Cheap Apartments for Rent in the Park West Neighborhood of Milwaukee, WI from $300 (157 Rentals)

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

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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.

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property at 2146 N 35th St

$850 - $925

1 To 2 Bedroom Rentals

Available Now

2146 N 35th St

MilwaukeeWI53208

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property at 2438 N 1st St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2438 N 1st St

MilwaukeeWI53212
property at 2436 N 1st St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Condo for Rent

Available Now

2436 N 1st St, Unit A

2436 N 1st St
MilwaukeeWI53212

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Park West, Milwaukee, WI Local Guide

Cheapest Available Park West Apartments for Rent

 

The cheapest available apartment rental in the Park West area of Milwaukee, WI is a 1 Bed unit found at MLK Library Apartments priced from $560. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Park West apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
MLK Library Apartments1x11BR,1BA$560
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
Tioga ApartmentsStudio1BR,1BA$695
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Marquee CommunitiesStudioStudio,1BA$705
University Crossing IIStudioStudio,1BA$755
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Johnson Legacy WestStudioStudio,1BA$805
Water Street ApartmentsStudioStudio,1BA$825

Best Value Apartments for Rent in Park West, WI

As of July 11, 2026 the best value apartment in the Park West area is the $0.56 price per square foot 912 W Hadley St Model at 912 W Hadley St, Unit 1 in the in the Haymarket neighborhood starting from $1,250. The second greatest value Park West 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 Park West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
912 W Hadley St, Unit 1912 W Hadley St3BR,1BA$0.56
3758 N 41st St, Unit 13758 N 41st St2BR,1BA$0.47
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
University Row3 Bed 1 Bath3BR,1BA$0.87
Columbia Square2 bedroom2BR,2BA$0.84
2608 N 40th St, Unit 2608a2608 N 40th St3BR,1BA$1.10
3702 N 15th St, Unit Upper3702 N 15th St3BR,1BA$1.13
Historic Lofts on KilbournOne Bedroom1BR,1BA$1.04
MLK Library Apartments1x11BR,1BA$0.71

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.

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Real 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.

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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.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for East Central Milwaukee, WI. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Park West Apartments

What is a cheap apartment in Park West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park West is under $825.

What is the price of a cheap apartment in Park West?

The cheapest apartment in Park West is MLK Library Apartments which is listed at $560, while the average apartment in Park West costs $1,812.

What types of apartments are the cheapest in Park West?

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 34 regular apartments in Park West 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 West?

Cheap apartments in Park West have an average cost of $337 which is $1,475 cheaper than the average rent for all rentals in Park West.

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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.