Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $300 (156 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Merrill Park 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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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

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

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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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Showing Results 1-50, Page 1 of 4

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
University Crossing IIStudioStudio,1BA$755
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Johnson Legacy WestStudioStudio,1BA$805
Tioga ApartmentsStudioStudio,1BA$850
Johnson Legacy East Apartments1 Bedroom1BR,1BA$875
Columbia Square1 Bed, 1 bath1BR,1BA$900
Valley Forge Apartments1BR/1.0BA1BR,1BA$925

Best Value Apartments for Rent in Merrill Park, WI

As of April 28, 2026 the best value apartment in the Merrill Park area is the $0.93 price per square foot 6011 W Lapham St Model at 6011 W Lapham St, Unit upper in the in the National Park neighborhood starting from $1,400. The second greatest value Merrill Park apartment is the 3 Bed 1 Bath Model at University Row starting at $1,250 with a $0.87 price per square foot in the Haymarket 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.
6011 W Lapham St, Unit upper6011 W Lapham St3BR,1BA$0.93
University Row3 Bed 1 Bath3BR,1BA$0.87
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
The Berkshire Senior LivingUnit E2BR,2BA$1.17
3521 W Highland Blvd, Unit lowerunit3521 W Highland Blvd2BR,1BA$1.35
2407 N 6th St, Unit Rear Lower Unit2407 N 6th St2BR,1BA$1.23
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.30
Schuster Historic LoftsStudioStudio ,1BA$1.07
Valley Forge Apartments1BR/1.0BA1BR,1BA$1.21
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$1.19

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
Merrill Park, Milwaukee, WI

Ranked #45

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 $925.

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 $1,875.

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 36 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 $620 which is $1,255 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

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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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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.

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

A Local Experts 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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.