If you’re searching for a new place to live in Milwaukee, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Milwaukee neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Milwaukee neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Milwaukee for renters is sorted by lowest median rental rates compared to the Milwaukee average.

Population 335
-45%
Median Rent $709 / month
45% less expensive than Milwaukee
Population 465
-32%
Median Rent $889 / month
32% less expensive than Milwaukee
Population 528
-28%
Median Rent $934 / month
28% less expensive than Milwaukee
Population 2,332
-27%
Median Rent $947 / month
27% less expensive than Milwaukee
Population 2,607
-25%
Median Rent $977 / month
25% less expensive than Milwaukee
Population 2,070
-24%
Median Rent $989 / month
24% less expensive than Milwaukee
Population 165
-20%
Median Rent $1,033 / month
20% less expensive than Milwaukee
Population 1,964
-20%
Median Rent $1,041 / month
20% less expensive than Milwaukee
Population 2,218
-18%
Median Rent $1,062 / month
18% less expensive than Milwaukee
Population 1,693
-17%
Median Rent $1,077 / month
17% less expensive than Milwaukee
Is This the Right Place for You? Local Insights Report
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Local Insights Report