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Apartments for Rent in Milwaukee, WI under $500 – 10 Rentals available

  • Apartment
    611 N. 20Th Street, Milwaukee, WI 53233
    $500
    • Studio
    • 1 Bath
    Ogden & Co.
    Available Today! Last updated 8 Jul 2020
    (414) 507-4100
  • Apartment
    601 N. 20Th Street, Milwaukee, WI 53233
    $485 - $505
    • Studio
    • 1 Bath
    Ogden & Co.
    Available Today! Last updated 8 Jul 2020
    (414) 507-4100
  • Apartment
    605-617 N. 23Rd Street, Milwaukee, WI 53233
    $475 - $495
    • Studio
    • 1 Baths
    Ogden & Co.
    Available Today! Last updated 8 Jul 2020
    (414) 940-8954
  • Apartment
    1818 - 20 N 30Th, Milwaukee, WI 53208
    $500
    • 1 Bed
    • 1 Bath
    Underground Property Management LLC
    Available Today! Last updated 8 Jul 2020
    (262) 395-7879
  • Apartment
    4765 N 32Nd St, Milwaukee, WI 53209
    $480 - $695
    • 1-2 Beds
    • 1 Bath
    CommonBond Communities
    Last updated 7 Jul 2020
    (414) 292-3784
Popular Searches

Milwaukee, WI Demographics

  • Total Population596,886
  • Female 287,646
    Male 309,240
  • Median Age31.4

Average Rent in Milwaukee, WI

  • Milwaukee, WI Average Rental Price, February 2020 $1,193 /mo

Milwaukee, WI Apartment Rent Ranges

  • < $5001%
  • $501-$7009%
  • $701-$1,00035%
  • $1,001-$1,50035%
  • $1,501-$2,00013%
  • > $2,0007%

Milwaukee, WI Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Milwaukee, WI $1,087 $1,091 $1,114 $1,124 $1,120 $1,168 $1,162 $1,178 $1,195 $1,185 $1,193
National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Milwaukee, WI Households

  • Total Number of Households229,556
  • Family 125,971
    Non-family 103,585
  • Children 72,782
    No Children 156,774
  • Average People Per Household2.53
  • Median Household Income$40,036
  • Median Housing Costs Per Month$891

Milwaukee, WI Education Statistics

  • No High School5%
  • Some High School42%
  • Some College25%
  • Associate Degree6%
  • Bachelor Degree15%
  • Graduate Degree7%

Renting apartments in Milwaukee, WI under $500

Searching for apartments for rent in Milwaukee, WI under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Milwaukee, WI. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Milwaukee, WI going for $475 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!