Prospect East Apartments

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1947 N Prospect Ave, Milwaukee, WI 53202
(414) 895-5378
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Prospect East Apartments

1947 N Prospect Ave
Milwaukee, WI 53202
(414) 895-5378
Prospect East Apartments in Milwaukee, WI - Building Photo
  • 1 Bedroom Bedrooms
  • $985-$1,045Pricing
  • 500–600Square Feet

About Prospect East Apartments

Welcome to Prospect East Apartments! Our inviting homes combine comfort, style, and unbeatable valueall just moments from the excitement of Downtown. With thoughtful amenities like a workout room, elevator, laminate wood flooring, and carpet, everyday living feels both convenient and rewarding. Contact us now for a chance to discover our apartments on the East Side, Milwaukee!

Prospect East Apartments is located in the Lower East Side Neighborhood and 53202 Zip code of Milwaukee, WI. This community is professionally managed by Terrace Realty

Unique Features and Amenities

  • Beautiful Luxury Vinyl Plank
  • Cable and Internet Ready
  • Ceiling Fan
  • Conveniently Located Near Downtown & UWM
  • Frost-Free Refrigerator
  • Garbage Disposal
  • Heat, Water & Gas Included
  • heated parking available
  • Heated Underground Parking Available
  • Laminate Wood Flooring and Carpet
  • Large Closets
  • Locked Lobby & Security Cameras
  • Management On-Site
  • Mini Blinds
  • Near Alterra on the Lake & Whole Foods
  • Non-Smoking Community
  • on-site laundry
  • Spacious Kitchen with Abundant Cabinets
  • Spacious, Bright & Sunny 1 Bedroom Apartments

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Prospect East Apartments offers 1 Bedroom apartments starting from $985 and having 500–600 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      One Bedroom - North & South

      From $985

      1 Bed, 1 Bath, 600 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitDeposit
      $1,045Available Now310$1,045
      $985Available Now308$985

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Ceiling Fans
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Disposal
      • Island Kitchen
      • Kitchen
      • Pantry
      • Range
      • Refrigerator

      Model Rent and Fees

      Model Price Range

      • $985 - $1,045

      Unit 310 Rent and Fees

      Unit Price

      • $1,045

      Deposit

      • $1,045 deposit

      Model Rent and Fees

      Model Price Range

      • $985 - $1,045

      Unit 308 Rent and Fees

      Unit Price

      • $985

      Deposit

      • $985 deposit

      Model Rent and Fees

      Model Price Range

      • $985 - $1,045

      One Bedroom Corner-West

      1 Bed, 1 Bath, 500 sq ft
       

      Availability Details

      Availability DateUnitSq Ft
      Call for AvailabilityOne Bedroom Corner-West500 sq ft

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Ceiling Fans
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Disposal
      • Island Kitchen
      • Kitchen
      • Pantry
      • Range
      • Refrigerator

      One Bedroom Corner-East

      1 Bed, 1 Bath, 600 sq ft
       

      Availability Details

      Availability DateUnitSq Ft
      Call for AvailabilityOne Bedroom Corner-East600 sq ft

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Ceiling Fans
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Disposal
      • Island Kitchen
      • Kitchen
      • Pantry
      • Range
      • Refrigerator
      Show Unavailable Floorplans
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (414) 895-5378 to schedule a tour.

    Property Information

    Lease Terms

    • 12 - 16 mo

    Fees and Policies

    The fees below are based on community-supplied data and may exclude additional fees and utilities.

