Most Affordable Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Red Oak Heights, Woodland Court, and Rolling Green. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Milwaukee is $1,186, which is 2% 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.
Red Oak Heights
Average Rent
$956/Month
TransitScore® Rating
39/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Red Oak Heights might be the perfect place! It has an average rent price of $956, while the city’s average stands at $1,186. Red Oak Heights is near Woodland Court Shopping Center, Wehr Nature Center, and Boerner Botanical Gardens.
Woodland Court
Average Rent
$959/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
41/100
Units Available
11 Rentals
Woodland Court is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woodland Court is $959 while the city average is $1,186. This is a -6.4% difference from last year. Residents enjoy convenient access to Wisconsin Lutheran College, Spring Mall, and Woodland Court Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Rolling Green
Average Rent
$967/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
40/100
Units Available
10 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Rolling Green. The average rent is $967, compared to the city average of $1,186. Rent prices have increased by 2.9%. Rolling Green is convenient to Wehr Nature Center, Urban Ecology Center--Menomonee Valley, and Woodland Court Shopping Center. The community is somewhat walkable with a WalkScore® of 58.
Tripoli Terrace
Average Rent
$967/Month
TransitScore® Rating
40/100
Units Available
10 Rentals
Tripoli Terrace is an affordable neighborhood in Milwaukee with an average rent price of $967. Compare this to the city average of $1,186. Tripoli Terrace provides easy access to General Mitchell International, Woodland Court Shopping Center, and Urban Ecology Center--Menomonee Valley. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
Old North Milwaukee
Average Rent
$969/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
55/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Old North Milwaukee might be the perfect place! It has an average rent price of $969, while the city’s average stands at $1,186. In the last year, prices have increased by 1.2%. Old North Milwaukee is near Cardinal Stritch University, Silver Mill, and Kletzsch Park.
Harawbee
Average Rent
$970/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
55/100
Units Available
11 Rentals
Harawbee is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harawbee is $970 while the city average is $1,186. This is a -1.7% difference from last year. Residents enjoy convenient access to Riverworks Commons Shopping Center, Milwaukee Tech., Downtown, and Urban Ecology Center-Riverside Park. The neighborhood is considered walkable with a WalkScore® of 79.
Mitchell Heights
Average Rent
$987/Month
TransitScore® Rating
58/100
Units Available
19 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Mitchell Heights. The average rent is $987, compared to the city average of $1,186. Mitchell Heights is convenient to Milwaukee Tech., Downtown, General Mitchell International, and Betty Brinn Children's Museum. The community is walkable with a WalkScore® of 93.
Southpoint
Average Rent
$1,027/Month
Year-Over-Year Rent Change
7.1%
TransitScore® Rating
47/100
Units Available
19 Rentals
Southpoint is an affordable neighborhood in Milwaukee with an average rent price of $1,027. Compare this to the city average of $1,186. In the past year, rent prices have increased by 7.1%. Southpoint provides easy access to Plaza 27, Marquette University, and Willow Creek Crossing. It’s a walkable neighborhood with a WalkScore® of 77.
Burnham Park
Average Rent
$1,056/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
41/100
Units Available
12 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 $1,056, while the city’s average stands at $1,186. In the last year, prices have increased by 1.1%. Burnham Park is near Milwaukee Public Museum, The Domes, and Marquette University.
Muskegg Way
Average Rent
$1,056/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
52/100
Units Available
12 Rentals
Muskegg Way is a top choice for budget-conscious renters for a variety of reasons. The average rent in Muskegg Way is $1,056 while the city average is $1,186. This is a 2.9% difference from last year. Residents enjoy convenient access to Milwaukee Tech., Downtown, Hank Aaron State Trail, and Mitchell Park Shopping Center. The neighborhood is considered walkable with a WalkScore® of 83.
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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.