Cheap Apartments for Rent in the Menomonee River Valley Neighborhood of Milwaukee, WI from $400 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Menomonee River Valley area of Milwaukee.

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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3030-3032 W Pierce St
Studio to 1 Bedroom Apartments

3030-3032 W Pierce St

3030-3032 W Pierce StMilwaukee, WI 53215
  • Utilities Included
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Wyngate Apartments
Studio to 1 Bedroom Apartments

Wyngate Apartments

3006-3014 W Pierce StMilwaukee, WI 53215
  • Utilities Included

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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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Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204

Cheapest Available Menomonee River Valley Apartments for Rent

 

The cheapest available apartment rental in the Menomonee River Valley area of Milwaukee, WI is a 1 Bed unit found at Seven04 Place Apartments priced from $941. 1630 W National Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Menomonee River Valley apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$941
1630 W National Ave1 Bed, 1 bath1BR,1BA$950
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1,825

Best Value Apartments for Rent in Menomonee River Valley, WI

As of July 09, 2026 the best value apartment in the Menomonee River Valley area is the $1.89 price per square foot 2 Beds, 2 Baths Model at Mercantile Lofts in the in the Haymarket neighborhood starting from $1,900. The second greatest value Menomonee River Valley apartment is the 50% 1 Bed 1 Bath Model at Seven04 Place Apartments starting at $941 with a $1.61 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Menomonee River Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1.89
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$1.61
Wisconsin Metro Studios - ClybournStudiosStudio ,1BA$2.25

Frequently Asked Questions about Cheap Menomonee River Valley Apartments

What is the price of a cheap apartment in Menomonee River Valley?

The cheapest apartment in Menomonee River Valley is Seven04 Place Apartments which is listed at $941, while the average apartment in Menomonee River Valley costs $1,817.

What types of apartments are the cheapest in Menomonee River Valley?

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 1 regular apartments in Menomonee River Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

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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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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

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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, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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A Local Expert's 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.

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An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

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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

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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.

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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.

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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.

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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.