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Prospect Terrace
Milwaukee, WI 53202

- Studio–3 Bedrooms
- 480–2,500Square Feet
About Prospect Terrace
Located at the East Side's most prime intersection of Brady Street and Prospect Ave. Walk out your door to the lakefront and the East Side's best shopping and Cafes. This Mediterranean architectural jewel sits alongside the County bike/running path which connects to the Brady Street pedestrian bridge leading to the Lakefront. It doesn't get any better in Milwaukee than Prospect Terrace.
Prospect Terrace is located in the Northpoint Neighborhood and 53202 Zip code of Milwaukee, WI.
Property Contact Info
Floorplan Pricing and Availability
New! Interactive Property Map
Studio
Studio
Studio, 1 Bath, 480 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable Studio 480 sq ft 1 Bedroom
One Bedroom
1 Bed, 1 Bath, 700 sq ftAvailable Apr 1Availability Details
Availability Date Unit Sq Ft April 1, 2026 1712-9 700 Apartment Unit: 1712-9Apartment Model: One Bedroom1 Bedroom, 1 Bath, 700 sq ftAvailable April 1, 20262 Bedrooms
Two Bedroom
2 Beds, 1 Bath, 1005 sq ftAvailable May 1Availability Details
Availability Date Unit Sq Ft May 1, 2026 1716-2 1005 Apartment Unit: 1716-2Apartment Model: Two Bedroom2 Bedroom, 1 Bath, 1005 sq ftAvailable May 1, 20263 Bedrooms
Penthouse
3 Beds, 2 Baths, 2500 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable Penthouse 2500 sq ft
Property Information
- 50 Units
- 3 Stories
- Built in 1925
Lease Terms
- 6 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Application Fee Per Applicant$0
Other Fees
Pet Fees
- One-Time Pet FeeiMax of 2. Charged Per Pet.$0
- Pet DepositiMax of 2. Charged per Pet.$15
- Monthly Pet FeeiMax of 2. Charged Per Pet.$15/mo
Cat
Parking Fees
- Parking FeeiCharged per vehicle.$135-$150/mo
- StreetiFirst Come First Serve
Garage
Remotely Located.
Additional Parking Options
Storage Fees
- Storage DepositiCharged per rentable item.$0
- Storage RentiCharged per rentable item.$0/mo
Storage Unit
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
Unique Amenities
- New windows
- Slate Floors
- Washer & Dryer Available In Select Units
Unique Amenities
- Garage Available
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Nearby Properties

Map
Hours and Contact Info
| Monday | 9:00 am–5:00 pm |
| Tuesday | 9:00 am–5:00 pm |
| Wednesday | 9:00 am–5:00 pm |
| Thursday | 9:00 am–5:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | Closed |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Renters Reviews and Ratings
Nearby Schools
Maryland Avenue Montessori School
Cass Street School
Roosevelt Middle School of the Arts
Riverside University High School
Lincoln Center of the Arts
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Prospect Terrace.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Colleges and Universities
Milwaukee Area Technical College - Downtown Milwaukee Campus
Groceries
Whole Foods
Aldi
Sendik's Food Market
Hospitals
Ascension Columbia St. Mary's Hospital Milwaukee
Orthopaedic Hospital Of Wisconsin
Wheaton Franciscan St Joseph
Military Bases
Wisconsin Air National Guard
US Air Force Reserve
Parks and Recreation
Prospect Terrace has 5 parks within 10.1 miles, including Lake Park, Mitchell Park Conservatory, Havenwoods State Forest, Brown Deer Park, and Grant Park.
Shopping Centers
Prospect Terrace has 5 shopping centers within 1.2 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milwaukee Studio Apartments | $1,322 | $660 | $4,700 |
| Milwaukee 1 Bedroom Apartments | $1,609 | $474 | $5,345 |
| Milwaukee 2 Bedroom Apartments | $2,099 | $559 | $8,733 |
| Milwaukee 3 Bedroom Apartments | $2,717 | $570 | $10,000+ |
| Milwaukee 4 Bedroom Apartments | $2,704 | $870 | $10,000+ |
| Milwaukee 5 Bedroom Apartments | $3,953 | $1,495 | $10,000+ |
Nearby Apartments
Nearby Homes
Did You Know?
Apartment residents stay an average of 2.5 years in their apartment before moving.
Max of 2.