Cheap Apartments for Rent in the Jones Island Neighborhood of Milwaukee, WI from $300 (125 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Jones Island area of Milwaukee.

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Jones Island, Milwaukee, WI Local Guide

Cheapest Available Jones Island Apartments for Rent

 

The cheapest available apartment rental in the Jones Island 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 Jones Island 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
Lakeside ApartmentsStudioStudio,1BA$675
University Crossing IIStudioStudio,1BA$755
Lancaster Apartments2BR/1BA2BR,1BA$850
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$869
Shoe Factory LoftsAffordable Housing 2 bedroom2BR,1BA$918
700 LoftsOne Bedroom 50%1BR,1BA$945
735 West by 3L LivingSmall StudioStudio,1BA$999

Best Value Apartments for Rent in Jones Island, WI

As of May 17, 2025 the best value apartment in the Jones Island area is the $1.15 price per square foot 319 E Montana St Model at 319 E Montana St, Unit 319 in the in the Southeast Side neighborhood starting from $2,295. The second greatest value Jones Island apartment is the 426 E Smith St Model at 426 E Smith St, Unit 1 starting at $1,475 with a $0.98 price per square foot in the Clarke Square neighborhood. Here is today’s list of the best values for Jones Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
319 E Montana St, Unit 319319 E Montana St3BR,1BA$1.15
426 E Smith St, Unit 1426 E Smith St3BR,1BA$0.98
The GermaniaTwo Bedroom2BR,1.5BA$0.94
2691 S 15th St, Unit Apartment #12691 S 15th St3BR,1BA$1.15
The Alexander Lofts2 Bedroom2BR,1BA$1.28
Clarke Square Terrace (55+)Two Bedroom - Income Eligible2BR,1BA$0.80
Michigan Street Commons2/22BR,2BA$1.25
Shoe Factory LoftsAffordable Housing 2 bedroom2BR,1BA$1.02
610 W Wisconsin Ave, Unit 24610 W Wisconsin Ave1BR,1BA$1.24
Becher Terrace (55+)One Bedroom1BR,1BA$0.94

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Jones Island, Milwaukee, WI

Ranked #12

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Jones Island, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Jones Island, Milwaukee, and the greater Milwaukee area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Jones Island Neighborhood in Milwaukee, WI

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Jones Island Apartments

What is a cheap apartment in Jones Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Jones Island is under $999.

What is the price of a cheap apartment in Jones Island?

The cheapest apartment in Jones Island is Clarke Square Terrace (55+) which is listed at $576, while the average apartment in Jones Island costs $3,750.

What types of apartments are the cheapest in Jones Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Jones Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Jones Island?

Cheap apartments in Jones Island have an average cost of $174 which is $3,576 cheaper than the average rent for all rentals in Jones Island.

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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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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