Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $394 (158 Rentals)

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

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

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property at 1724 N 24th St
$860 - $995
Studio To 2 Bedroom Rentals
Available Now
Affordability

1724 N 24th St

MilwaukeeWI53205

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

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property at 2334 W National Ave
$900 - $1,100
2 To 3 Bedroom Rentals
Available Now
Affordability

2334 W National Ave

MilwaukeeWI53204
property at 612 W Wisconsin Ave
$945

Total Monthly Price

Base Rent$945
Total Monthly Price$945
Studio, 1 Bath Condo for Rent
Available Now
Affordability

612 W Wisconsin Ave, Unit 2

612 W Wisconsin Ave
MilwaukeeWI53203

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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property at 600 W Rogers St
$850 - $995
1 Bedroom Rentals
Available Now
Affordability

600 W Rogers St

MilwaukeeWI53204

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.

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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 Studio unit found at University Crossing I priced from $685. McGuire Flats has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Merrill Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
Marquee CommunitiesStudioStudio,1BA$705
1320 S 26th St. (8 unit)1BR/1.0BA1BR,1BA$745
816 W. Greenfield Ave. - 19 Unit1BR/1.0BA1BR,1BA$750
University Crossing IIStudioStudio,1BA$755
Johnson Legacy East ApartmentsStudioStudio,1BA$800
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Historic Lofts on KilbournOne Bedroom1BR,1BA$833
1305-1311 W Madison St1 Beds, 1 Baths1BR,1BA$850

Best Value Apartments for Rent in Merrill Park, WI

As of September 11, 2026 the best value apartment in the Merrill Park area is the $0.68 price per square foot 1844 N 59th St Model at 1844 N 59th St, Unit 1844 N 59th St in the in the Grasslyn Manor neighborhood starting from $1,350. The second greatest value Merrill Park apartment is the 3744 W Miller Ln Model at 3744 W Miller Ln, Unit 3744 w Miller Ln Upper starting at $1,500 with a $0.83 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.
1844 N 59th St, Unit 1844 N 59th St1844 N 59th St2BR,1.5BA$0.68
3744 W Miller Ln, Unit 3744 w Miller Ln Upper3744 W Miller Ln3BR,1BA$0.83
6009 W Lapham St, Unit 60096009 W Lapham St3BR,1BA$0.92
University Row3 Bed 1 Bath3BR,1BA$0.87
1231 S 12th St, Unit 1231 S 12th St (Lower)1231 S 12th St3BR,1BA$1.00
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.01
Columbia Square2 bedroom2BR,2BA$0.84
1134 N 44th St, Unit Lower1134 N 44th St2BR,1BA$1.00
816 W. Greenfield Ave. - 19 Unit2BR/1.0BA2BR,1BA$1.03
Historic Lofts on KilbournOne Bedroom1BR,1BA$1.04

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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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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Real 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.

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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 #47

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 $850.

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

The cheapest apartment in Merrill Park is 1320 S 26th St. (8 unit) which is listed at $745, while the average apartment in Merrill Park costs $1,498.

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 48 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 $285 which is $1,213 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.

Helpful Local Expert Guides

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

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

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.

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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.

Articles, How-To's, and Tips

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.