
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.


Ryan Green Apartments

Timber Ridge Apartments

Apartment Homes of Wildwood Preserve

Village In The Park
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.

Oak Park Apartment Homes

Franklin Park

College Court Apartments
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.
River Park, Franklin, WI Local Guide

How much does it cost to rent an apartment in River Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River Park Studio Apartments | $1,720 | $845 | $4,145 |
| River Park 1 Bedroom Apartments | $1,754 | $915 | $4,365 |
| River Park 2 Bedroom Apartments | $2,040 | $1,102 | $5,900 |
| River Park 3 Bedroom Apartments | $2,884 | $1,605 | $6,185 |
Browse Apartments in this Neighborhood
There are currently 14 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
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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 Clare Meadows Senior Apartments priced from $915. Ryan Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,196. Here are the most affordable River Park apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clare Meadows Senior Apartments | D | 1BR,1BA | $915 |
| Ryan Green Apartments | Laurel | 1BR,1BA | $1,196 |
| Timber Ridge Apartments | Two Bedroom | 2BR,1BA | $1,235 |
| Village In The Park | Two Bedroom | 2BR,1BA | $1,285 |
| College Court Apartments | Two Bedroom Upper | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in River Park, WI
As of November 02, 2025 the best value apartment in the River Park area is the $1.57 price per square foot Watercress 3 Bedroom w/FP Model at Springbrook Cercle in the in the River Park neighborhood starting from $2,600. The second greatest value River Park apartment is the Arbors Addition - 2 Bed, 2 Bath Model at Centennial Park Apartments starting at $2,012 with a $1.54 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 | $1.57 |
| Centennial Park Apartments | Arbors Addition - 2 Bed, 2 Bath | 2BR,2BA | $1.54 |
| Brandywood Apartments | 8900-308 MID DEC 2025 | 3BR,2BA | $1.43 |
| Wood Creek Apartments | Two Bedroom - Attached Garage | 2BR,1.5BA | $1.50 |
| Southfield Apartments | Phase 3 - 2 Bed, 1 Bath + Den Upper | 2BR,1BA | $1.60 |
| College Court Apartments | Two Bedroom Upper | 2BR,1.5BA | $1.24 |
| Franklin Park | 2BR/1.5BA | 2BR,1.5BA | $1.47 |
| Village In The Park | Two Bedroom | 2BR,1BA | $1.35 |
| Ryan Green Apartments | Laurel | 1BR,1BA | $1.53 |
| Clare Meadows Senior Apartments | D | 1BR,1BA | $1.43 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Pet Friendly LifestyleRiver Park, Franklin, WI
Ranked #1
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in River Park, Franklin, WI
Forest Ridge Elementary
Oak Creek West Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap River Park Apartments
What is the price of a cheap apartment in River Park?
The cheapest apartment in River Park is Clare Meadows Senior Apartments which is listed at $915, while the average apartment in River Park costs $2,881.
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 $195 which is $2,686 cheaper than the average rent for all rentals in River Park.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





