
Cheap Homes for Rent in Park Place Neighborhood of Milwaukee, WI from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Milwaukee.

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.

8836 N 95th 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.
Park Place, Milwaukee, WI Local Guide

How much does it cost to rent a home in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place 3 Bedroom Homes for Rent | $1,465 | $1,225 | $1,650 |
| Park Place 4 Bedroom Homes for Rent | $2,525 | $1,600 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Milwaukee, WI.
Explore Milwaukee
Best Value Apartments for Rent in Park Place, WI
As of April 26, 2026 the best value apartment in the Park Place area is the $1.81 price per square foot D2 Model at Tennessen Flats in the in the Park Knoll neighborhood starting from $2,315. The second greatest value Park Place apartment is the Amethyst Model at Arbor Ridge starting at $2,005 with a $1.88 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 | D2 | 2BR,2BA | $1.81 |
| Arbor Ridge | Amethyst | 2BR,2BA | $1.88 |
| Village Square Townhomes | Townhomes - REMODELED | 2BR,1.5BA | $1.61 |
| Sunset Ridge Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.45 |
| Hunter's Ridge Apartments | 2 Bed - 1 Bath | 2BR,1BA | $1.38 |
| Meetinghouse | Two Bedroom | 2BR,2BA | $1.57 |
| Jade at North Hills | G-100 | 1BR,1BA | $1.99 |
| The Woodlands Apartments | B3 | 1BR,1BA | $2.01 |
| St. James Place | A2 | 1BR,1BA | $2.06 |
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 112 Apartments for Rent in Park Place, WI with pricing that ranges from $490 to $2,941. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $1,225 to $3,450.
What is the current price range for Rental Homes in Park Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $1,225 to $3,450 with an average monthly rent of $1,995.
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 Experts 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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.