Cheap Apartments for Rent in the River Park Neighborhood of Franklin, WI from $600 (14 Rentals)

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Park Water Apartments
1 to 3 Bedroom Apartments

Park Water Apartments

6594 S 35th StFranklin, WI 53132
  • Utilities Included

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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1832-1836 Rawson Ave
1 Bedroom Apartments

1832-1836 Rawson Ave

1832-1836 Rawson AveSouth Milwaukee, WI 53172
  • Utilities Included
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College Manor Apartments
1 to 3 Bedroom Apartments

College Manor Apartments

2100-2200 W College AveMilwaukee, WI 53221
  • Utilities Included
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The Centennial
1 to 2 Bedroom Apartments

The Centennial

400 E Centennial DrOak Creek, WI 53154
Senior Living
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1835 Drexel Blvd
2 Bedroom Apartments

1835 Drexel Blvd

1835 Drexel BlvdSouth Milwaukee, WI 53172
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Clare Meadows Senior ApartmentsD1BR,1BA$915
Ryan Green ApartmentsLaurel1BR,1BA$1,196
Timber Ridge ApartmentsTwo Bedroom2BR,1BA$1,235
Village In The ParkTwo Bedroom2BR,1BA$1,285
College Court ApartmentsTwo Bedroom Upper2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Springbrook CercleWatercress 3 Bedroom w/FP3BR,2BA$1.57
Centennial Park ApartmentsArbors Addition - 2 Bed, 2 Bath2BR,2BA$1.54
Brandywood Apartments8900-308 MID DEC 20253BR,2BA$1.43
Wood Creek ApartmentsTwo Bedroom - Attached Garage2BR,1.5BA$1.50
Southfield ApartmentsPhase 3 - 2 Bed, 1 Bath + Den Upper2BR,1BA$1.60
College Court ApartmentsTwo Bedroom Upper2BR,1.5BA$1.24
Franklin Park2BR/1.5BA2BR,1.5BA$1.47
Village In The ParkTwo Bedroom2BR,1BA$1.35
Ryan Green ApartmentsLaurel1BR,1BA$1.53
Clare Meadows Senior ApartmentsD1BR,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.

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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.

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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.

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Pet Friendly Lifestyle
River Park, Franklin, WI

Ranked #1

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.