Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $400 (56 Rentals)

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

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

close
View Me
4446 N 28th St
Studio to 2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
  • Utilities Included
close
View Me
Pine Tree Apartments
1 Bedroom Apartments

Pine Tree Apartments

4903 N 39th StMilwaukee, WI 53209
  • Utilities Included
close
View Me
Sherman Gardens Apt.
1 to 2 Bedroom Apartments

Sherman Gardens Apt.

5940 N Sherman BlvdMilwaukee, WI 53209
  • Utilities Included
close
View Me
Continental House
1 to 3 Bedroom Apartments

Continental House

5301 N Teutonia AveMilwaukee, WI 53209
  • Utilities Included
close
View Me
3825 N Oakland Ave
1 to 3 Bedroom Apartments

3825 N Oakland Ave

3825 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
close
View Me
Estelle Apartments
Studio to 2 Bedroom Apartments

Estelle Apartments

4455 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
close
View Me
1320 E Capitol Dr
1 to 3 Bedroom Apartments

1320 E Capitol Dr

1320 E Capitol DrMilwaukee, WI 53211
  • Utilities Included
close
View Me
1420 E Capitol
1 to 2 Bedroom Apartments

1420 E Capitol

1420 E Capitol DrMilwaukee, WI 53211
  • Utilities Included
close
View Me
Northshore Apartments
Studio to 2 Bedroom Apartments

Northshore Apartments

4001-4015 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
close
View Me
1428 E Capitol Dr
1 Bedroom Apartments

1428 E Capitol Dr

1428 E Capitol DrMilwaukee, WI 53211
  • Utilities Included
close
View Me
3819 N Oakland Ave
1 Bedroom Apartments

3819 N Oakland Ave

3819 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
close
View Me
Riverwest Terrace
Studio to 2 Bedroom Apartments

Riverwest Terrace

1230 E Singer CirMilwaukee, WI 53212
  • Utilities Included
close
View Me
3827 N Humboldt Blvd
1 Bedroom Apartments

3827 N Humboldt Blvd

3827-3829 N Humboldt BlvdMilwaukee, WI 53212
  • Utilities Included
close
View Me
Florist Gardens
1 to 2 Bedroom Apartments

Florist Gardens

3402-3426 W Florist AveMilwaukee, WI 53209
close
View Me
425 E Henry Clay St
2 Bedroom Apartments

425 E Henry Clay St

425 E Henry Clay StMilwaukee, WI 53217
  • Utilities Included
close
View Me
Stratford Apartments
1 to 2 Bedroom Apartments

Stratford Apartments

4221 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
close
View Me
4272 N Wilson
1 to 2 Bedroom Apartments

4272 N Wilson

4272 N Wilson DrShorewood, WI 53211
  • Utilities Included
close
View Me
1714 E Beverly Rd
1 Bedroom Apartments

1714 E Beverly Rd

1714 E Beverly RdShorewood, WI 53211
  • Utilities Included
close
View Me
Bay Manor
1 to 3 Bedroom Apartments

Bay Manor

125 W Silver Spring DrWhitefish Bay, WI 53217
  • Utilities Included
close
View Me
Ardmore Terrace
1 to 2 Bedroom Apartments

Ardmore Terrace

4012-4046 N Wilson DrShorewood, WI 53211
close
View Me
Bay Colony I
2 Bedroom Apartments

Bay Colony I

189 E Fairmount AveWhitefish Bay, WI 53217

Milwaukee River Parkway, Milwaukee, WI Local Guide

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 Parkside Commons Senior Apartments priced from $698. Glen Courts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here are the most affordable Milwaukee River Parkway apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
Glen Courts ApartmentsOne Bedroom1BR,1BA$860
Florist Gardens1/11BR,1BA$899
Ardmore Terrace1bd 1ba1BR,1BA$950
Silver Creek Village 55+ Senior ApartmentsOne Bedroom - Income Restricted1BR,1BA$990
Park Village ApartmentsStudio*Studio,1BA$999
Edison School Apartments2Bd/1Bth2BR,1BA$1,036
Diversey ManorStudioStudio,1BA$1,079
512-524 E Henry Clay St - 12 Family2BR/1.0BA2BR,1BA$1,100
Glen Hills Apartments1 Bedroom (649 sq ft)1BR,1BA$1,306

Best Value Apartments for Rent in Milwaukee River Parkway, WI

As of September 20, 2025 the best value apartment in the Milwaukee River Parkway area is the $0.93 price per square foot 2 bed 1.5 bath Model at Mill Gardens in the in the Hampton Heights neighborhood starting from $1,495. The second greatest value Milwaukee River Parkway apartment is the 2bd Model at Clayton Park Townhouses starting at $2,200 with a $1.57 price per square foot in the Estabrook Park neighborhood. Here is today’s list of the best values for Milwaukee River Parkway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mill Gardens2 bed 1.5 bath2BR,1.5BA$0.93
Clayton Park Townhouses2bd2BR,1BA$1.57
Coventry2 Bed 2 Bath Corner (2B2C)2BR,2BA$1.55
5155 N 28th St, Unit Quadplex lower unit5155 N 28th St2BR,1BA$1.17
512-524 E Henry Clay St - 12 Family2BR/1.0BA2BR,1BA$1.10
Edison School Apartments2Bd/1Bth2BR,1BA$1.15
Parkside Commons Senior ApartmentsTwo Bedroom2BR,1BA$1.32
Silver Creek Village 55+ Senior ApartmentsOne Bedroom1BR,1BA$1.38
Florist Gardens1/11BR,1BA$1.47
Glen Courts ApartmentsOne Bedroom1BR,1BA$1.43

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

Pet Friendly Lifestyle
Milwaukee River Parkway, Milwaukee, WI

Ranked #72

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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.

Getting Around the Milwaukee River Parkway Neighborhood in Milwaukee, WI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

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 $1,306.

What is the price of a cheap apartment in Milwaukee River Parkway?

The cheapest apartment in Milwaukee River Parkway is Parkside Commons Senior Apartments which is listed at $698, while the average apartment in Milwaukee River Parkway costs $3,450.

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 15 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 $3,321 cheaper than the average rent for all rentals in Milwaukee River Parkway.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.