
Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Park area of Franklin.


Seasons at Franklin

Ryan Green Apartments

Statesman Apartments

6995 S Riverwood Blvd, Unit A03

Franklin Meadows Senior

Park Water Apartments

Forest View Apartments

Parkwood Village Townhomes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

College Court Apartments

Oak Park Apartment Homes

Alpine Meadows

Timber Ridge Apartments

Riverwood Estates Apartments

Wildwood Preserve

Franklin Park

Village In The Park

Springbrook Cercle
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Southfield Apartments

Oak Shores Apartments

Drexel Ridge

Tanglewood Apartments

Wood Creek Apartments

Parterre at Emerald Row

815 W Puetz Rd, Unit 815

Seasons at Orchard Hills

The Gables Apartments
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.

The Oaks at 8100

Total Monthly Price
Prado

Forge and Flare

HUB13

Country Oaks Apartments

The Broadacre Apartments

Brandywood Apartments

Centennial Park Apartments

8852 Jackjay Dr
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.

1300 E Buckwood Dr

211 E Susan Dr

1832-1836 Rawson Ave

College Manor Apartments

The Centennial

1835 Drexel Blvd

Oak Leaf Condominiums

Root River Apartments

Manor Pointe - Senior Independent Living
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.
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 | $1,632 | $1,105 | $2,679 |
| River Park 1 Bedroom Apartments | $1,629 | $961 | $3,134 |
| River Park 2 Bedroom Apartments | $2,061 | $1,157 | $3,991 |
| River Park 3 Bedroom Apartments | $2,898 | $1,795 | $3,783 |
Browse Apartments in this Neighborhood
There are currently 45 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 $841. Alpine Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. 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 | $841 |
| Alpine Meadows | 1 Bed, 1 bath | 1BR,1BA | $1,040 |
| Timber Ridge Apartments | One Bedroom | 1BR,1BA | $1,135 |
| Franklin Park | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Southfield Apartments | Phase 1 - 1 Bed, 1 Bath Cardinal | 1BR,1BA | $1,350 |
| Riverwood Estates Apartments | Sunstone Spiral | 1BR,1BA | $1,430 |
| Wood Creek Apartments | One Bedroom | 1BR,1BA | $1,441 |
| Parterre at Emerald Row | A6 | 1BR,1BA | $1,495 |
| Ryan Green Apartments | Laurel | 1BR,1BA | $1,499 |
| Springbrook Cercle | Northstar 2BR Upper Level | 2BR,2BA | $1,595 |
Best Value Apartments for Rent in River Park, WI
As of July 29, 2026 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 2 BDR 2 BA VIEW Model at The Oaks at 8100 starting at $2,239 with a $1.69 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. |
|---|---|---|---|
| Springbrook Cercle | Watercress 3 Bedroom w/FP | 3BR,2BA | $1.57 |
| The Oaks at 8100 | 2 BDR 2 BA VIEW | 2BR,2BA | $1.69 |
| The Gables Apartments | Breakers | 3BR,2BA | $1.63 |
| Statesman Apartments | Thatcher | 2BR,2BA | $1.69 |
| Brandywood Apartments | 8900-8920 | 3BR,2BA | $1.51 |
| Southfield Apartments | Phase 2 - 2 Bed, 1 Bath Indigo | 2BR,1BA | $1.67 |
| Riverwood Estates Apartments | Sunstone Spiral | 1BR,1BA | $1.50 |
| Wood Creek Apartments | One Bedroom | 1BR,1BA | $1.57 |
| Alpine Meadows | 1 Bed, 1 bath | 1BR,1BA | $1.30 |
| Franklin Meadows Senior | 1/1 | 1BR,1BA | $1.49 |
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
Southwood Glen 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 $841 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 $1,235 at Alpine Meadows.
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 $1,795.
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

An Insider's 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.

A Local Expert's 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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.