Cheap Apartments for Rent in the Riverside Park Neighborhood of Milwaukee, WI from $500 (446 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverside Park 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.

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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.

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Cash 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.

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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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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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Riverside Park, Milwaukee, WI Local Guide

Cheapest Available Riverside Park Apartments for Rent

 

The cheapest available apartment rental in the Riverside Park area of Milwaukee, WI is a 3 Beds unit found at The Park at 1824 Student Apartments priced from $646. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Riverside Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR,2BA$646
University Crossing IStudioStudio,1BA$685
Fairmount ApartmentsEfficiencyStudio,1BA$695
Lakeside ApartmentsStudioStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Colonial ApartmentsStudio *StandardStudio,1BA$725
St. ClairStudioStudio,1BA$725
Marshall Hall ApartmentsStudioStudio,1BA$750
East Park ApartmentsStudioStudio,1BA$795
1315 CassStudioStudio,1BA$795

Best Value Apartments for Rent in Riverside Park, WI

As of May 11, 2026 the best value apartment in the Riverside Park area is the $1.03 price per square foot Unit 1 Model at 1700 - 1702 N Farwell Ave in the in the Haymarket neighborhood starting from $1,950. The second greatest value Riverside Park apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front rear unit starting at $900 with a $0.60 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Riverside Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1700 - 1702 N Farwell AveUnit 12BR,1.5BA$1.03
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
101 W Meinecke Ave, Unit 105101 W Meinecke Ave3BR,1BA$1.20
1773 N Astor St, Unit lower flat1773 N Astor St3BR,1BA$1.12
DevonshireOne Bedroom1BR,1BA$1.25
3372 N Oakland Ave, Unit Lower3372 N Oakland Ave2BR,1BA$1.10
Villager ApartmentsTwo Bedroom2BR,1.5BA$1.06
Edgeview ApartmentsTwo Bedroom2BR,1BA$0.88
3368-3374 N Booth St 6 unit2BR/1.0BA2BR,1BA$1.06
The Park at 1824 Student ApartmentsRenovated 2 Bedroom Apartment2BR,1BA$1.22

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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Pet Friendly Lifestyle
Riverside Park, Milwaukee, WI

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Riverside Park, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Wisconsin, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, apartment communities for the kids, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Riverside Park Apartments

What is a cheap apartment in Riverside Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside Park is under $795.

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

The cheapest apartment in Riverside Park is Colonial Apartments which is listed at $750, while the average apartment in Riverside Park costs $2,725.

What types of apartments are the cheapest in Riverside Park?

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 35 regular apartments in Riverside Park 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 Riverside Park?

Cheap apartments in Riverside Park have an average cost of $235 which is $2,490 cheaper than the average rent for all rentals in Riverside Park.

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 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.