
Cheap Apartments for Rent in the Riverwest Neighborhood of Milwaukee, WI from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwest area of Milwaukee.


815 E Locust St

Humboldt Apartments

River Rise Apartments

1853 N Humboldt Ave

1819 N Cambridge Ave
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Riverworks Lofts

River Wood Apartments

1320 E Capitol Dr

Ingram Place

1420 E Capitol

1428 E Capitol Dr
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3368-3374 N Booth St 6 unit

Riverwest Terrace

Cozy 1BR in Riverwest $895 – Heat Included | Hardwood Floors | Storage + Laundry

800 E Chambers St./3010 N Fratney St. (6 Unit)

Riverview Apartments

The Cambridge Place
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Riverwest, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Riverwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwest Studio Apartments | $1,604 | $660 | $1,919 |
| Riverwest 1 Bedroom Apartments | $1,776 | $559 | $3,497 |
| Riverwest 2 Bedroom Apartments | $2,403 | $917 | $4,000 |
| Riverwest 3 Bedroom Apartments | $2,396 | $1,342 | $5,038 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Riverwest Neighborhood of Milwaukee, WI.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cambridge Place | 1 Beds, 1 Baths | 1BR,1BA | $1,045 |
| Cambridge North | NORTH | Studio,1BA | $1,195 |
| Humboldt Apartments | Two Bedroom | 2BR,1BA | $1,255 |
| 1910 on Water | The Silver Spring | Studio,1BA | $1,280 |
| Ingram Place | G MR | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Row House 31 | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.60 |
| 528 E Glover Ave, Unit Lower | 528 E Glover Ave | 1BR,1BA | $1.38 |
| Oaks of Shorewood Apartments | C4 | 2BR,1.5BA | $2.14 |
| 632 E Burleigh St, Unit 632 E. Burleigh St. | 632 E Burleigh St | 2BR,1BA | $1.39 |
| Humboldt Apartments | Two Bedroom | 2BR,1BA | $1.44 |
| Nine10@Land Place | QkSilver | 1BR,1BA | $2.13 |
| Flats 1809 | One Bedroom | 1BR,1BA | $1.99 |
| Ingram Place | G MR | 1BR,1BA | $1.85 |
| Walker's Landing Apartments | Large Studio | Studio ,1BA | $2.16 |
| Cambridge North | NORTH | Studio ,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

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.

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.

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.

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.