Cheap Apartments for Rent in the Merrill Park Neighborhood of Milwaukee, WI from $300 (126 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Merrill Park, Milwaukee, WI Local Guide

Cheapest Available Merrill Park Apartments for Rent

 

The cheapest available apartment rental in the Merrill Park area of Milwaukee, WI is a 1 Bed unit found at Chapel Garden Apartments priced from $510. Clarke Square Terrace (55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $576. Here are the most affordable Merrill Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$510
Clarke Square Terrace (55+)One Bedroom - Income Restricted1BR,1BA$576
Paper Box Lofts2A2BR,1BA$577
Becher Terrace (55+)One Bedroom1BR,1BA$655
Johnson Legacy ApartmentsStudioStudio,1BA$725
University Crossing IIStudioStudio,1BA$755
McKinley School Apartments, LLC1Bd/1Bth1BR,1BA$817
Himount GardensStudioStudio,1BA$830
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$869
Columbia Square1 Bed, 1 bath1BR,1BA$900

Best Value Apartments for Rent in Merrill Park, WI

As of May 11, 2025 the best value apartment in the Merrill Park area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Merrill Park apartment is the 1638 N 15th St Model at 1638 N 15th St, Unit 1638 starting at $1,395 with a $1.07 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Merrill Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
1638 N 15th St, Unit 16381638 N 15th St3BR,1BA$1.07
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
1727 W Wright St, Unit 1727A1727 W Wright St3BR,1BA$1.00
Chapel Garden ApartmentsLifestyle: Senior - 2BR2BR,1BA$1.01
Clarke Square Terrace (55+)Two Bedroom - Income Eligible2BR,1BA$0.80
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.19
Paper Box Lofts2A2BR,1BA$0.78
McKinley School Apartments, LLC1Bd/1Bth1BR,1BA$1.16
Becher Terrace (55+)One Bedroom1BR,1BA$0.94

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Merrill Park, Milwaukee, WI

Ranked #162

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Merrill Park, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for South Central Milwaukee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Merrill Park Neighborhood in Milwaukee, WI

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

53 / 100

Good Transit

Many 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 Merrill Park Apartments

What is a cheap apartment in Merrill Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merrill Park is under $900.

What is the price of a cheap apartment in Merrill Park?

The cheapest apartment in Merrill Park is Chapel Garden Apartments which is listed at $510, while the average apartment in Merrill Park costs $1,650.

What types of apartments are the cheapest in Merrill Park?

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 24 regular apartments in Merrill Park 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 Merrill Park?

Cheap apartments in Merrill Park have an average cost of $283 which is $1,367 cheaper than the average rent for all rentals in Merrill Park.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.