Cheap Homes for Rent in Lake Park Neighborhood of Milwaukee, WI from $1,200 (10 Rentals)

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

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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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
1417 N. Prospect Avenue1417 StudiosStudio,1BA$775

Best Value Apartments for Rent in Lake Park, WI

As of April 25, 2025 the best value apartment in the Lake Park area is the $1.46 price per square foot 2317 E Park Pl Model at 2317 E Park Pl, Unit Up in the in the Haymarket neighborhood starting from $2,350. The second greatest value Lake Park apartment is the 3 Bedroom Model at 2611-2613 N Stowell Ave starting at $2,100 with a $1.31 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.
2317 E Park Pl, Unit Up2317 E Park Pl4BR,2BA$1.46
2611-2613 N Stowell Ave3 Bedroom3BR,1.5BA$1.31
2728 N Downer Ave, Unit Upper Flat2728 N Downer Ave4BR,1BA$1.45
1659 N Warren Ave, Unit upper1659 N Warren Ave2BR,1BA$1.33
Belleview Terrace Apartments2BD/1BA2BR,1BA$1.11
Humboldt ApartmentsTwo Bedroom2BR,1BA$1.44
Oakview ManorTwo Bedroom One Bath-12BR,1BA$1.44
1622 E Irving Pl1BR/1.0BA1BR,1BA$1.46
Maryland Arms ApartmentsOne Bedroom1BR,1BA$1.42
Edgewater EastOne Bedroom1BR,1BA$1.27

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Frequently Asked Questions about Lake Park

What type of rentals are currently available in Lake Park?

There are currently 557 Apartments for Rent in Lake Park, WI with pricing that ranges from $549 to $13,610. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Park ranging from $1,200 to $3,400.

What is the current price range for Rental Homes in Lake Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Park ranges from $1,200 to $3,400 with an average monthly rent of $2,278.

How much are larger Three and Four Bedroom Rentals in Lake Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Park range from $549 to $13,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,199 and Four Bedroom Apartments start at $1,850.

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.

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

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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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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.