Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $300 (115 Rentals)

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

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.

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.

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.

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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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
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Schuster Lofts
Studio to 1 Bedroom Apartments

Schuster Lofts

1670 S 11th StMilwaukee, WI 53204
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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
  • Utilities Included

Merrill Park - One of the Best Affordable Neighborhoods in Milwaukee

Named as one of the Best Affordable Neighborhoods to rent in Milwaukee by our Local Expert Tim Brown. See how it ranks!

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 Chapel Garden Apartments priced from $523. Becher Terrace (55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here are the most affordable Merrill Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$523
Becher Terrace (55+)One Bedroom1BR,1BA$655
Johnson Legacy ApartmentsStudioStudio,1BA$725
University Crossing IIStudioStudio,1BA$755
Tioga ApartmentsOne Bedroom1BR,1BA$795
Burnham Hill ApartmentsOne Bedroom1BR,1BA$825
Himount GardensStudioStudio,1BA$830
Valley Forge1BR/1.0BA1BR,1BA$875
700 LoftsOne Bedroom 50%1BR,1BA$945

Best Value Apartments for Rent in Merrill Park, WI

As of June 12, 2025 the best value apartment in the Merrill Park area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Merrill Park apartment is the 2Bd/1Bth Model at McKinley School Apartments, LLC starting at $948 with a $0.63 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.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
6101 W Vliet St2 BR 1 BA2BR,1BA$1.20
Seven04 Place Apartments50% 2 Bed 1 Bath2BR,1BA$1.24
3722 W Dorothy Pl, Unit 13722 W Dorothy Pl2BR,1BA$1.22
1945 N 5th St, Unit 41945 N 5th St1BR,1BA$0.92
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.19
Valley Forge1BR/1.0BA1BR,1BA$1.15
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$0.71
Becher Terrace (55+)One Bedroom1BR,1BA$0.94

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 #70

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $945.

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

The cheapest apartment in Merrill Park is Chapel Garden Apartments which is listed at $523, while the average apartment in Merrill Park costs $1,900.

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 20 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 $297 which is $1,603 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.