Most Affordable Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Forest Home Hills, Muskegg Way, and Harawbee. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Milwaukee is $1,180, which is 1.3% 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.
Forest Home Hills
Average Rent
$749/Month
TransitScore® Rating
50/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Forest Home Hills might be the perfect place! It has an average rent price of $749, while the city’s average stands at $1,180. Forest Home Hills is near Ohio Plaza, Milwaukee Tech., West Allis, and Southgate Marketplace.
Muskegg Way
Average Rent
$869/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
52/100
Units Available
19 Rentals
Muskegg Way is a top choice for budget-conscious renters for a variety of reasons. The average rent in Muskegg Way is $869 while the city average is $1,180. This is a 3.5% difference from last year. Residents enjoy convenient access to Alverno College, Walmart Center, and Marquette University. The neighborhood is considered walkable with a WalkScore® of 83.
Harawbee
Average Rent
$895/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
55/100
Units Available
11 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Harawbee. The average rent is $895, compared to the city average of $1,180. Rent prices have decreased by 0.3%. Harawbee is convenient to The Pabst Theater, General Mitchell International, and Marquette University. The community is walkable with a WalkScore® of 79.
Rolling Green
Average Rent
$914/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
40/100
Units Available
10 Rentals
Rolling Green is an affordable neighborhood in Milwaukee with an average rent price of $914. Compare this to the city average of $1,180. In the past year, rent prices have increased by 3.1%. Rolling Green provides easy access to Wehr Nature Center, Spring Mall, and Milwaukee Tech., West Allis. It’s a somewhat walkable neighborhood with a WalkScore® of 58.
Woodland Court
Average Rent
$914/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
41/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Woodland Court might be the perfect place! It has an average rent price of $914, while the city’s average stands at $1,180. In the last year, prices have decreased by 1.6%. Woodland Court is near The Domes, General Mitchell International, and Spring Mall.
Tripoli Terrace
Average Rent
$914/Month
TransitScore® Rating
40/100
Units Available
10 Rentals
Tripoli Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tripoli Terrace is $914 while the city average is $1,180. Residents enjoy convenient access to Alverno College, The Domes, and Spring Mall. The neighborhood is considered somewhat walkable with a WalkScore® of 65.
Red Oak Heights
Average Rent
$915/Month
TransitScore® Rating
39/100
Units Available
11 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Red Oak Heights. The average rent is $915, compared to the city average of $1,180. Red Oak Heights is convenient to Boerner Botanical Gardens, Milwaukee Zoo, and Medical College Of Wisconsin. The community is somewhat walkable with a WalkScore® of 67.
Southpoint
Average Rent
$936/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
47/100
Units Available
21 Rentals
Southpoint is an affordable neighborhood in Milwaukee with an average rent price of $936. Compare this to the city average of $1,180. In the past year, rent prices have increased by 3.5%. Southpoint provides easy access to Plaza 27, Urban Ecology Center--Menomonee Valley, and Willow Creek Crossing. It’s a walkable neighborhood with a WalkScore® of 77.
Burnham Park
Average Rent
$974/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
42/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Burnham Park might be the perfect place! It has an average rent price of $974, while the city’s average stands at $1,180. In the last year, prices have decreased by 0.6%. Burnham Park is near General Mitchell International, Walmart Center, and Alverno College.
Avenues West
Average Rent
$975/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
59/100
Units Available
31 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.
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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.