close
View Me
Rent Specials
$961 - $1,5881 to 2 Bedroom Apartments Available Feb 1, 2026
Clare Meadows Senior Apartments
7700 S 51St StFranklin, WI 53132
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.
close
View Me
close
View Me
close
View Me
$1,000 - $1,2001 Bedroom Apartments Contact Us For Availability
College Court Apartments
6425 S 20th StOak Creek, WI 53154
close
View Me
$1,0391 Bedroom Apartments Available Mar 11, 2026
Apartment Homes of Wildwood Preserve in beautiful Oak Creek, WI
7926 S Wildwood DrOak Creek, WI 53154
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
$1,155 - $1,9401 to 2 Bedroom Apartments Available Now
Riverwood Estates Apartments
535 W Riverwood DrOak Creek, WI 53154
close
View Me
$1,160 - $1,4851 to 2 Bedroom Apartments Available Now
Village In The Park
4905 W College AveGreendale, WI 53129
close
View Me
close
View Me
close
View Me
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
Showing Results 1-11, Page 1 of 1
River Park, Franklin, WI Local Guide
Sunrise over Root River by Flickr User: lens-cap is licensed under CC BY 2.0
How much does it cost to rent an apartment in River Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River Park Studio Apartments | $1,873 | $1,395 | $3,755 |
| River Park 1 Bedroom Apartments | $1,774 | $961 | $4,365 |
| River Park 2 Bedroom Apartments | $2,027 | $1,144 | $5,665 |
| River Park 3 Bedroom Apartments | $2,750 | $1,399 | $6,185 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the River Park Neighborhood of Franklin, WI.
See all Apartments in FranklinExplore Franklin
River Park, Franklin, WI Local Guide
- Nearby Franklin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available River Park Apartments for Rent
The cheapest available apartment rental in the River Park area of Milwaukee, WI is a 2 Beds unit found at Village In The Park priced from $1,285. Southfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable River Park apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village In The Park | Two Bedroom | 2BR,1BA | $1,285 |
| Southfield Apartments | Phase 1 - 1 Bed, 1 Bath Cardinal | 1BR,1BA | $1,299 |
| Tanglewood Apartments | One Bedroom Mulberry | 1BR,1BA | $1,312 |
| Seasons at Franklin | AA | Studio,1BA | $1,395 |
| Franklin Park | 2BR/1.5BA | 2BR,1BA | $1,399 |
Best Value Apartments for Rent in River Park, WI
As of December 23, 2025 the best value apartment in the River Park area is the $1.46 price per square foot Arbors Addition - 2 Bed, 2 Bath Model at Centennial Park Apartments in the in the River Park neighborhood starting from $1,907. The second greatest value River Park apartment is the Breakers Model at The Gables Apartments starting at $1,972 with a $1.58 price per square foot in the College Heights neighborhood. Here is today’s list of the best values for River Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Centennial Park Apartments | Arbors Addition - 2 Bed, 2 Bath | 2BR,2BA | $1.46 |
| The Gables Apartments | Breakers | 3BR,2BA | $1.58 |
| Springbrook Cercle | Ventana 2 BR 1 Bath | 2BR,1BA | $1.45 |
| Riverwood Estates Apartments | Silvergate | 2BR,2BA | $1.51 |
| Brandywood Apartments | 8900-308 DEC 2025 1ST MONTH FREE | 3BR,2BA | $1.43 |
| Wood Creek Apartments | Two Bedroom - Attached Garage | 2BR,1.5BA | $1.44 |
| Southfield Apartments | Phase 2 - 2 Bed, 1 Bath + Den Primrose | 2BR,1BA | $1.51 |
| Village In The Park | Premium Two Bed w/ Heat and In-Unit Laundry | 2BR,1BA | $1.56 |
| Franklin Park | 2BR/1.5BA | 2BR,1.5BA | $1.47 |
| Tanglewood Apartments | One Bedroom Mulberry | 1BR,1BA | $1.42 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the River Park area?
If you’re an expert on all things River Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleRiver Park, Franklin, WI
Ranked #1
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in River Park, Franklin, WI
Forest Ridge Elementary
Oak Creek-Franklin Joint School District
Public School - Grades PK-5 (420)
5 out of 10
Oak Creek West Middle
Oak Creek-Franklin Joint School District
Public School - Grades 6-8 (533)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap River Park Apartments
What is a cheap apartment in River Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River Park is under $1,534.
What is the price of a cheap apartment in River Park?
The cheapest apartment in River Park is Southfield Apartments which is listed at $1,299, while the average apartment in River Park costs $2,775.
What types of apartments are the cheapest in River Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in River Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in River Park?
Cheap apartments in River Park have an average cost of $154 which is $2,621 cheaper than the average rent for all rentals in River Park.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!