Cheap Apartments for Rent in the Park Place Neighborhood of Milwaukee, WI from $400 (14 Rentals)

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

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Parkview Apartments
2 Bedroom Apartments

Parkview Apartments

9905-9931 W Fond Du Lac AveMilwaukee, WI 53224
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8910-8920 N Michele St
2 Bedroom Apartments

8910-8920 N Michele St

8910-8920 N Michele StMilwaukee, WI 53224
  • Utilities Included

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.

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6320-6330 N 91st St
2 Bedroom Apartments

6320-6330 N 91st St

6320-6330 N 91st StMilwaukee, WI 53225
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10300 W Dean Rd
2 Bedroom Apartments

10300 W Dean Rd

10300-10320 W Dean RdMilwaukee, WI 53224
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N88 W14822 Main St
Studio Apartments

N88 W14822 Main St

N88 W14822 Main StMenomonee Falls, WI 53051
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Meadow Lane Apartments
1 Bedroom Apartments

Meadow Lane Apartments

N82W13240 Fond du Lac AveMenomonee Falls, WI 53051
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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

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 Garden Place (55+) priced from $490. GARDEN TERRACE SENIOR APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $622. Here are the most affordable Park Place apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Garden Place (55+)One Bedroom - Income Restricted1BR,1BA$490
GARDEN TERRACE SENIOR APARTMENTS1 BED 1 BATH1BR,1BA$622
MeetinghouseOne Bedroom1BR,1BA$960
Northwoods Apartments2 Bed 1 Bath2BR,1BA$1,095
St. James PlaceA11BR,1BA$1,265

Best Value Apartments for Rent in Park Place, WI

As of July 22, 2025 the best value apartment in the Park Place area is the $1.09 price per square foot Three Bedroom 2 bathroom Model at Trillium Terrace Apartments in the in the North Granville neighborhood starting from $1,769. The second greatest value Park Place apartment is the D1 Model at The Woodlands Apartments starting at $1,775 with a $1.65 price per square foot in the Park Knoll neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trillium Terrace ApartmentsThree Bedroom 2 bathroom3BR,2BA$1.09
The Woodlands ApartmentsD12BR,2BA$1.65
MeetinghouseTwo Bedroom2BR,2BA$1.69
Northwoods Apartments2 Bed 1 Bath2BR,1BA$1.22
Tennessen FlatsC11BR,1BA$2.00
Jade at North HillsB21BR,1BA$2.03
St. James PlaceA2 Remodel1BR,1BA$2.21
GARDEN TERRACE SENIOR APARTMENTS1 BED 1 BATH1BR,1BA$0.86
Garden Place (55+)One Bedroom - Income Restricted1BR,1BA$0.72
N88W14750 Main St, Unit Menomonee Falls StudiosN88W14750 Main StStudio ,1BA$1.69

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Pet Friendly Lifestyle
Park Place, Milwaukee, WI

Ranked #148

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Park Place Neighborhood in Milwaukee, WI

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

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 Garden Place (55+) which is listed at $490, while the average apartment in Park Place costs $1,995.

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 3 regular apartments in Park Place 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 Park Place?

Cheap apartments in Park Place have an average cost of $224 which is $1,771 cheaper than the average rent for all rentals in Park Place.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.