Cha-Ching: 5 Affordable Milwaukee Apartments

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If you haven’t heard, Milwaukee is in a bit of an upswing, with new construction providing more options than ever for students and young professionals looking to move downtown. Price-wise, much of the new development is at the upper end of the spectrum, but that doesn’t mean that living in Cream City is suddenly unaffordable. Quite the opposite: Increased supply has forced smaller and slightly older, more established properties to stay competitive by increasing amenities or lowering rent prices. Either way, it’s a win-win for renters, who have more options when it comes to their living arrangements.

It can also mean that there are some sweet deals for tenants who want to live downtown. Here are five fantastic one-bedroom apartments Milwaukee has to offer, and all of them will put you right in the center of the action without breaking the bank.

4480 North Oakland Avenue

Tudor architecture. Custom built-in bookshelves. Wood floors and accents. This 565-square-foot one-bedroom is elegant, unique, and conveniently located in the heart of the Shorewood shopping district. And at $765, it looks much more expensive than it is.

Knitting Factory Lofts

Yes, you’ll be living in a former knitting factory. No, you won’t have to bring your own needles and yarn. Instead, enjoy exposed brick, plentiful light from huge windows, and amenities like an on-site fitness center and 12-seat movie theater. Plus, that location! Adjacent to Mitchell Park, the Knitting Factory Lofts are just minutes away from some of Milwaukee’s biggest attractions, including Miller Park.

City Square Apartments

With apartments starting as low as $395, City Square offers exceptional value. Nestled in the heart of Concordia, it’s perfect for Marquette students. And with hardwood floors and all utilities included, it’s a great deal for price-conscious renters of any age.

2636 N. Weil Street

This second-story unit in a charming green Riverwest home is perfect for someone who wants a homey experience. Hardwood floors, a recently remodeled kitchen, and tons of natural light two blocks from Riverside Park can be yours for only $750 per month.

918 East Knapp Street

This apartment is perfect for UW-Milwaukee students who want to keep their overhead low while also enjoying some unique touches. To wit: Apartments in this building feature fireplaces (complete with green tile) as well as Grecian columns. The atmosphere might be palatial, but at $700 a month (heat included) the rent certainly isn’t.