
Cheap Apartments for Rent in the Park Place Neighborhood of Milwaukee, WI from $490 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Milwaukee.


Total Monthly Price
GARDEN TERRACE SENIOR APARTMENTS

Parkview Apartments

9324-9420 W Brown Deer Rd

Greenbrook Place Apartments

8910-8920 N Michele St
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
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Mariners Pointe Apartments

6320-6330 N 91st St

10300 W Dean Rd

N88 W14822 Main St

Meadow Lane Apartments

Alta Mira II Senior Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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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 | $1,261 | $774 | $1,545 |
| Park Place 1 Bedroom Apartments | $1,529 | $490 | $2,297 |
| Park Place 2 Bedroom Apartments | $2,040 | $875 | $4,215 |
| Park Place 3 Bedroom Apartments | $1,462 | $1,325 | $1,568 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Milwaukee, WI.
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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 Studio unit found at GARDEN TERRACE SENIOR APARTMENTS priced from $774. Meetinghouse has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Park Place apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| GARDEN TERRACE SENIOR APARTMENTS | Studio | Studio, 1BA | $774 |
| Meetinghouse | One Bedroom | 1BR, 1BA | $1,165 |
| 10500 W Fond Du Lac Ave. (12 Unit) | 2BR/1.0BA | 2BR, 1BA | $1,195 |
| Hunter's Ridge Apartments | 1 Bed - 1 Bath (Deluxe) | 1BR, 1BA | $1,200 |
| Sunset Ridge Apartments | 1BR/1.0BA | 1BR, 1BA | $1,350 |
Best Value Apartments for Rent in Park Place, WI
As of September 22, 2026 the best value apartment in the Park Place area is the $1.34 price per square foot 2 Beds, 1 Baths Model at 7452 N Granville Rd in the River View neighborhood starting from $1,395. The second greatest value Park Place apartment is the 2 Bed - 1 Bath Model at Hunter's Ridge Apartments in the North Granville neighborhood starting at $1,375 with a $1.38 price per square foot. 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. |
|---|---|---|---|
| 7452 N Granville Rd | 2 Beds, 1 Baths | 2BR, 1BA | $1.34 |
| Hunter's Ridge Apartments | 2 Bed - 1 Bath | 2BR, 1BA | $1.38 |
| Tennessen Flats | C1 | 1BR, 1BA | $2.18 |
| 10500 W Fond Du Lac Ave. (12 Unit) | 2BR/1.0BA | 2BR, 1BA | $1.49 |
| The Woodlands | B3 | 1BR, 1BA | $2.04 |
| Sunset Ridge Apartments | 1BR/1.0BA | 1BR, 1BA | $1.80 |
| Meetinghouse | One Bedroom | 1BR, 1BA | $1.65 |
| GARDEN TERRACE SENIOR APARTMENTS | Studio | Studio, 1BA | $1.24 |
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 $1,165, while the average apartment in Park Place costs $1,587.
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 5 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.
Helpful Local Expert Guides

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.

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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.

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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.

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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

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

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.