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$961 - $1,5881 to 2 Bedroom Apartments Contact Us For Availability
Clare Meadows Senior Apartments
7700 S 51St StFranklin, WI 53132
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.
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1 to 3 Bedroom Apartments
Park Water Apartments
6594 S 35th StFranklin, WI 53132
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1 Bedroom Apartments
Franklin Meadows Senior
7704 S 51st StFranklin, WI 53132
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$1,000 - $1,3001 to 2 Bedroom Apartments Available Feb 1
College Court Apartments
6425 S 20th StOak Creek, WI 53154
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$1,155 - $1,9401 to 2 Bedroom Apartments Available Now
Riverwood Estates Apartments
535 W Riverwood DrOak Creek, WI 53154
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$1,1592 Bedroom Apartments Available Mar 10
Oak Park Apartment Homes
8828 S Oak Park 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.
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$1,160 - $1,3851 to 2 Bedroom Apartments Available Now
Village In The Park
4905 W College AveGreendale, WI 53129
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$1,1792 Bedroom Apartments Available Feb 26
Apartment Homes of Wildwood Preserve in beautiful Oak Creek, WI
7926 S Wildwood DrOak Creek, WI 53154
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$1,193 - $2,4781 to 2 Bedroom Apartments Available Now
Southfield Apartments
1400 W Southfield BlvdOak Creek, WI 53154
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1 Bedroom Apartments
1832-1836 Rawson Ave
1832-1836 Rawson AveSouth Milwaukee, WI 53172
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1 to 3 Bedroom Apartments
College Manor Apartments
2100-2200 W College AveMilwaukee, WI 53221
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1 to 2 Bedroom Apartments
The Centennial
400 E Centennial DrOak Creek, WI 53154
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.
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2 Bedroom Apartments
1835 Drexel Blvd
1835 Drexel BlvdSouth Milwaukee, WI 53172
Showing Results 1-13, 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 | $1,833 | $1,395 | $3,755 |
| River Park 1 Bedroom Apartments | $1,727 | $961 | $4,365 |
| River Park 2 Bedroom Apartments | $2,013 | $1,157 | $5,665 |
| River Park 3 Bedroom Apartments | $2,899 | $1,635 | $6,300 |
Browse Apartments in this Neighborhood
There are currently 13 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
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Cheapest Available River Park Apartments for Rent
The cheapest available apartment rental in the River Park area of Milwaukee, WI is a 1 Bed unit found at Village In The Park priced from $1,160. Southfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,194. 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 | One Bedroom | 1BR,1BA | $1,160 |
| Southfield Apartments | Phase 1 - 1 Bed, 1 Bath Cardinal | 1BR,1BA | $1,194 |
| Tanglewood Apartments | One Bedroom Mulberry | 1BR,1BA | $1,274 |
| Oak Shores Apartments | One Bedroom End | 1BR,1BA | $1,327 |
| Seasons at Franklin | AA | Studio,1BA | $1,395 |
Best Value Apartments for Rent in River Park, WI
As of January 19, 2026 the best value apartment in the River Park area is the $1.45 price per square foot Watercress 3 Bedroom w/FP Model at Springbrook Cercle in the in the River Park neighborhood starting from $2,400. The second greatest value River Park apartment is the Arbors Addition - 2 Bed, 2 Bath Model at Centennial Park Apartments starting at $1,825 with a $1.40 price per square foot in the River Park 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. |
|---|---|---|---|
| Springbrook Cercle | Watercress 3 Bedroom w/FP | 3BR,2BA | $1.45 |
| Centennial Park Apartments | Arbors Addition - 2 Bed, 2 Bath | 2BR,2BA | $1.40 |
| Riverwood Estates Apartments | Silvergate | 2BR,2BA | $1.51 |
| Root River Apartments | 3BR 1.5 BA | 3BR,1.5BA | $1.37 |
| Brandywood Apartments | 8900-308 DEC 2025 1ST MONTH FREE | 3BR,2BA | $1.43 |
| Southfield Apartments | Phase 3 - 2 Bed, 1 Bath + Den Upper | 2BR,1BA | $1.62 |
| Wood Creek Apartments | Two Bedroom - Attached Garage | 2BR,1.5BA | $1.57 |
| Franklin Park | 2BR/1.5BA | 2BR,1.5BA | $1.47 |
| Country Oaks Apartments | 2 Bed/ 1.5 Bath B | 2BR,1.5BA | $1.68 |
| Village In The Park | One Bedroom | 1BR,1BA | $1.55 |
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.
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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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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.
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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 $1,456.
What is the price of a cheap apartment in River Park?
The cheapest apartment in River Park is Village In The Park which is listed at $1,160, while the average apartment in River Park costs $2,845.
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 4 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 $135 which is $2,710 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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.