
Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Milwaukee River Parkway area of Milwaukee.


Parkside Commons Senior Apartments

5951 N 37th St

5376 N 35th St

4539 N 30th St

3893 Dr. William Finlayson St

Park Village Apartments

5330 N 39th St

River Rise Apartments

5328 N 35th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4378 N 17th St

Total Monthly Price
3758 N 41st St, Unit 1

4045 N 26th St, Unit lower

2716 W Oriole Dr

6685 N 42nd St, Unit Lower

4446 N 28th St

Pine Tree Apartments

Sherman Gardens Apt.

Roosevelt Garden Apartments

Continental House
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.

Florist Gardens

3825 N Oakland Ave

Estelle Apartments

Bishops Creek Family Housing

1320 E Capitol Dr

4603 N 29th St - 6 unit

Northshore Apartments

3907A N 24th St

1420 E Capitol

1428 E Capitol Dr
Cash 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.

3819 N Oakland Ave

4720 N 37th St. (8 Unit)

3747-49 N 16th St

Riverwest Terrace

5510 N 34th St

3827-3829 N Humboldt Blvd

4661 N 36th St

5226 N 38th

425 E Henry Clay St

3908 N 6th St
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.

Stratford Apartments

4048 N 7th St

5435 N 40th St

5318 N 27th St

318 E Henry Clay St

Glen Courts Apartments

Total Monthly Price
The Lydell

Colonial Court Apartments

Silver Creek Village 55+ Senior Apartments

Diversey Manor
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.
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 | $1,234 | $935 | $2,444 |
| Milwaukee River Parkway 1 Bedroom Apartments | $1,665 | $698 | $4,229 |
| Milwaukee River Parkway 2 Bedroom Apartments | $2,206 | $608 | $5,900 |
| Milwaukee River Parkway 3 Bedroom Apartments | $2,886 | $850 | $6,200 |
| Milwaukee River Parkway 4 Bedroom Apartments | $4,476 | $2,495 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 65 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 Parkside Commons Senior Apartments priced from $698. Bishops Creek Family Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable Milwaukee River Parkway apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Commons Senior Apartments | One Bedroom | 1BR,1BA | $698 |
| Bishops Creek Family Housing | 1x1 | 1BR,1BA | $704 |
| 4720 N 37th St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $845 |
| Glen Courts Apartments | One Bedroom | 1BR,1BA | $860 |
| Park Village Apartments | Studio* | Studio,1BA | $935 |
| River Rise Apartments | 1 Bedroom Apartment | 1BR,1BA | $950 |
| Chateau | One Bedroom | 1BR,1BA | $1,095 |
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,145 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Milwaukee River Parkway, WI
As of July 09, 2026 the best value apartment in the Milwaukee River Parkway area is the $1.58 price per square foot 4 Bed 2 Bath Model at The Mayflower Apartments in the in the Estabrook Park neighborhood starting from $3,950. The second greatest value Milwaukee River Parkway apartment is the 3758 N 41st St Model at 3758 N 41st St, Unit 1 starting at $1,000 with a $0.47 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. |
|---|---|---|---|
| The Mayflower Apartments | 4 Bed 2 Bath | 4BR,2BA | $1.58 |
| 3758 N 41st St, Unit 1 | 3758 N 41st St | 2BR,1BA | $0.47 |
| 4951-4955-4961 N Santa Monica Blvd | Unit 1 | 2BR,1BA | $1.50 |
| Charleston East Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.49 |
| Bishops Creek Family Housing | 2x1 | 2BR,1BA | $1.20 |
| Parkside Commons Senior Apartments | Two Bedroom | 2BR,1BA | $1.32 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.50 |
| River Rise Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.32 |
| Glen Courts Apartments | One Bedroom | 1BR,1BA | $1.43 |
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 ArticleReal 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 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 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 $3,950.
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 13 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 $123 which is $3,827 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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.