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1559 Prospect
(262) 710-2446
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ZGarfield Park
(414) 444-4525
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Wyngate Apartments
(414) 519-9257
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3607-17 Martin Luther King Dr
(414) 961-7400
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5530-40-50 N. 27Th St
(262) 710-2599
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808 N 24th Street
(414) 442-1700
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Knapp Street Apartments
(414) 877-2030
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Northlawn
(414) 286-8864
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Campus West
(414) 933-1211
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3010 W Wells St
(414) 345-1700
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1133 E Pleasant St
(414) 349-8256
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Deer Trail Apartments
(414) 940-8044
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Westover Apartments
(414) 940-8954
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4476 N. 29th St
(414) 933-2700
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2427a N. Booth St.
(414) 962-8030
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Elms Apartments
(414) 933-1211
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Southlawn
(414) 286-8867
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2323 W Vine St
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4522 N. Teutonia Avenue
(414) 933-2700
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6221 W. Oklahoma Avenue
(414) 933-2700
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2330 N 1St St
(262) 735-5989 ext: 3
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2237 - 2239 N 33rd
(262) 735-5989 ext: 5
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1447 N. Franklin Place
(414) 349-8256
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2803 W Kilbourn Avenue
(414) 345-1700
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Westover Apartments
(414) 940-8954
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325a N. 29th Street
(414) 933-2700
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3033 N. 46th Street
(414) 933-2700
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2324 W Wisconsin Avenue
(414) 342-3052
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Resco Apartments
(414) 351-2296
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Campus Studio
(414) 933-1211
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Apartments Under $700 in Milwaukee, WI

1 of 145 Results
4
$675
1559 Prospect
1559 N. Prospect Ave Milwaukee, WI
Studio | Apr. 15, 2023
Contact
Heat Included
Cat Friendly
Air Conditioning
Covered Parking
Lower East Side
24
$671
ZGarfield Park
2200 N 31St St Milwaukee, WI
1 BR | Available Now
Contact
Income Restricted
Covered Parking
Fitness Center
Dishwasher
Metcalfe Park
9
$570 - 610
Wyngate Apartments
2.0
3006 & 3014 W. Pierce St Milwaukee, WI
Studio | Available Now
Contact
Cat Friendly
National Park
3
$575
3607-17 Martin Luther King Dr
Milwaukee, WI
Studio | Available Now
Contact
Heat Included
Cat Friendly
4
$695
5530-40-50 N. 27Th St
Milwaukee, WI
1 BR | Apr. 15, 2023
Contact
9
$495
808 N 24th Street
Deal
Milwaukee, WI
1 BR | Available Now
Contact
Heat Included
Covered Parking
Surface Parking
Storage
Avenues West
14
$645 - 695
Knapp Street Apartments
1040 E. Knapp St Milwaukee, WI
Studio | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Covered Parking
Storage
9
$554 - 648
Northlawn
5145 N. 20th Street Milwaukee, WI
1 - 2 BR | Available Now
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Income Restricted
Section 8
Air Conditioning
17
$700
Campus West
545 North 17th Street Milwaukee, WI
1 BR | Available Now
Contact
Heat Included
Storage
Marquette University
7
$395
3010 W Wells St
Deal
Milwaukee, WI
Studio | Available Now
Contact
Heat Included
Student
Covered Parking
Surface Parking
Concordia
9
$550
1133 E Pleasant St
Milwaukee, WI
Studio | Available Now
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Heat Included
Cat Friendly
8
$ Ask - 1,050
Deer Trail Apartments
9800-9875 Menomonee Park Court Milwaukee, WI
2 BR | Available Now
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Heat Included
Air Conditioning
Surface Parking
Balcony, Deck, Patio
5
$ Ask - 800
Westover Apartments
10400-30 W. Fond Du Lac Milwaukee, WI
2 BR | May. 15, 2023
Contact
Heat Included
Air Conditioning
Storage
13
$525
4476 N. 29th St
Milwaukee, WI
1 BR | Available Now
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Dishwasher
16
$695
2427a N. Booth St.
Milwaukee, WI
2 BR | Available Now
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Cat Friendly
Balcony, Deck, Patio
16
$610 - 635
Elms Apartments
826 North 14th Street Milwaukee, WI
Studio | Available Now
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Heat Included
Student
Storage
Marquette University
7
$549 - 666
Southlawn
3350 S. 25th Street Milwaukee, WI
1 - 2 BR | Available Now
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Income Restricted
Section 8
Air Conditioning
Storage
7
$700
2323 W Vine St
Milwaukee, WI
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Covered Parking
In Unit Laundry
5
$695
4522 N. Teutonia Avenue
Milwaukee, WI
2 BR | Available Now
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5
$675
6221 W. Oklahoma Avenue
Milwaukee, WI
1 BR | Available Now
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4
$700
2330 N 1St St
Milwaukee, WI
1 BR | Apr. 1, 2023
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Dog Friendly
Cat Friendly
Brewer's Hill
4
$600
2237 - 2239 N 33rd
Milwaukee, WI
2 BR | Apr. 10, 2023
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
4
$575
1447 N. Franklin Place
Milwaukee, WI
Studio | Available Now
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Heat Included
Cat Friendly
5
$390 - 395
2803 W Kilbourn Avenue
Deal
Milwaukee, WI
Studio - 1 BR | Available Now
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Heat Included
Surface Parking
Concordia
5
$700
Westover Apartments
10400-30 W. Fond Du Lac Milwaukee, WI
2 BR | Available Now
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Heat Included
Air Conditioning
Storage
5
$550
325a N. 29th Street
Milwaukee, WI
2 BR | Available Now
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Merrill Park
8
$695
3033 N. 46th Street
Milwaukee, WI
3 BR | Available Now
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Heat Included
6
$525
2324 W Wisconsin Avenue
Milwaukee, WI
Studio | Available Now
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Cat Friendly
Avenues West
8
$585 - 660
Resco Apartments
2515 N. Oakland Avenue Milwaukee, WI
Studio - 1 BR | Available Now
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Air Conditioning
Storage
Riverside Park
11
$585
Campus Studio
531 North 18th Street Milwaukee, WI
Studio | Available Now
Contact
Heat Included
Student
Air Conditioning
Balcony, Deck, Patio
Storage
1 - 30 of 145 Results
  1. Home
  2. Milwaukee
  3. Apartments Under $700

