Downtown Milwaukee Apartment Neighborhood

Downtown Milwaukee is home to some of the best dining, entertainment, shopping, and nightlife in the city. Check out a concert or play at one of the many walkable theaters, go for a night out with friends, enjoy fine dining, or take in a festival – there is always something to do in the neighborhood! Streetcar Flats is conveniently located near many downtown attractions such as the Deer District, Cathedral Square, Pabst Theater, Marcus Center for the Performing Arts, and Historic City Hall. Water Street is close by, as well as Lake Michigan. Our proximity to Milwaukee School of Engineering also makes Streetcar Flats a great choice for students looking to live off campus! Check out the map below to explore the area and start planning your next adventure in Downtown Milwaukee.

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Apartments Near Milwaukee School of Engineering

Streetcar Flats is the leading apartment community near Milwaukee School of Engineering (MSOE), one of the nation’s top 10 universities for students seeking a comprehensive education in engineering and similar fields. Since 1903, MSOE has instructed almost 2,400 pupils each semester in the heart of Downtown Milwaukee. Studying and living in the center of Milwaukee’s East Town neighborhood places pupils within walking distance from countless Fortune 500 companies and other organizations’ corporate offices. Small class sizes make it easy for students to land internships and jobs at these prestigious, nearby businesses.

Rental Criteria

INCOME
One Adult – Gross income must meet or exceed 3 times the apartment rental rate. Roommates – The combined gross income must meet or exceed 3 times the apartment rental rate. If you are self-employed or retired, you must provide your most recent tax filing or consecutive bank statements from the past six (6) months to verify your income.

CREDIT HISTORY
Your credit score must meet or exceed six hundred fifty (650). You will automatically be denied rental if any monies are owed to a previous landlord or management company. If you owned a home and it has been foreclosed upon, you will be denied rental. If you have been sued in an attempt to obtain a monetary judgment against you within the last five (5) years you will be denied rental. If you have a monetary judgment against you that is older than five (5) years you must have legally satisfied that judgment or you will be denied rental.

PREVIOUS HOUSING
A verifiable history of apartment rental or mortgage payments. If there is no verifiable housing and you are a first-time renter, a Guarantor will be required, along with a security deposit of one (1) month’s rent. Any previous eviction judgment is an automatic basis for rejection of an application. Any negative reference from a prior landlord will cause you to be denied rental.

OCCUPANCY STANDARDS Maximum limits are as follows:

Studio: 2 individuals maximum
1 Bedroom: 2 individuals maximum
2 Bedroom: Not to exceed 4 individuals with no more than 3 unrelated adults
3 Bedroom: Not to exceed 6 individuals with no more than 3 unrelated adults o
- Children under the age of 2 are not included in the calculation

GUARANTOR(S)
Should an applicant not qualify in terms of credit history, the applicant, at the discretion of the landlord, may have the lease guaranteed by another party. Guarantor(s) must meet or exceed the rental criteria as stated above.

Each Guarantor must provide sufficient income verification equal to three (3) times the amount of the rent to guarantee the apartment rental.

CRIMINAL BACKGROUND
If applicant has been convicted of illegally manufacturing or distributing a controlled substance as defined in sec. 102 of the Controlled Substances Act (21 U.S.C. 802) their application will be denied.

If applicant is subject to a state lifetime sex offender registration program their application will be denied.

If applicant has not been otherwise disqualified based on the above factors, and the applicant has been convicted of a felony or released from custody or supervision for a felony conviction, whichever occurred later, within the last six years, or a misdemeanor within the last three years, and the crime shows a demonstrable risk to tenant safety and/or property, their application may be denied after consideration of the nature and severity of the crime, the applicant’s age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case by case basis. Applicant shall provide any mitigating information or documentation that he or she would like to be considered regarding any criminal convictions.

*If management is unable to verify any information on your rental application, including but not limited to your prior rental history and employment, you will be denied rental. If you misrepresent your application information, you will be denied rental.

Date Started Using: May 16, 2023