Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $300 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Merrill Park area of Milwaukee.

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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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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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
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3118-3124 W Wells St
Studio to 3 Bedroom Apartments

3118-3124 W Wells St

3118-3124 W Wells StMilwaukee, WI 53208
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Valley Square Apartments
Studio to 1 Bedroom Apartments

Valley Square Apartments

3808 W Wisconsin AveMilwaukee, WI 53208
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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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3030-3032 W Pierce St
Studio to 1 Bedroom Apartments

3030-3032 W Pierce St

3030-3032 W Pierce StMilwaukee, WI 53215
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Kilbourn Apartments
Studio to 2 Bedroom Apartments

Kilbourn Apartments

2835 W Kilbourn AveMilwaukee, WI 53208
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The Griot Apartments
1 to 3 Bedroom Apartments

The Griot Apartments

2235 N Vel R. Phillips AveMilwaukee, WI 53212
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Gilman Building
Studio to 1 Bedroom Apartments

Gilman Building

1621-1633 W Wells StMilwaukee, WI 53233
Student Housing
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Kilbourn Apartments
Studio to 2 Bedroom Apartments

Kilbourn Apartments

836 N 20th StMilwaukee, WI 53233
Student Housing
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Villages Apartments
Studio to 1 Bedroom Apartments

Villages Apartments

2803 W Kilbourn AveMilwaukee, WI 53208
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28 West Apartments List
Studio to 2 Bedroom Apartments

28 West Apartments List

2841 W Highland BlvdMilwaukee, WI 53208
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3110 W Wells St
1 Bedroom Apartments

3110 W Wells St

3110 W Wells StMilwaukee, WI 53208
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2518 Apartments
Studio to 2 Bedroom Apartments

2518 Apartments

2518 W Wisconsin AveMilwaukee, WI 53233
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Franklin Arms Apartments
Studio to 2 Bedroom Apartments

Franklin Arms Apartments

3120-3128 W Wisconsin AveMilwaukee, WI 53208
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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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Wyngate Apartments
Studio to 1 Bedroom Apartments

Wyngate Apartments

3006-3014 W Pierce StMilwaukee, WI 53215
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City Square Apartments
Studio to 3 Bedroom Apartments

City Square Apartments

3210 W Wells StMilwaukee, WI 53208
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West Park Apartments
Studio to 2 Bedroom Apartments

West Park Apartments

4250 W Highland BlvdMilwaukee, WI 53208
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Boulevard Apartments
Studio to 2 Bedroom Apartments

Boulevard Apartments

2830 W Highland BlvdMilwaukee, WI 53208
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Lisbon Adlon Apartments
Studio to 2 Bedroom Apartments

Lisbon Adlon Apartments

4315 W Lisbon AveMilwaukee, WI 53208
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Clarke Square Terrace (55+)
Studio to 2 Bedroom Apartments

Clarke Square Terrace (55+)

1740 W Pierce StMilwaukee, WI 53204
Senior Living
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Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204
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1608 S 23rd St
1 Bedroom Apartments

1608 S 23rd St

1608 S 23rd StMilwaukee, WI 53204
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Merrill Park, Milwaukee, WI Local Guide

Cheapest Available Merrill Park Apartments for Rent

 

The cheapest available apartment rental in the Merrill Park area of Milwaukee, WI is a 1 Bed unit found at Schuster Historic Lofts priced from $486. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Merrill Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Schuster Historic LoftsOne Bedroom1BR,1BA$486
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
Tioga ApartmentsStudioStudio,1BA$750
University Crossing IIStudioStudio,1BA$755
5302 W Burnham St. 6 Unit1BR/1.0BA1BR,1BA$795
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Johnson Legacy WestStudioStudio,1BA$805
4611 W National AveStudiosStudio,1BA$825

Best Value Apartments for Rent in Merrill Park, WI

As of January 18, 2026 the best value apartment in the Merrill Park area is the $0.39 price per square foot 240 N 34th St Model at 240 N 34th St in the in the Haymarket neighborhood starting from $735. The second greatest value Merrill Park apartment is the 6011 W Lapham St Model at 6011 W Lapham St, Unit upper starting at $1,575 with a $1.05 price per square foot in the National Park neighborhood. Here is today’s list of the best values for Merrill Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
240 N 34th St240 N 34th St1BR,1BA$0.39
6011 W Lapham St, Unit upper6011 W Lapham St3BR,1BA$1.05
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
University Row3 Bed 1 Bath3BR,1BA$0.83
4552 W Wells St, Unit 64552 W Wells St2BR,1BA$0.98
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
2327 N 14th St, Unit Upper2327 N 14th St2BR,1BA$1.05
Grand Avenue Lofts2x1A2BR,1BA$1.14
The Berkshire Senior LivingUnit E2BR,2BA$1.17
Schuster Historic LoftsStudioStudio ,1BA$1.07

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
Merrill Park, Milwaukee, WI

Ranked #48

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Merrill Park, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for South Central Milwaukee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Merrill Park Apartments

What is a cheap apartment in Merrill Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merrill Park is under $825.

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

The cheapest apartment in Merrill Park is Schuster Historic Lofts which is listed at $486, while the average apartment in Merrill Park costs $9,000.

What types of apartments are the cheapest in Merrill 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 43 regular apartments in Merrill 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 Merrill Park?

Cheap apartments in Merrill Park have an average cost of $370 which is $8,630 cheaper than the average rent for all rentals in Merrill 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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.