Cheap Homes for Rent in Merrill Park Neighborhood of Milwaukee, WI from $500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

Read Article

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.

Read Article
property at 1663 S 6th St

1663 S 6th St

MilwaukeeWI53204

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.

Read Article
Showing Results 1-19, Page 1 of 1

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 $510. 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$510
Becher Terrace (55+)One Bedroom1BR,1BA$655
Johnson Legacy ApartmentsStudioStudio,1BA$725
University Crossing IIStudioStudio,1BA$755
Tioga ApartmentsOne Bedroom1BR,1BA$795

Best Value Apartments for Rent in Merrill Park, WI

As of June 05, 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
1638 N 15th St, Unit 16381638 N 15th St3BR,1BA$1.07
505 N 20th St, Unit 505 N 20th St.505 N 20th St3BR,1BA$1.10
Chapel Garden ApartmentsLifestyle: Senior - 2BR2BR,1BA$1.01
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
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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Merrill Park

What type of rentals are currently available in Merrill Park?

There are currently 625 Apartments for Rent in Merrill Park, WI with pricing that ranges from $350 to $7,070. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrill Park ranging from $595 to $3,800.

What is the current price range for Rental Homes in Merrill Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merrill Park ranges from $595 to $3,800 with an average monthly rent of $1,355.

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.