Cheap Homes for Rent in Town of Lake Neighborhood of Milwaukee, WI from $1,500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Town of Lake area of Milwaukee.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Check Out Milwaukee’s Best Affordable Neighborhoods

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Town of Lake, Milwaukee, WI Local Guide

Cheapest Available Town of Lake Apartments for Rent

 

The cheapest available apartment rental in the Town of Lake area of Milwaukee, WI is a Studio unit found at Seaway Terrace Apartments priced from $850. Welcome Home at Plaza Four Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Seaway Terrace ApartmentsStudioStudio,1BA$850
Welcome Home at Plaza Four Apartments1 Bed 1 Bath1BR,1BA$949
Clare Heights Senior Apartments2x22BR,2BA$1,035

Best Value Apartments for Rent in Town of Lake, WI

As of May 18, 2025 the best value apartment in the Town of Lake area is the $0.80 price per square foot 3148 S 13th St Model at 3148 S 13th St, Unit 3148 S 13th st in the in the Burnham Park neighborhood starting from $1,199. The second greatest value Town of Lake apartment is the 3658 S Brust Ave Model at 3658 S Brust Ave, Unit 3658 - Ground Floor starting at $1,800 with a $1.64 price per square foot in the Southeast Side neighborhood. Here is today’s list of the best values for Town of Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3148 S 13th St, Unit 3148 S 13th st3148 S 13th St2BR,1BA$0.80
3658 S Brust Ave, Unit 3658 - Ground Floor3658 S Brust Ave3BR,1BA$1.64
Clare Heights Senior Apartments2x22BR,2BA$1.11
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.30
Layton 1900Bravo2BR,1BA$1.47
3401 S Howell Ave, Unit 23401 S Howell Ave2BR,1BA$1.86
Dwell Bay ViewD1BR,1BA$1.69
Vue ApartmentsV011BR,1BA$2.20
Ridge View ApartmentsOne Bedroom, One Bathroom1BR,1BA$1.84
Welcome Home at Plaza Four Apartments1 Bed 1 Bath1BR,1BA$1.54

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.

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Frequently Asked Questions about Town of Lake

What type of rentals are currently available in Town of Lake?

There are currently 146 Apartments for Rent in Town of Lake, WI with pricing that ranges from $845 to $4,119. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town of Lake ranging from $1,500 to $2,950.

What is the current price range for Rental Homes in Town of Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Town of Lake ranges from $1,500 to $2,950 with an average monthly rent of $1,949.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.