Cheapest Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Muskegg Way, Harawbee, and Avenues West. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of September 14, 2026, the average rent in Milwaukee is $1,219, which is 2.2% 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.
Muskegg Way
Average Rent
$1,044/Month
Year-Over-Year Rent Change
3.2%
Units Available
16 Rentals
Muskegg Way is a top choice for budget-conscious renters for a variety of reasons. The average rent in Muskegg Way is $1,044 while the city average is $1,219. This is a 3.2% difference from last year. Residents enjoy convenient access to Milwaukee Sch. of Engineering, The Pabst Theater, and 1320 W Burnham.
Harawbee
Average Rent
$1,054/Month
Year-Over-Year Rent Change
3.2%
Units Available
11 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Harawbee. The average rent is $1,054, compared to the city average of $1,219. Rent prices have increased by 3.2%. Harawbee is convenient to Milwaukee Tech., Downtown, The Milwaukee Art Museum, and Urban Ecology Center-Riverside Park.
Avenues West
Average Rent
$1,057/Month
Year-Over-Year Rent Change
1%
Units Available
29 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.
Burnham Park
Average Rent
$1,085/Month
Year-Over-Year Rent Change
4.9%
Units Available
14 Rentals
Burnham Park is an affordable neighborhood in Milwaukee with an average rent price of $1,085. Compare this to the city average of $1,219. In the past year, rent prices have increased by 4.9%. Burnham Park provides easy access to Burnham Plaza, Milwaukee Tech., Downtown, and Milwaukee Public Museum.
Southpoint
Average Rent
$1,096/Month
Year-Over-Year Rent Change
3.6%
Units Available
22 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 $1,219. In the last year, prices have increased by 3.6%. Southpoint is near Milwaukee Tech., West Allis, Hank Aaron State Trail, and Milwaukee Public Museum.
Marquette
Average Rent
$1,100/Month
Year-Over-Year Rent Change
1%
Units Available
26 Rentals
Marquette is a top choice for budget-conscious renters for a variety of reasons. The average rent in Marquette is $1,100 while the city average is $1,219. This is a 1% difference from last year. Residents enjoy convenient access to Milwaukee Tech., Downtown, Betty Brinn Children's Museum, and Walkers Point Plaza.
Clarke Square
Average Rent
$1,112/Month
Year-Over-Year Rent Change
3.2%
Units Available
10 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Clarke Square. The average rent is $1,112, compared to the city average of $1,219. Rent prices have increased by 3.2%. Clarke Square is convenient to The Domes, Hank Aaron State Trail, and Milwaukee Sch. of Engineering.
Timmerman West
Average Rent
$1,121/Month
Year-Over-Year Rent Change
4.2%
Units Available
19 Rentals
Timmerman West is an affordable neighborhood in Milwaukee with an average rent price of $1,121. Compare this to the city average of $1,219. In the past year, rent prices have increased by 4.2%. Timmerman West provides easy access to Havenwoods State Forest, Medical College Of Wisconsin, and Lime Kiln Park.
College Heights
Average Rent
$1,225/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, College Heights might be the perfect place! It has an average rent price of $1,225, while the city’s average stands at $1,219. College Heights is near Milwaukee Tech., Oak Creek, Tri-City Shopping Center, and Urban Ecology Center--Menomonee Valley.
Morgan Heights
Average Rent
$1,258/Month
Units Available
10 Rentals
Morgan Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Morgan Heights is $1,258 while the city average is $1,219. Residents enjoy convenient access to General Mitchell International, Wehr Nature Center, and Boerner Botanical Gardens.
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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.