
Cheap Apartments for Rent in the Park Place Neighborhood of Milwaukee, WI from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Milwaukee.


8626 N 106th St
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.
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.

N88W14750 Main St, Unit Menomonee Falls Studios

Alta Mira II Senior Apartments
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.
Park Place, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place Studio Apartments | $1,050 | $675 | $1,425 |
| Park Place 1 Bedroom Apartments | $1,540 | $622 | $3,715 |
| Park Place 2 Bedroom Apartments | $2,201 | $950 | $5,495 |
| Park Place 3 Bedroom Apartments | $1,437 | $1,350 | $1,568 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Milwaukee, WI.
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Park Place, Milwaukee, WI Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Milwaukee, WI is a 1 Bed unit found at Meetinghouse priced from $960. St. James Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable Park Place apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meetinghouse | One Bedroom | 1BR,1BA | $960 |
| St. James Place | A1 | 1BR,1BA | $1,180 |
| Sunset Ridge | Haven B | 1BR,1BA | $1,235 |
| 9401 W Calumet Rd | 2 Beds, 1.5 baths | 2BR,1BA | $1,350 |
| Trillium Terrace Apartments | Two Bedroom Two Bath | 2BR,2BA | $1,389 |
Best Value Apartments for Rent in Park Place, WI
As of December 27, 2025 the best value apartment in the Park Place area is the $1.81 price per square foot D3 Model at Tennessen Flats in the in the Park Knoll neighborhood starting from $2,395. The second greatest value Park Place apartment is the B3 Remodel Model at St. James Place starting at $2,100 with a $1.98 price per square foot in the River View neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tennessen Flats | D3 | 2BR,2BA | $1.81 |
| St. James Place | B3 Remodel | 2BR,2BA | $1.98 |
| Meetinghouse | Two Bedroom | 2BR,2BA | $1.52 |
| Jade at North Hills | G-100 | 1BR,1BA | $1.96 |
| Arbor Ridge | Sapphire | 1BR,1BA | $1.80 |
| Sunset Ridge | Haven B | 1BR,1BA | $1.65 |
| The Woodlands Apartments | B1 | 1BR,1BA | $2.01 |
| N88W14750 Main St, Unit Menomonee Falls Studios | N88W14750 Main St | Studio ,1BA | $1.35 |
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.
Pet Friendly LifestylePark Place, Milwaukee, WI
Ranked #175
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Park Place Apartments
What is the price of a cheap apartment in Park Place?
The cheapest apartment in Park Place is Meetinghouse which is listed at $960, while the average apartment in Park Place costs $2,030.
What types of apartments are the cheapest in Park Place?
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 2 regular apartments in Park Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.










