Cheap Studio Apartments for Rent in the Lake Park Neighborhood of Milwaukee, WI from $720 (47 Rentals)

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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.

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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1819 N Cambridge Ave
Studio Apartments

1819 N Cambridge Ave

1819 N Cambridge AveMilwaukee, WI 53202
  • Utilities Included
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2583 N Murray
Studio Apartments

2583 N Murray

2583 N MurrayMilwaukee, WI 53211
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Franklin House
Studio Apartments

Franklin House

1333 N Franklin PlMilwaukee, WI 53202
  • 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.

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Pleasant Apartments
Studio Apartments

Pleasant Apartments

1126 E Pleasant StMilwaukee, WI 53202
  • Utilities Included
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Franklin Manor
Studio Apartments

Franklin Manor

1621 N Franklin PlMilwaukee, WI 53202
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Humboldt Apartments
Studio Apartments

Humboldt Apartments

1534 N Humboldt AveMilwaukee, WI 53202
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1671 N Prospect Ave
Studio Apartments

1671 N Prospect Ave

1671 N Prospect AveMilwaukee, WI 53202
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2632 N Oakland Ave
Studio Apartments

2632 N Oakland Ave

2632 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
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1709 E Park Pl
Studio Apartments

1709 E Park Pl

1709 E Park PlMilwaukee, WI 53211
  • Utilities Included
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2636 N Oakland Ave
Studio Apartments

2636 N Oakland Ave

2636 N Oakland AveMilwaukee, WI 53211
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1026 E Lyon St
Studio Apartments

1026 E Lyon St

1026 E Lyon StMilwaukee, WI 53202
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Ivanhoe
Studio Apartments

Ivanhoe

2009 E Ivanhoe PlMilwaukee, WI 53202
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Prospect Downs
Studio Apartments

Prospect Downs

1653 N Prospect AveMilwaukee, WI 53202
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1622 E Irving Pl
Studio Apartments

1622 E Irving Pl

1622-1632 E Irving PlMilwaukee, WI 53202
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2637 N Cramer St
Studio Apartments

2637 N Cramer St

2637 N Cramer StMilwaukee, WI 53211
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Oakland
Studio Apartments

Oakland

1935 N Oakland AveMilwaukee, WI 53202
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Keystone on Brady
Studio Apartments

Keystone on Brady

1701 N Humboldt AveMilwaukee, WI 53202
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Knickerbocker on the Lake
Studio Apartments

Knickerbocker on the Lake

1028-1030 E Juneau AveMilwaukee, WI 53202
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  • Utilities Included
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Lake Park, Milwaukee, WI Local Guide

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.

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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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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.

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Quick 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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Pet Friendly Lifestyle
Lake Park, Milwaukee, WI

Ranked #30

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 Lake Park Apartments

What is a cheap apartment in Lake Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Park is under $950.

What is the price of a cheap apartment in Lake Park?

The cheapest apartment in Lake Park is Buckingham Apartments which is listed at $725, while the average apartment in Lake Park costs $3,100.

What types of apartments are the cheapest in Lake 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 6 regular apartments in Lake 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 Lake Park?

Cheap apartments in Lake Park have an average cost of $177 which is $2,923 cheaper than the average rent for all rentals in Lake Park.

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.

Articles, How-To's, and Tips

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.