Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $496 (87 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
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.

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

Read Article
close
View Me
4148 N 24th Pl, Unit Upper
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

4148 N 24th Pl, Unit Upper

4148 N 24th PlMilwaukee, WI 53209
Affordability
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
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

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

Read Article
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
Northshore Apartments
Studio to 2 Bedroom Apartments

Northshore Apartments

4001-4015 N Oakland AveMilwaukee, 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
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
Student Housing
  • Utilities Included

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

Read Article
close
View Me
Florist Gardens
1 to 2 Bedroom Apartments

Florist Gardens

3402-3426 W Florist AveMilwaukee, WI 53209
Senior Living
  • Utilities Included
close
View Me
4661 N 36th St
2 to 3 Bedroom Apartments

4661 N 36th St

4661 N 36th StMilwaukee, WI 53209
close
View Me
3825 N Oakland Ave
1 Bedroom Apartments

3825 N Oakland Ave

3825 N Oakland AveMilwaukee, WI 53211
Student Housing
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 4603 N 29th St - 6 unit priced from $695. 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 ListingModel NameBed/BathPriced From
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$695
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
Charming Move in Ready 1BR APT1BR/1.0BA1BR,1BA$750
3866 N Port Washington Rd. - 8 Unit2BR/1.0BA2BR,1BA$845
Glen Courts ApartmentsOne Bedroom1BR,1BA$860
Florist Gardens2/22BR,1BA$875
Park Village ApartmentsStudio*Studio,1BA$935
Edison School Apartments1 Bedroom 1 Bath1BR,1BA$938
River Rise Apartments1 Bedroom Apartment1BR,1BA$950

Best Value Apartments for Rent in Milwaukee River Parkway, WI

As of August 24, 2026 the best value apartment in the Milwaukee River Parkway area is the $0.47 price per square foot 3758 N 41st St Model at 3758 N 41st St, Unit 1 in the in the Grasslyn Manor neighborhood starting from $1,000. The second greatest value Milwaukee River Parkway apartment is the 2 Bedroom, 2 Bath Model at Bay Village Townhomes starting at $1,700 with a $1.26 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.
3758 N 41st St, Unit 13758 N 41st St2BR,1BA$0.47
Bay Village Townhomes2 Bedroom, 2 Bath2BR,2BA$1.26
4148 N 24th Pl, Unit Upper4148 N 24th Pl2BR,1BA$1.17
Bishops Creek Family Housing3x1.53BR,1.5BA$1.41
Parkside Commons Senior ApartmentsTwo Bedroom2BR,1BA$1.32
Florist Gardens2/22BR,1BA$1.07
Edison School Apartments1 Bedroom 1 Bath1BR,1BA$1.23
3866 N Port Washington Rd. - 8 Unit2BR/1.0BA2BR,1BA$1.13
River Rise Apartments1 Bedroom Apartment1BR,1BA$1.32
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$1.16

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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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

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 the price of a cheap apartment in Milwaukee River Parkway?

The cheapest apartment in Milwaukee River Parkway is 4603 N 29th St - 6 unit which is listed at $695, while the average apartment in Milwaukee River Parkway costs $1,740.

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 14 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 $137 which is $1,603 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.

Helpful Local Expert Guides

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.