Cheap Apartments for Rent in the Riverwest Neighborhood of Milwaukee, WI from $500 (18 Rentals)

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

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1819 N Cambridge Ave
Studio to 2 Bedroom Apartments

1819 N Cambridge Ave

1819 N Cambridge AveMilwaukee, WI 53202
  • Utilities Included

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Riverworks Lofts
1 to 2 Bedroom Apartments

Riverworks Lofts

3372 N Holton StMilwaukee, WI 53212
  • Utilities Included
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River Wood Apartments
1 to 2 Bedroom Apartments

River Wood Apartments

1200 E Singer CirMilwaukee, WI 53212
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1320 E Capitol Dr
1 to 3 Bedroom Apartments

1320 E Capitol Dr

1320 E Capitol DrMilwaukee, WI 53211
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Ingram Place
1 to 3 Bedroom Apartments

Ingram Place

456 E Brown StMilwaukee, WI 53212
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1420 E Capitol
1 to 2 Bedroom Apartments

1420 E Capitol

1420 E Capitol DrMilwaukee, WI 53211
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1428 E Capitol Dr
1 Bedroom Apartments

1428 E Capitol Dr

1428 E Capitol DrMilwaukee, WI 53211
  • Utilities Included

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Riverwest Terrace
Studio to 2 Bedroom Apartments

Riverwest Terrace

1230 E Singer CirMilwaukee, WI 53212
  • Utilities Included
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Riverview Apartments
Studio to 2 Bedroom Apartments

Riverview Apartments

1230 E Auer AveMilwaukee, WI 53212
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Cheapest Available Riverwest Apartments for Rent

 

The cheapest available apartment rental in the Riverwest area of Milwaukee, WI is a 1 Bed unit found at The Cambridge Place priced from $1,045. Cambridge North has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Riverwest apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Cambridge Place1 Beds, 1 Baths1BR,1BA$1,045
Cambridge NorthNORTHStudio,1BA$1,195
Humboldt ApartmentsTwo Bedroom2BR,1BA$1,255
1910 on WaterThe Silver SpringStudio,1BA$1,280
Ingram PlaceG MR1BR,1BA$1,369

Best Value Apartments for Rent in Riverwest, WI

As of January 27, 2026 the best value apartment in the Riverwest area is the $1.60 price per square foot 2 Bed / 2.5 Bath Model at Row House 31 in the in the Haymarket neighborhood starting from $2,475. The second greatest value Riverwest apartment is the 528 E Glover Ave Model at 528 E Glover Ave, Unit Lower starting at $1,800 with a $1.38 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Riverwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Row House 312 Bed / 2.5 Bath2BR,2.5BA$1.60
528 E Glover Ave, Unit Lower528 E Glover Ave1BR,1BA$1.38
Oaks of Shorewood ApartmentsC42BR,1.5BA$2.14
632 E Burleigh St, Unit 632 E. Burleigh St.632 E Burleigh St2BR,1BA$1.39
Humboldt ApartmentsTwo Bedroom2BR,1BA$1.44
Nine10@Land PlaceQkSilver1BR,1BA$2.13
Flats 1809One Bedroom1BR,1BA$1.99
Ingram PlaceG MR1BR,1BA$1.85
Walker's Landing ApartmentsLarge StudioStudio ,1BA$2.16
Cambridge NorthNORTHStudio ,1BA$2.32

Frequently Asked Questions about Cheap Riverwest Apartments

What is a cheap apartment in Riverwest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwest is under $1,650.

What is the price of a cheap apartment in Riverwest?

The cheapest apartment in Riverwest is The Cambridge Place which is listed at $1,045, while the average apartment in Riverwest costs $2,625.

What types of apartments are the cheapest in Riverwest?

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 2 regular apartments in Riverwest 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 Riverwest?

Cheap apartments in Riverwest have an average cost of $314 which is $2,311 cheaper than the average rent for all rentals in Riverwest.

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.

Articles, How-To's, and Tips

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.