How much does it cost to rent an apartment in Milwaukee?

Milwaukee Apartments
Bed Type Average Rent Range
Studio $730 $480 - $1,490
1BR $900 $600 - $1,730
2BR $1,100 $700 - $2,980
3BR $1,300 $800 - $2,470
4+BR $1,600 $940 - $2,970
Frequently Asked Questions

How many apartments are available in Milwaukee, WI on Rentable.co?

Rentable.co has over 27,876 apartments available in Milwaukee.

What is the average rent for a studio apartment in Milwaukee, WI?

The average rent for a studio apartment in Milwaukee is around $730 per month.

What is the average rent for a one-bedroom apartment in Milwaukee, WI?

The average rent for a one-bedroom apartment in Milwaukee is around $900 per month.

What is the average rent for a two-bedroom apartment in Milwaukee, WI?

The average rent for a two-bedroom apartment in Milwaukee is around $1,100 per month.

How expensive is living in Milwaukee, WI?

Based on average rent prices in Milwaukee, to afford a studio apartment you would need an annual salary of $29,000 to live comfortably.

How many apartments under $700 are available in Milwaukee, WI on Rentable.co?

Rentable.co has 145 apartments under $700 available for rent in Milwaukee.

Which neighborhoods have the most apartments under $700 for rent in Milwaukee, WI?

  1. Concordia
  2. Avenues West
  3. Marquette University
  4. Lower East Side
  5. Riverside Park

Asset 2
Apartments by Bedrooms
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Studio Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
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Milwaukee:
March Rent Report

Welcome to the March 2023 Milwaukee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Milwaukee rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Milwaukee and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Milwaukee average rent prices in the chart below.

Monthly Rent Report

Milwaukee Rent Prices Decrease From February to March

Milwaukee rent prices decreased over the last month. From February to March, the city experienced a -7.73% decrease for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $1,098.0.

When we take a look at the two-bedroom comparison from February to March, Milwaukee experienced a -3.97% decrease for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $1,138.0.

March Prices: Milwaukee vs. Surrounding Areas

Rent Prices in Milwaukee and Surrounding Areas

Rent prices have decreased in Milwaukee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Milwaukee suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Waukesha, WI, Wauwatosa, WI, Shorewood, WI .

  • Rent decreased in Brookfield, WI, Menomonee Falls, WI, Oak Creek, WI.

  • 5 suburbs are currently priced higher than the city of Milwaukee.

  • 1 suburb is currently priced lower than the city of Milwaukee.

March 2023 Pricing Trends: Milwaukee vs. National Comparisons

Milwaukee Rent Prices More Affordable Than Major Cities

Rent growth in Milwaukee over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Milwaukee average rent prices appear to be relatively affordable for local residents.

The price for a Milwaukee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Milwaukee and surrounding area rent prices, take a look at the complete data set below.

Data set for Milwaukee and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Milwaukee, WI $1,190.0 -3.49% $1,185.0 -3.66%
Waukesha, WI $1,306.0 1.63% $1,758.0 3.72%
Wauwatosa, WI $1,643.0 1.23% $2,189.0 0.05%
Brookfield, WI $1,484.0 -2.37% $2,006.0 -1.43%
Menomonee Falls, WI $1,300.0 -0.15% $1,616.0 -2.71%
Oak Creek, WI $1,335.0 -1.62% $1,584.0 -2.10%
Shorewood, WI $834.0 2.21% $1,395.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.