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Home / Milwaukee / Lake Terrace Apartments
Lake Terrace Apartments Apartment for rent in Milwaukee, WI
2 of 25 Lake Terrace Apartments Apartment for rent in Milwaukee, WI
3 of 25 Lake Terrace Apartments Apartment for rent in Milwaukee, WI
4 of 25 Lake Terrace Apartments Apartment for rent in Milwaukee, WI
5 of 25 Lake Terrace Apartments Apartment for rent in Milwaukee, WI
25 Photos
Photos Floor Plans Amenities
Updated 3 hours ago

Lake Terrace Apartments


2616 N Frederick Ave Milwaukee, WI

Studio - 2 Bed
•
1 - 2 Bath

413 - 760 Sq. Ft.

Available starting May. 30th
Floor plans
Studio • 1 Bath
$935
413 ft2
2 Available
Managed By: Northland Management
Unit 320
$935
Available May 30th, 2025
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Unit 120
$935
Available Jul 1st, 2025
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View Rented Units
Studio • 1 Bath
$935
420 ft2
2 Available
Managed By: Northland Management
Unit 203
$935
Available Jul 1st, 2025
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Unit 303
$935
Available Sep 1st, 2025
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1 Bed • 1 Bath
$1,035
600 ft2
1 Available
Managed By: Northland Management
Unit 213
$1,035
Available Jul 31st, 2025
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2 Beds • 2 Bath
$1,350
760 ft2
1 Available
Managed By: Northland Management
Unit 318
$1,350
Available Aug 1st, 2025
View
2 Beds • 2 Bath
$1,350
750 ft2
1 Available
Managed By: Northland Management
Unit 121
$1,350
Available Aug 1st, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
90
Very Walkable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Water Included
Dishwasher
Range / Oven
Microwave
High-speed Internet
Elevator
Smoke-free Community
Meal Plan Available
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

935 - 1350

Property details
Description

Nice 1BR with balcony on the East Side of Milwaukee - Eastside 1BR with Balcony
No Dogs Allowed

Additional Details
Total Unit Count: 84
Last Updated: Updated 3 hours ago
Contact Number: (414) 962-9775
Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lake Terrace Apartments by bedroom type below.
Studio
Suggested income:
$33,700
per year
1 Bedroom
Suggested income:
$37,300
per year
2 Bedroom
Suggested income:
$48,600
per year
Rent report

Lake Terrace Apartments Rent vs. Milwaukee Average

 Lake Terrace Apartments      Milwaukee Average
Studio
$935
$1,427
$0
$500
$1,000
$1,500
$2,000
1BR
$1,035
$1,535
$0
$500
$1,000
$1,500
$2,000
2BR
$1,350
$1,942
$0
$650
$1,300
$1,950
$2,600

Lake Terrace Apartments is asking 34% less than the average studio apartment in Milwaukee.

If you upsized to an average priced Milwaukee 1 bedroom apartment, you would pay 7% more per month.

Lake Terrace Apartments provides 27% less square footage than the average Milwaukee studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lake Terrace Apartments
Studio $935 $2.20 $2,805
1BR $1,035 $1.70 $3,105
2BR $1,350 $1.80 $4,050
Milwaukee Average
Studio $1,427 $2.50 $4,281
1BR $1,535 $2.10 $4,604
2BR $1,942 $1.90 $5,825
3BR $2,036 $1.60 $6,109
4BR $1,999 $1.20 $5,996

Availability in Milwaukee

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 977 2BR units on the market in Milwaukee. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 35% 38% 14% 3%
Available Units in Milwaukee
Studio 260
1BR 900
2BR 977
3BR 359
4BR 70
Location
Nearby Colleges

University of Wisconsin-Milwaukee

Milwaukee Area Technical College

Marquette University

Alverno College

Campus Buildings and Attractions
Distance Walking Biking Driving
College of Engineering and Applied Sciences 0.8 mi 15 min 5 min 2 min
Mitchell Hall 0.9 mi 16 min 6 min 2 min
School of Information Studies 0.9 mi 17 min 6 min 2 min
Golda Meir Library 0.9 mi 19 min 8 min 2 min
Klotsche Recreation Center 1.1 mi 21 min 9 min 3 min
Nearby Hospitals
Name Distance
Ascension Sacred Heart Rehab Inst 0.4 mi.
Orthopaedic Hsptl Of Wi 2.66 mi.
Aurora Sinai Medical Center 2.77 mi.
Nearby Fire Stations
Name Distance
Milwaukee Fire Department 2.62 mi.
Riverview Fire Department 3.3 mi.
Wauwatosa Fire Department 6.38 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 30, 2025.
What's the square footage of the available units?
The available units range from 413 to 760 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Lake Terrace Apartments has a studio unit starting at $935.
Where is this property located?
This property is at 2616 N Frederick Ave in Milwaukee, WI. It's 5.2 miles northeast from the center of Milwaukee.
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