Most Affordable Neighborhoods in Milwaukee, WI
Some of the cheapest neighborhoods in Milwaukee are Avenues West, Marquette, and Murray Hill. These neighborhoods offer some of the lowest rent prices in Milwaukee, making them ideal for renters on a budget. As of January 26, 2025, the average rent in Milwaukee is $1,149, which is 0.9% 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.
Avenues West
Average Rent
$988/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
59/100
Units Available
37 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
$1,016/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
62/100
Units Available
26 Rentals
Marquette is an affordable neighborhood in Milwaukee with an average rent price of $1,016. Compare this to the city average of $1,149. In the past year, rent prices have increased by 4.6%. Marquette provides easy access to Mitchell Park Shopping Center, Hank Aaron State Trail, and Walkers Point Plaza. It’s a walkable neighborhood with a WalkScore® of 85.
Murray Hill
Average Rent
$1,247/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
59/100
Units Available
30 Rentals
Murray Hill is a budget-friendly neighborhood that offers a peaceful residential atmosphere. It's close to the University of Wisconsin-Milwaukee, providing a lively vibe for students and young adults. The area also features the Downer Avenue shopping district which is home to several affordable shops and eateries.
Northwest Milwaukee
Average Rent
$1,365/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
38/100
Units Available
202 Rentals
Northwest Milwaukee offers affordable living with easy access to various parks like Lincoln Park and Estabrook Park. Shopping is convenient with numerous local stores and larger retail centers nearby, showcasing the neighborhood's blend of accessibility and affordability.
Walker's Point
Average Rent
$1,564/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
56/100
Units Available
62 Rentals
Walker's Point is renowned for its culinary scene, featuring a variety of affordable restaurants and food markets amidst its budget-friendly homes. The area also hosts several breweries, distilleries, art galleries, and performance spaces, creating fun, well-rounded living experiences for renters.
South Milwaukee
Average Rent
$1,589/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
49/100
Units Available
349 Rentals
South Milwaukee combines small-town charm with budget-conscious living. Grant Park serves as a popular spot for outdoor activities, featuring scenic trails and a beach. Residents also love the local dining scene, which offers diverse and affordable food options.
Westown
Average Rent
$1,653/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
73/100
Units Available
146 Rentals
Westown is a budget-friendly neighborhood that offers a range of attractions. The area is home to the Wisconsin Center, which hosts various events throughout the year. The neighborhood also features the Milwaukee Public Museum, a great place for affordable group outings.
Northpoint
Average Rent
$1,660/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
55/100
Units Available
90 Rentals
Northpoint is a budget-friendly neighborhood known for its beautiful parks like Lake Park and McKinley Park. The area is home to Bradford Beach, a popular spot for summer activities. The neighborhood also features the North Point Lighthouse, a historic landmark that offers affordable tours.
Hillside
Average Rent
$1,680/Month
TransitScore® Rating
63/100
Units Available
40 Rentals
If you’re looking for a great, affordable neighborhood in Milwaukee, Hillside might be the perfect place! It has an average rent price of $1,680, while the city’s average stands at $1,149. Hillside is near Univ of Wisc., Milwaukee, Marquette University, and East Pointe Marketplace.
Harbor View
Average Rent
$1,686/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
56/100
Units Available
39 Rentals
Harbor View blends affordability with scenic water views along the Kinnickinnic River. Budget-friendly eateries and waterfront parks make this neighborhood attractive to renters, along with its close proximity to downtown Milwaukee.
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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.