
Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Milwaukee River Parkway area of Milwaukee.


Parkside Commons Senior Apartments

3812 W Villard Ave

3739 N 17th St

3935 N 13th St, Unit Lower

4311 N 26th St

River Rise Apartments

4758 N 19th Pl

5135 N 31st St, Unit A

Park Village Apartments
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.

5405-5407-5407 N 37th St

4370 N 28th St, Unit Upper

4446 N 28th St

Pine Tree Apartments

Bishops Creek Family Housing

Sherman Gardens Apt.

Roosevelt Garden Apartments

Continental House

Florist Gardens

3825 N Oakland Ave
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.

4603 N 29th St - 6 unit

Estelle Apartments

1320 E Capitol Dr

1420 E Capitol

Northshore Apartments

1428 E Capitol Dr

3819 N Oakland Ave

4651 N 36th St. (12 unit)(ACE PROPERTY)

Riverwest Terrace

Cozy 1BR in Riverwest $895 – Heat Included | Hardwood Floors | Storage + Laundry
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.

425 E Henry Clay St

Stratford Apartments

Glen Courts Apartments

Colonial Court Apartments

Silver Creek Village 55+ Senior Apartments

5171 N Elkhart Ave

4214 N Wilson Dr, Unit 5

4272 N Wilson

1714 E Beverly Rd

Port Washington Road Apartments
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.

Bay Manor

Ardmore Terrace

Bay Colony I

330 E Clay St

5200 N Santa Monica Blvd

Diversey Manor

Chateau

4244 N Wilson Dr

512-524 E Henry Clay St - 12 Family

800 E Henry Clay St
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.
Milwaukee River Parkway, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Milwaukee River Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milwaukee River Parkway Studio Apartments | $1,437 | $999 | $2,408 |
| Milwaukee River Parkway 1 Bedroom Apartments | $1,690 | $482 | $2,938 |
| Milwaukee River Parkway 2 Bedroom Apartments | $2,302 | $865 | $6,021 |
| Milwaukee River Parkway 3 Bedroom Apartments | $3,216 | $975 | $9,595 |
| Milwaukee River Parkway 4 Bedroom Apartments | $3,000 | $2,200 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Milwaukee River Parkway Neighborhood of Milwaukee, WI.
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Milwaukee River Parkway, Milwaukee, WI Local Guide
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Cheapest Available Milwaukee River Parkway Apartments for Rent
 The cheapest available apartment rental in the Milwaukee River Parkway area of Milwaukee, WI is a 1 Bed unit found at Edison School Apartments priced from $482. Parkside Commons Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $698. Here are the most affordable Milwaukee River Parkway apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $482 |
| Parkside Commons Senior Apartments | One Bedroom | 1BR,1BA | $698 |
| Glen Courts Apartments | One Bedroom | 1BR,1BA | $860 |
| Ardmore Terrace | 1bd 1ba | 1BR,1BA | $925 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom - Income Restricted | 1BR,1BA | $990 |
| Park Village Apartments | Studio* | Studio,1BA | $999 |
| 512-524 E Henry Clay St - 12 Family | 2BR/1.0BA | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Milwaukee River Parkway, WI
As of January 10, 2026 the best value apartment in the Milwaukee River Parkway area is the $0.96 price per square foot 4370 N 28th St Model at 4370 N 28th St, Unit Upper in the in the Grasslyn Manor neighborhood starting from $1,150. The second greatest value Milwaukee River Parkway apartment is the 4900 N 40th St Model at 4900 N 40th St starting at $1,295 with a $1.24 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Milwaukee River Parkway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4370 N 28th St, Unit Upper | 4370 N 28th St | 2BR,1BA | $0.96 |
| 4900 N 40th St | 4900 N 40th St | 3BR,1BA | $1.24 |
| 512-524 E Henry Clay St - 12 Family | 2BR/1.0BA | 2BR,1BA | $1.10 |
| Edison School Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| 3935 N 13th St, Unit Lower | 3935 N 13th St | 2BR,1BA | $0.99 |
| Parkside Commons Senior Apartments | Two Bedroom | 2BR,1BA | $1.32 |
| 4758 N 19th Pl | 4758 N 19th Pl | 2BR,1BA | $1.15 |
| Florist Gardens | 2/2 | 2BR,1BA | $1.38 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1.38 |
| 5135 N 31st St, Unit A | 5135 N 31st St | 3BR,1BA | $1.22 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Milwaukee River Parkway, Milwaukee, WI
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Milwaukee River Parkway Apartments
What is a cheap apartment in Milwaukee River Parkway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Milwaukee River Parkway is under $1,100.
What is the price of a cheap apartment in Milwaukee River Parkway?
The cheapest apartment in Milwaukee River Parkway is Edison School Apartments which is listed at $482, while the average apartment in Milwaukee River Parkway costs $12,000.
What types of apartments are the cheapest in Milwaukee River Parkway?
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 17 regular apartments in Milwaukee River Parkway 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 Milwaukee River Parkway?
Cheap apartments in Milwaukee River Parkway have an average cost of $129 which is $11,871 cheaper than the average rent for all rentals in Milwaukee River Parkway.
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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.