    Required Fees

    One-Time Move-In Fees

    Due at Application
    Application Fee Per Applicant$25

    Other Fees

    Pet Fees

    Cat

    Cat Deposit$100

    Cats

    • 1 Pet Limit
    Restrictions:

    Additional Monthly Fee | Restrictions: None

    Parking Fees

    Garage

    Parking Fee$150/mo

    Additional Parking Options

    Surface Lot
    Other

    Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

    Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Property Manager On Site
    • Guest Apartment
    • Public Transportation
    • Video Patrol
    • 24 Hour Access
    • Laundry Facilities

    Community Features

    • Elevator

    Outdoor Features

    • Courtyard
    • Gated

    Recreation and Fitness

    • Fitness Center
    • Basketball Court

    Interior Features

    • Ceiling Fans
    • Intercom
    • Tub/Shower
    • Cable Ready
    • Air Conditioning
    • Smoke Free

    Kitchen Amenities

    • Range
    • Refrigerator
    • Pantry
    • Island Kitchen
    • Kitchen
    • Disposal

    Living Area Features

    • Walk In Closets
    • Views
    • Carpet
    • Hardwood Floors

    Unique Amenities

    • Garage Available
    Google Map

    Map

    1947 N Prospect Ave, Milwaukee, WI 53202

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    MondayClosed
    TuesdayClosed
    Wednesday2:00 pm–5:00 pm
    ThursdayClosed
    FridayClosed
    SaturdayClosed
    SundayClosed

    Getting Around

    Walk Score®

    91 / 100

    Walker’s Paradise

    Daily errands do not require a car

    Bike Score®

    87 / 100

    Very Bikeable

    Biking is convenient for most trips

    Transit Score®

    56 / 100

    Good Transit

    Many nearby public transportation options

    Frequently Asked Questions about Prospect East Apartments

    Where is Prospect East Apartments located?

    Prospect East Apartments is located at 1947 N Prospect Ave near the Lower East Side area of Milwaukee, WI

    What is the current rent range at Prospect East Apartments?

    1 Bedrooms at Prospect East Apartments currently start from $985. Call today for more info!

    When is the leasing office open?

    • The office Hours for Prospect East Apartments are
    • Monday Closed
    • Tuesday Closed
    • Wednesday 2:00 pm–5:00 pm
    • Thursday Closed
    • Friday Closed
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Prospect East Apartments Apartments are 41.9% cheaper than the average apartment in the Lower East Side area, and 39.2% cheaper than the average apartment city-wide.

      Rent Comparison to the Lower East Side Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$985$1,694-$709-41.9%

      Rent Comparison to the city of Milwaukee

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$985$1,619-$634-39.2%

      Methodology: On 10/22/2025, ApartmentHomeLiving.com compared current rents by floorplan to 354 other apartment communities in the immediate area around Prospect East Apartments (Lower East Side), and 1745 other apartment communities in Milwaukee using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 10/22/2025

    • Pet Friendly 3.0

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 3.0-star Pet Friendly rating is based on the following features:

      • Hardwood Floors
      • Elevator(s)
      • Basketball Court(s)
      • Courtyard
      • Air Conditioning
    • Transit Friendly 3.2

      Transit Friendly apartments feature a fantastic location and great access to local mass transit.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    3.1
    2 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • This is the one

      September 7, 2021
      This was my first apartment after moving into the city, and I was really glad I chose here! The area feels safe, the apartment is spacious and affordable--especially compared to the other options in the area. There's a corner store right behind the building which was super convenient. The only reason I moved out was to live with my boyfriend, but I definitely would've stayed otherwise. Larry was great, and really makes you feel like you're at home. I definitely recommend living here!
      Review from Apartments.com
    • Excellent value

      March 28, 2021
      Close to Brady street, Bradford Beach, and downtown. I've been a tenant here for almost 5 years-would highly recommend!
      Review from Apartments.com

    Nearby Schools

    Riverside University High School

    Milwaukee
    1615 East Locust Street
    Public School - Grades 9-12 (1229 Students)
    In Attendance Zone3 minute drive / 1.0 miles away
    4/10

    Maryland Avenue Montessori School

    Milwaukee
    2418 North Maryland Avenue
    Public School - Grades PK-8 (501 Students)
    In Attendance Zone1 minute drive / 0.5 miles away
    9/10

