Cheap Apartments for Rent in the Riverwest Neighborhood of Milwaukee, WI from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverwest 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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property at 811 E Hadley St

$1,260

Total Monthly Price

Total Monthly Price

Base Rent
$1,260
Total Monthly Price
$1,260

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

811 E Hadley St

MilwaukeeWI53212
property at 2454 N Pierce St

$1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,390
Total Monthly Price
$1,390

2 Bedroom, 1 Bath Home for Rent

Available Now

2454 N Pierce St

MilwaukeeWI53212

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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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
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Ingram Place
1 to 3 Bedroom Apartments

Ingram Place

456 E Brown StMilwaukee, WI 53212
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River Wood Apartments
1 to 2 Bedroom Apartments

River Wood Apartments

1200 E Singer CirMilwaukee, WI 53212
  • Utilities Included

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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1320 E Capitol Dr
1 to 3 Bedroom Apartments

1320 E Capitol Dr

1320 E Capitol DrMilwaukee, WI 53211
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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
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800 E Chambers St
1 to 3 Bedroom Apartments

800 E Chambers St

800 E Chambers StMilwaukee, WI 53212
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Riverwest Terrace
Studio to 2 Bedroom Apartments

Riverwest Terrace

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

Riverview Apartments

1230 E Auer AveMilwaukee, WI 53212
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2069 Cambridge
1 to 2 Bedroom Apartments

2069 Cambridge

2069 N Cambridge AveMilwaukee, WI 53202
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Riverwest, Milwaukee, WI Local Guide

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 RW Apartments I and II priced from $559. Riverwalk has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Riverwest apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
RW Apartments I and II1x1 683sf1BR,1BA$559
RiverwalkStudioStudio,1BA$935
The Cambridge Place1 Beds, 1 Baths1BR,1BA$1,095
Cambridge NorthNORTH "B"Studio,1BA$1,150
Eighteen871 Bedrooms 1 Bath1BR,1BA$1,400
Flats 1809One Bedroom1BR,1BA$1,415
Rowe MKEA04Studio,1BA$1,730
Oaks of Shorewood ApartmentsA31BR,1BA$1,940

Best Value Apartments for Rent in Riverwest, WI

As of July 05, 2026 the best value apartment in the Riverwest area is the $3.38 price per square foot C1 Model at Rowe MKE in the in the Haymarket neighborhood starting from $4,361. The second greatest value Riverwest apartment is the 2x1 Model at RW Apartments I and II starting at $1,895 with a $2.04 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.
Rowe MKEC13BR,2BA$3.38
RW Apartments I and II2x12BR,1BA$2.04
3228 N Weil St, Unit Upper Duplex Unit3228 N Weil St3BR,1BA$1.56
Flats 1809One Bedroom W/Den1BR,1BA$1.93
Oaks of Shorewood ApartmentsA31BR,1BA$2.28
Eighteen871 Bedrooms 1 Bath1BR,1BA$2.32
The Cambridge Place1 Beds, 1 Baths1BR,1BA$1.83
Cambridge NorthNORTH "B"Studio ,1BA$2.37
RiverwalkStudioStudio ,1BA$2.34

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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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Riverwest, Milwaukee, WI

Ranked #69

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Riverwest Apartments

What is the Cheapest Studio apartment in Riverwest?

Currently the most affordable Cheap Studio Apartment in Riverwest is at Riverwalk listed at $935.

How much is rent for a Cheap One Bedroom Riverwest Apartment?

The lowest price for a Cheap One Bedroom Riverwest Apartment is $559 at RW Apartments I and II.

What is the lowest price for a Cheap Two Bedroom Riverwest Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverwest is starting from $1,415 at RW Apartments I and II.

What is the most affordable Riverwest Three Bedroom Apartment?

The best deal on a cheap Riverwest Three Bedroom Apartment rental is at Eighteen87 and starts from $2,200.

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.

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An Insiders 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.