Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $300 (113 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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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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property at 937 N 37th St

937 N 37th St

MilwaukeeWI53208

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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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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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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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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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
708-714 N 26th St/2532-2534 W Wisconsin Ave. (17 Units)0BR/1.0BAStudio,1BA$695
Marquee CommunitiesStudioStudio,1BA$705
Johnson Legacy East ApartmentsStudioStudio,1BA$725
Tioga ApartmentsCorner StudioStudio,1BA$725
2448 W Killbourn St1BR/1.0BA1BR,1BA$745
University Crossing IIStudioStudio,1BA$755
Himount GardensEfficiency StudioStudio,1BA$800

Best Value Apartments for Rent in Merrill Park, WI

As of November 30, 2025 the best value apartment in the Merrill Park area is the $0.98 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 $1,475. The second greatest value Merrill Park apartment is the 3 Bed 1 Bath Model at University Row starting at $1,195 with a $0.83 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$0.98
University Row3 Bed 1 Bath3BR,1BA$0.83
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.02
Meadow Village3 bedroom3BR,2BA$1.36
Grand Avenue Lofts3x23BR,2BA$1.00
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.30
Michigan Street CommonsThe Wisconsin2BR,2BA$1.30
Schuster Historic LoftsStudioStudio ,1BA$1.07
4611 W National AveStudiosStudio ,1BA$1.38
2448 W Killbourn St1BR/1.0BA1BR,1BA$1.30

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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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!

Getting Around the Merrill Park Neighborhood in Milwaukee, WI

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $800.

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 38 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 $289 which is $8,711 cheaper than the average rent for all rentals in Merrill Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.