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Cheap Apartments for Rent in Milwaukee, WI - 126 Rentals available

Apartments Under $500

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Renting a Cheap Apartment in Milwaukee

If you're trying to find an apartment for rent in Milwuakee, then you're in the right place. Milwaukee is Wisconsin’s largest city, home to a large portion of the Midwestern beer industry and a place where you’ll find lots of friendly locals. The name is of Native American origin, meaning “gathering place by the river”, and the city is on the banks of the Milwaukee River. Settled by early German and Polish immigrants, Milwaukee retains some of those influences on its culture today. The city’s economy has historically been driven by beer production and manufacturing. Manufacturing has slowed down some in recent years, and the growth of large companies headquartered here, tourism and health care have filled some of the gaps. The city’s baseball team, the Brewers, is a source of local pride.

Average Rent in Milwaukee, WI

  • Milwaukee, WI Average Rental Price, December 2019 $1,199 /mo

Milwaukee, WI Apartment Rent Ranges

  • < $5001%
  • $501-$7009%
  • $701-$1,00037%
  • $1,001-$1,50032%
  • $1,501-$2,00014%
  • > $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 Dec / 2019
Milwaukee, WI $1,087 $1,091 $1,114 $1,124 $1,120 $1,168 $1,162 $1,178 $1,195 $1,185 $1,199
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Looking for a cheap apartment for rent in Milwaukee, WI? With RENTCafé, finding an affordable apartment in Milwaukee, WI has never been easier. We feature 126 low-priced rentals directly from property managers, with rents lower than the Milwaukee, WI average. What is a cheap rent in Milwaukee, WI? The average apartment rent in Milwaukee is $1,199 per month so any rental south of $959 would be considered cheap here. On RENTCafé, Milwaukee, WI rents go as low as $475/mo.

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