Best Affordable Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Southpoint, Red Oak Heights, and Rolling Green. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of January 30, 2026, the average rent in Milwaukee is $1,185, which is 0.5% 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.
Southpoint
Average Rent
$916/Month
Year-Over-Year Rent Change
8.1%
TransitScore® Rating
47/100
Units Available
18 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 $916, while the city’s average stands at $1,185. In the last year, prices have decreased by 8.1%. Southpoint is near South Towne Center, Alverno College, and General Mitchell International.
Red Oak Heights
Average Rent
$1,002/Month
TransitScore® Rating
39/100
Units Available
23 Rentals
Red Oak Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Red Oak Heights is $1,002 while the city average is $1,185. Residents enjoy convenient access to Milwaukee Zoo, The Domes, and Milwaukee Tech., West Allis. The neighborhood is considered somewhat walkable with a WalkScore® of 67.
Rolling Green
Average Rent
$1,005/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
40/100
Units Available
22 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Rolling Green. The average rent is $1,005, compared to the city average of $1,185. Rent prices have increased by 2.3%. Rolling Green is convenient to Wehr Nature Center, Milwaukee Tech., West Allis, and Spring Mall. The community is somewhat walkable with a WalkScore® of 58.
Woodland Court
Average Rent
$1,005/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
41/100
Units Available
22 Rentals
Woodland Court is an affordable neighborhood in Milwaukee with an average rent price of $1,005. Compare this to the city average of $1,185. In the past year, rent prices have decreased by 0.4%. Woodland Court provides easy access to Milwaukee Zoo, Medical College Of Wisconsin, and Spring Mall. It’s a somewhat walkable neighborhood with a WalkScore® of 68.
Tripoli Terrace
Average Rent
$1,005/Month
TransitScore® Rating
40/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Tripoli Terrace might be the perfect place! It has an average rent price of $1,005, while the city’s average stands at $1,185. Tripoli Terrace is near Milwaukee Zoo, Medical College Of Wisconsin, and Wehr Nature Center.
Mitchell Heights
Average Rent
$1,019/Month
TransitScore® Rating
58/100
Units Available
19 Rentals
Mitchell Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mitchell Heights is $1,019 while the city average is $1,185. Residents enjoy convenient access to The Pabst Theater, East Pointe Marketplace, and Discovery World at Pier Wisconsin. The neighborhood is considered walkable with a WalkScore® of 93.
Old North Milwaukee
Average Rent
$1,022/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
55/100
Units Available
10 Rentals
When you’re looking for a great Milwaukee neighborhood on a budget, check out Old North Milwaukee. The average rent is $1,022, compared to the city average of $1,185. Rent prices have increased by 0.9%. Old North Milwaukee is convenient to Cardinal Stritch University, Milwaukee Tech., Downtown, and North Bay Shopping Mall. The community is somewhat walkable with a WalkScore® of 61.
Morgan Grove
Average Rent
$1,023/Month
TransitScore® Rating
35/100
Units Available
13 Rentals
Morgan Grove is an affordable neighborhood in Milwaukee with an average rent price of $1,023. Compare this to the city average of $1,185. Morgan Grove provides easy access to Milwaukee Zoo, Milwaukee Tech., West Allis, and Alverno College. It’s a car-dependent neighborhood with a WalkScore® of 48.
Avenues West
Average Rent
$1,046/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
59/100
Units Available
32 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.
Marquette
Average Rent
$1,077/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
62/100
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Marquette might be the perfect place! It has an average rent price of $1,077, while the city’s average stands at $1,185. In the last year, prices have increased by 1.1%. Marquette is near The Pabst Theater, Lakeshore State Park, and Walkers Point Plaza.
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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.