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,950. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $676.

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.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.