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Rent Specials
$961 - $1,5881 to 2 Bedroom Apartments Available May 27
Clare Meadows Senior Apartments
7700 S 51St StFranklin, WI 53132
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.
6361 S 27th St
FranklinWI53132
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1 Bedroom Apartments
Franklin Meadows Senior
7704 S 51st StFranklin, WI 53132
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1 to 3 Bedroom Apartments
Park Water Apartments
6594 S 35th StFranklin, WI 53132
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$980 - $1,295Studio to 2 Bedroom Apartments Available May 23
Timber Ridge Apartments
6935 S Timber Ridge LnOak Creek, WI 53154
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$1,000 - $1,5001 to 2 Bedroom Apartments Available May 1
College Court Apartments
6425 S 20th StOak Creek, WI 53154
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.
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$1,019 - $1,2541 to 2 Bedroom Apartments Available Jul 9
Oak Park Apartment Homes
8828 S Oak Park DrOak Creek, WI 53154
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$1,0591 Bedroom Apartments Available Aug 3
Apartment Homes of Wildwood Preserve in beautiful Oak Creek, WI
7926 S Wildwood DrOak 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
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2 Bedroom Apartments
1835 Drexel Blvd
1835 Drexel BlvdSouth Milwaukee, WI 53172
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.
Showing Results 1-12, Page 1 of 1
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 | $1,530 | $980 | $2,106 |
| River Park 1 Bedroom Apartments | $1,581 | $961 | $3,195 |
| River Park 2 Bedroom Apartments | $1,999 | $1,157 | $3,665 |
| River Park 3 Bedroom Apartments | $2,674 | $1,635 | $3,601 |
Browse Apartments in this Neighborhood
There are currently 12 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 Franklin Meadows Senior priced from $803. Franklin Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,249. Here are the most affordable River Park apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Meadows Senior | 1/1 | 1BR,1BA | $803 |
| Franklin Park | 1BR/1.0BA | 1BR,1BA | $1,249 |
| Riverwood Estates Apartments | Sunstone | 1BR,1BA | $1,320 |
| Ryan Green Apartments | Summit | 2BR,2BA | $1,379 |
| Wood Creek Apartments | One Bedroom | 1BR,1BA | $1,411 |
Best Value Apartments for Rent in River Park, WI
As of April 30, 2026 the best value apartment in the River Park area is the $1.73 price per square foot Tayber Model at Residences at Oak View in the in the River Park neighborhood starting from $2,950. The second greatest value River Park apartment is the Ventana 2 BR 1 Bath Model at Springbrook Cercle starting at $1,900 with a $1.53 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 | Tayber | 3BR,2.5BA | $1.73 |
| Springbrook Cercle | Ventana 2 BR 1 Bath | 2BR,1BA | $1.53 |
| Centennial Park Apartments | Arbors Addition - 2 Bed, 2 Bath | 2BR,2BA | $1.58 |
| Statesman Apartments | Thatcher | 2BR,2BA | $1.68 |
| Root River Apartments | 3BR 1.5 BA | 3BR,1.5BA | $1.41 |
| Brandywood Apartments | 8900-303 APRIL < 1ST MONTHS RENT ONLY! $500> | 3BR,1BA | $1.38 |
| Wood Creek Apartments | One Bedroom | 1BR,1BA | $1.73 |
| Riverwood Estates Apartments | Sunstone | 1BR,1BA | $1.67 |
| Oak Shores Apartments | One Bedroom Traditional | 1BR,1BA | $1.76 |
| Franklin Meadows Senior | 1/1 | 1BR,1BA | $1.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 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 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.
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.
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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
How much is rent for a Cheap One Bedroom River Park Apartment?
The lowest price for a Cheap One Bedroom River Park Apartment is $803 at Franklin Meadows Senior.
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 $1,451 at Ryan Green 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 $1,635.
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
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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.
Articles, How-To's, and Tips
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.