    Roosevelt Middle School of the Arts

    Milwaukee
    800 West Walnut Street
    Public School - Grades 6-8 (309 Students)
    In Attendance Zone5 minute drive / 1.7 miles away
    3/10

    Cass Street School

    Milwaukee
    1647 North Cass Street
    Public School - Grades PK-8 (285 Students)
    In Attendance Zone2 minute drive / 0.7 miles away
    6/10

    Lincoln Center of the Arts

    Milwaukee
    820 East Knapp Street
    Public School - Grades 6-8 (374 Students)
    In Attendance Zone2 minute drive / 0.9 miles away
    3/10
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Prospect East Apartments.

    Arts Museums and Landmarks

    Oriental Theater

    2230 North Farwell Avenue
    1 minute drive / 0.21 miles away

    Bradford Beach

    2400 North Lincoln Memorial Drive
    2 minute drive / 0.78 miles away

    North Point Lighthouse

    2650 North Wahl Avenue
    2 minute drive / 0.97 miles away

    Big Box and Retail

    Walgreens

    2950 N Oakland Ave
    2 minute drive / 0.85 miles away

    Colleges and Universities

    University of Wisconsin, Milwaukee

    2200 E Kenwood Blvd
    3 minute drive / 1.28 miles away

    Milwaukee School of Engineering

    1025 N Broadway
    4 minute drive / 1.39 miles away

    Milwaukee Area Technical College - Downtown Milwaukee Campus

    700 West State Street
    5 minute drive / 1.87 miles away

    Groceries

    Whole Foods

    2305 N Prospect Ave
    1 minute drive / 0.3 miles away

    Aldi

    6825 N Port Washington Rd
    12 minute drive / 5.79 miles away

    Sendik's Food Market

    8616 W North Ave
    14 minute drive / 6.57 miles away

    Hospitals

    Ascension Columbia St. Mary's Hospital Milwaukee

    2323 N Lake Dr
    1 minute drive / 0.56 miles away

    Orthopaedic Hospital Of Wisconsin

    475 W River Woods Pkwy
    6 minute drive / 2.9 miles away

    Wheaton Franciscan St Joseph

    5000 W Chambers St
    9 minute drive / 4.44 miles away

    Military Bases

    Wisconsin Air National Guard

    17 minute drive / 8.22 miles away

    US Air Force Reserve

    18 minute drive / 8.75 miles away

    Parks and Recreation

    Lake Park

    3233 E. Kenwood Blvd.
    4 minute drive / 1.45 miles away

    Mitchell Park Conservatory

    524 S. Layton Blvd.
    8 minute drive / 3.76 miles away

    Havenwoods State Forest

    6141 N. Hopkins Street
    13 minute drive / 6.16 miles away

    Prospect East Apartments has 5 parks within 11.1 miles, including Lake Park, Mitchell Park Conservatory, Havenwoods State Forest, Brown Deer Park, and Boerner Botanical Gardens.

    Shopping Centers

    Century Centre

    2318-2340 N Farwell Ave
    1 minute drive / 0.24 miles away

    Brady Place

    1400-1438 E Brady St
    1 minute drive / 0.49 miles away

    East Building

    2620-2650 N Downer Ave
    2 minute drive / 0.78 miles away

    Prospect East Apartments has 5 shopping centers within 1.3 miles.

    Nearby Neighborhoods

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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Milwaukee Studio Apartments $1,331$655$3,688
    Milwaukee 1 Bedroom Apartments $1,619$465$5,035
    Milwaukee 2 Bedroom Apartments $2,100$556$7,304
    Milwaukee 3 Bedroom Apartments $2,801$750$10,000+
    Milwaukee 4 Bedroom Apartments $2,264$870$4,250
    Milwaukee 5 Bedroom Apartments $4,743$1,450$10,000+

    Browse Top Apartments in Milwaukee

    Viewing: Prospect East Apartments | Desktop Version | Listing Updated: 11/04/2025 | AHLSLV