Cheapest Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Gra-Ram, Samco, and Mitchell Heights. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of July 30, 2026, the average rent in Milwaukee is $1,224, which is 2.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Gra-Ram
Average Rent
$949/Month
Year-Over-Year Rent Change
5.3%
Units Available
12 Rentals
Gra-Ram is an affordable neighborhood in Milwaukee with an average rent price of $949. Compare this to the city average of $1,224. In the past year, rent prices have increased by 5.3%. Gra-Ram provides easy access to Urban Ecology Center--Menomonee Valley, Marquette University, and Hank Aaron State Trail.
Samco
Average Rent
$949/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Samco might be the perfect place! It has an average rent price of $949, while the city’s average stands at $1,224.
Mitchell Heights
Average Rent
$1,001/Month
Units Available
15 Rentals
Mitchell Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mitchell Heights is $1,001 while the city average is $1,224.
Avenues West
Average Rent
$1,037/Month
Year-Over-Year Rent Change
1%
Units Available
26 Rentals
Nestled in the heart of Milwaukee, Avenues West is a budget-friendly neighborhood that offers a variety of attractions. The area is home to the historic Pabst Mansion, a testament to the city's rich brewing history. It also houses Marquette University nearby, creating ample employment and academic opportunities for local renters.
Old North Milwaukee
Average Rent
$1,056/Month
Year-Over-Year Rent Change
0.8%
Units Available
13 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Old North Milwaukee. The average rent is $1,056, compared to the city average of $1,224. Rent prices have increased by 0.8%. Old North Milwaukee is convenient to Marquette University, North Bay Shopping Mall, and Lincoln Park - Glendale.
Marquette
Average Rent
$1,090/Month
Year-Over-Year Rent Change
0.8%
Units Available
28 Rentals
Marquette is an affordable neighborhood in Milwaukee with an average rent price of $1,090. Compare this to the city average of $1,224. In the past year, rent prices have increased by 0.8%. Marquette provides easy access to Lakeshore State Park, The Pabst Theater, and Milwaukee Tech., Downtown.
Southpoint
Average Rent
$1,096/Month
Year-Over-Year Rent Change
4.2%
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Southpoint might be the perfect place! It has an average rent price of $1,096, while the city’s average stands at $1,224. In the last year, prices have increased by 4.2%. Southpoint is near Willow Creek Crossing, General Mitchell International, and Hank Aaron State Trail.
Timmerman West
Average Rent
$1,131/Month
Year-Over-Year Rent Change
3.5%
Units Available
19 Rentals
Timmerman West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Timmerman West is $1,131 while the city average is $1,224. This is a 3.5% difference from last year. Residents enjoy convenient access to Lime Kiln Park, Timmerman Plaza, and General Mitchell International.
Burnham Park
Average Rent
$1,132/Month
Year-Over-Year Rent Change
2.7%
Units Available
14 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Burnham Park. The average rent is $1,132, compared to the city average of $1,224. Rent prices have increased by 2.7%. Burnham Park is convenient to Walmart Center, Milwaukee Tech., Downtown, and Marquette University.
Muskegg Way
Average Rent
$1,132/Month
Year-Over-Year Rent Change
2.7%
Units Available
14 Rentals
Muskegg Way is an affordable neighborhood in Milwaukee with an average rent price of $1,132. Compare this to the city average of $1,224. In the past year, rent prices have increased by 2.7%. Muskegg Way provides easy access to General Mitchell International, Mitchell Market, and Burnham Center.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.