
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.


6361 S 27th St

Ryan Green Apartments

Seasons at Franklin

Statesman Apartments

Franklin Meadows Senior

Park Water Apartments

Forest View Apartments

Parkwood Village Townhomes

7146 S 38th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

College Court Apartments

Wildwood Preserve

Timber Ridge Apartments

Franklin Park

Oak Park Apartment Homes

Tanglewood Apartments

Riverwood Estates Apartments

Village In The Park

Oak Shores Apartments

HUB13
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.

Southfield Apartments

Parterre at Emerald Row

Drexel Ridge

Springbrook Cercle

Wood Creek Apartments

Prado

Seasons at Orchard Hills

815 W Puetz Rd, Unit 815

The Gables Apartments

Forge and Flare
Cash 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.

The Oaks at 8100

Emerald Row Apartments

Country Oaks Apartments

The Broadacre Apartments

Brandywood Apartments

Centennial Park Apartments

8852 Jackjay Dr

5499 Rainbow Dr

1818 W Mildenhall Dr

Heyday Oak Creek
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.

1811 W Wysteria Ln

Residences at Oak View LLC

8145 S White Oak Dr

1832-1836 Rawson Ave

College Manor Apartments

The Centennial

1835 Drexel Blvd

Oak Leaf Condominiums

Root River Apartments

Manor Pointe - Senior Independent Living
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,542 | $1,375 | $2,176 |
| River Park 1 Bedroom Apartments | $1,582 | $961 | $2,898 |
| River Park 2 Bedroom Apartments | $1,996 | $1,157 | $3,798 |
| River Park 3 Bedroom Apartments | $2,844 | $1,765 | $4,228 |
Browse Apartments in this Neighborhood
There are currently 50 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 Timber Ridge Apartments priced from $1,110. Franklin Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable River Park apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timber Ridge Apartments | One Bedroom | 1BR,1BA | $1,110 |
| Franklin Park | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Tanglewood Apartments | One Bedroom Mulberry | 1BR,1BA | $1,243 |
| Ryan Green Apartments | Laurel | 1BR,1BA | $1,299 |
| Parterre at Emerald Row | A2 | 1BR,1BA | $1,455 |
| Springbrook Cercle | Clearwater Inner Entry Level | 1BR,1BA | $1,475 |
| Riverwood Estates Apartments | Charmstone | 2BR,2BA | $1,520 |
| HUB13 | AA1 - 1x1 | 1BR,1BA | $1,525 |
| Emerald Row Apartments | 1A2 | 1BR,1BA | $1,585 |
| Southfield Apartments | Phase 2 - 2 Bed, 1 Bath + Den Primrose | 2BR,1BA | $1,656 |
Best Value Apartments for Rent in River Park, WI
As of June 14, 2026 the best value apartment in the River Park area is the $1.82 price per square foot Tayber Model at Residences at Oak View LLC in the in the River Park neighborhood starting from $3,100. The second greatest value River Park apartment is the 3B Model at Seasons at Franklin starting at $2,895 with a $1.73 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. |
|---|---|---|---|
| Residences at Oak View LLC | Tayber | 3BR,2.5BA | $1.82 |
| Seasons at Franklin | 3B | 3BR,2BA | $1.73 |
| Statesman Apartments | Thatcher | 2BR,2BA | $1.74 |
| Brandywood Apartments | 8900-#310 JULY 1ST | 3BR,1.5BA | $1.48 |
| Southfield Apartments | Phase 2 - 2 Bed, 1 Bath + Den Primrose | 2BR,1BA | $1.53 |
| Riverwood Estates Apartments | Charmstone | 2BR,2BA | $1.42 |
| Springbrook Cercle | Clearwater Inner Entry Level | 1BR,1BA | $1.64 |
| Ryan Green Apartments | Laurel | 1BR,1BA | $1.67 |
| Tanglewood Apartments | One Bedroom Mulberry | 1BR,1BA | $1.81 |
| Timber Ridge Apartments | One Bedroom | 1BR,1BA | $1.85 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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
How much is rent for a Cheap One Bedroom River Park Apartment?
The lowest price for a Cheap One Bedroom River Park Apartment is $1,110 at Timber Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom River Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in River Park is starting from $1,245 at Timber Ridge Apartments.
What is the most affordable River Park Three Bedroom Apartment?
The best deal on a cheap River Park Three Bedroom Apartment rental is at Brandywood Apartments and starts from $1,765.
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.
Helpful Local Expert Guides

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.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.