$1,050/ mo
Doesn't include deposits and fees
Studio1 bath910 sqft condo
Available October 1
1016 S 5th St #3
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1016 S 5th St #3
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What you get
Costs, fees, and lease terms
Lease terms
Available Aug 1. 12 month lease. $12 application fee. $650 security deposit due upon lease signing. Sorry no pets and no smoking.
Pricing comparison
$279At $1,050, this listing is priced $279 cheaper than the current market rate for a studio in Walker's Point.
Other studios in the area go for
- Walker's Point$1,329
- Milwaukee$1,105
- Milwaukee County$1,235
- 53204$1,346
Pets
Dogs
Cats
The neighborhood
About the building
Start off the cozy fall season w/ a new home at Schaeffer Block! Available October 1st, 2026.…
From world-class dining to local artisans, shopping, and music, Walkers Point/Harbor View is a hot spot for the active and adventurous -- and Schaeffer Block stands at the center of it all! This large studio features hardwood floors, extra high ceilings, closet space, and a spacious kitchen! Only a 30-minute walk to sparkling Lake Michigan.
Walker's Point has become a restaurant hotspot in Milwaukee. Newer lofts mingle side-by-side with older brick apartment buildings in this quasi-industrial, trendy neighborhood, which sits immediately southwest of Milwaukee's downtown. As you stroll the streets past the neighborhood's mix of popular bars and tapas joints, you'll find an incredible mix of upscale choice. Restaurants in Walker's Point tend to use locally-sourced food, some from artisanal producers right in the neighborhood. National Avenue and Interstate 43 serve as the major thoroughfares in this part of Milwaukee, making it easy to commute across the river or anywhere else.
- -WATER INCLUDED!
- (2) slab parking spaces included (tandem style)
- On site coin laundry available
- (1) storage locker included.
Pet friendly (only one dog or cat allowed) - One time $250 non-refundable pet fee and $25/month pet rent.
Ready to call home?To Apply - $30 application fee per applicant
Click on "Rentals" Tab and "Apply for Unit"
The property manager
Nearby schools
Students who live in 1016 S 5th St #3 attend the following Milwaukee School District (Unified School District) public schools:
- 83.5 mi
Milwaukee German Immersion School
Public, Grades PK - 5
- 33.5 mi
Lincoln Center Of The Arts
Public, Grades 6 - 8
- 30.8 mi
South Division High School
Public, Grades 9 - 12
- 40.4 mi
Vieau Elementary
Public, Grades PK - 8
Showing 4 of 10 schools.
GreatSchools ratings are based on test scores and additional metrics when available.
1016 S 5th St #3
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Find similar homes
 This listing 1016 S 5th St #3 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Studio | $1,050 | $900+ | $1,069 | $795+ | $795+ | $795+ | $825+ | $1,050 | $999+ |
| 1 bed | — | $1,150 | $1,294+ | — | $1,150 | — | $1,100+ | $1,420+ | $1,209 |
| 2 beds | — | — | — | — | — | — | — | $1,755 | — |
| Distance | — | 2.1 miles away | 1.2 miles away | 1.8 miles away | 1.7 miles away | 1.9 miles away | 1.8 miles away | 1.4 miles away | 2.6 miles away |
| Pets | Cats and Dogs Allowed | No Pets Allowed | Cats and Dogs Allowed | Cats Allowed | Cats Allowed | Cats Allowed | Cats and Small Dogs Allowed | Cats and Dogs Allowed | — |
| Laundry | In Unit | — | Shared | Shared | Shared | Shared | Shared | — | Shared |
| Security | Controlled Access | — | Gated Entry, Intercom | Controlled Access | Controlled Access | Controlled Access, Intercom | Intercom | — | Controlled Access |
| A/C | — |  | — | | | | | — | |
| Dishwasher | — | | | — | — | — | — | — | — |
| Parking | — | — | | | | | — | — | — |
| Gym | — | | | — | — | — | — | — | |
| Pool | — | — | — | — | — | — | — | — | — |
Frequently asked questions
How many apartment units are available and what are their rents?
- There is 1 studio apartment available for $1,050
What is the apartment building's pet policy?
There are cats and dogs allowed at 1016 S 5th St #3. Please contact the property manager for up to date pet policy and fee information.
Is there laundry in the building?
This building offers in unit laundry.
Does the building offer parking?
For up to date tenant parking information, please contact 1016 S 5th St #3.
What Milwaukee neighborhood is 1016 S 5th St #3 in?
Your new apartment would be located in the Walker's Point neighborhood.
What school district is this building in?
1016 S 5th St #3 is within the Milwaukee School District. Check out the additional Nearby Schools for more boundary details.
When was this listing last updated?
The property manager updated this rental listing 31 minutes, 30 seconds ago.
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