Cheap Apartments for Rent in the Lake Park Neighborhood of Milwaukee, WI from $500 (192 Rentals)

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

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Lake Park, Milwaukee, WI Local Guide

Cheapest Available Lake Park Apartments for Rent

 

The cheapest available apartment rental in the Lake Park area of Milwaukee, WI is a 1 Bed unit found at Edgewater East priced from $680. Buckingham Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Lake Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Edgewater EastOne Bedroom1BR,1BA$680
Buckingham ApartmentsSmall StudioStudio,1BA$695
Maryland Arms ApartmentsEfficiencyStudio,1BA$750
1417 N. Prospect Avenue1417 StudiosStudio,1BA$765
Belleview Park ApartmentsStudioStudio,1BA$770
Edgeview ApartmentsNo Availability1BR,1BA$825
Royal Plaza Apartments1A1BR,1BA$870
Edgewater Apartments1 Bedroom1BR,1BA$895
Prospective1 Bed / 1 Bath1BR,1BA$900
The Empire BuildingStudioStudio,1BA$925

Best Value Apartments for Rent in Lake Park, WI

As of April 14, 2025 the best value apartment in the Lake Park area is the $1.31 price per square foot 3 Bedroom Model at 2611-2613 N Stowell Ave in the in the Haymarket neighborhood starting from $2,100. The second greatest value Lake Park apartment is the 1624 N Warren Ave Model at 1624 N Warren Ave, Unit Lower starting at $1,595 with a $1.18 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Lake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2611-2613 N Stowell Ave3 Bedroom3BR,1.5BA$1.31
1624 N Warren Ave, Unit Lower1624 N Warren Ave2BR,1BA$1.18
2445 N Oakland Ave, Unit 24472445 N Oakland Ave3BR,1BA$1.30
Viking2 Bed / 1.5 Bath2BR,1.5BA$1.16
1622 N Warren Ave, Unit Upper1622 N Warren Ave2BR,1BA$1.34
Oakland Manor2 Bedroom 1 Bath2BR,1BA$1.06
Belleview Terrace Apartments2BD/1BA2BR,1BA$1.11
1659 N Warren Ave, Unit upper1659 N Warren Ave2BR,1BA$1.33
Edgewater Apartments1 Bedroom1BR,1BA$1.38
Edgewater EastOne Bedroom1BR,1BA$1.27

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Pet Friendly Lifestyle
Lake Park, Milwaukee, WI

Ranked #37

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Park, Milwaukee, and the greater Milwaukee area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Lake Park Neighborhood in Milwaukee, WI

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Park Apartments

What is the Cheapest Studio apartment in Lake Park?

Currently the most affordable Cheap Studio Apartment in Lake Park is at Buckingham Apartments listed at $695.

How much is rent for a Cheap One Bedroom Lake Park Apartment?

The lowest price for a Cheap One Bedroom Lake Park Apartment is $680 at Edgewater East.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Park is starting from $1,200 at Belleview Terrace Apartments.

What is the most affordable Lake Park Three Bedroom Apartment?

The best deal on a cheap Lake Park Three Bedroom Apartment rental is at Carriage Court and starts from $1,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.