Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $400 (51 Rentals)

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

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Pine Tree Apartments
1 Bedroom Apartments

Pine Tree Apartments

4903 N 39th StMilwaukee, WI 53209
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4446 N 28th St
2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
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Sherman Gardens Apt.
1 to 2 Bedroom Apartments

Sherman Gardens Apt.

5940 N Sherman BlvdMilwaukee, WI 53209
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Continental House
1 to 3 Bedroom Apartments

Continental House

5301 N Teutonia AveMilwaukee, WI 53209
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3825 N Oakland Ave
1 to 2 Bedroom Apartments

3825 N Oakland Ave

3825 N Oakland AveMilwaukee, WI 53211
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Estelle Apartments
Studio to 1 Bedroom Apartments

Estelle Apartments

4455 N Oakland AveMilwaukee, WI 53211
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1320 E Capitol Dr
1 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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3819 N Oakland Ave
1 Bedroom Apartments

3819 N Oakland Ave

3819 N Oakland AveMilwaukee, WI 53211
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3827 N Humboldt Blvd
1 Bedroom Apartments

3827 N Humboldt Blvd

3827-3829 N Humboldt BlvdMilwaukee, WI 53212
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425 E Henry Clay St
2 Bedroom Apartments

425 E Henry Clay St

425 E Henry Clay StMilwaukee, WI 53217
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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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Stratford Apartments
1 Bedroom Apartments

Stratford Apartments

4221 N Oakland AveMilwaukee, WI 53211
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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4272 N Wilson
1 Bedroom Apartments

4272 N Wilson

4272 N Wilson DrShorewood, WI 53211
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Northshore Apartments
Studio to 2 Bedroom Apartments

Northshore Apartments

1720 E Capitol DrShorewood, WI 53211
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1714 E Beverly Rd
1 Bedroom Apartments

1714 E Beverly Rd

1714 E Beverly RdShorewood, WI 53211
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Bay Manor
1 Bedroom Apartments

Bay Manor

125 W Silver Spring DrWhitefish Bay, WI 53217
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Ardmore Terrace
1 to 2 Bedroom Apartments

Ardmore Terrace

4012-4046 N Wilson DrShorewood, WI 53211
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Bay Colony I
2 Bedroom Apartments

Bay Colony I

189 E Fairmount AveWhitefish Bay, WI 53217
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330 E Clay St
1 Bedroom Apartments

330 E Clay St

330 E Clay StWhitefish Bay, WI 53217
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Chateau
1 Bedroom Apartments

Chateau

1700 E Chateau PlWhitefish Bay, WI 53217
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Milwaukee River Parkway, Milwaukee, WI Local Guide

Cheapest Available Milwaukee River Parkway Apartments for Rent

 

The cheapest available apartment rental in the Milwaukee River Parkway area of Milwaukee, WI is a 1 Bed unit found at Parkside Commons Senior Apartments priced from $698. Glen Courts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here are the most affordable Milwaukee River Parkway apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
Glen Courts ApartmentsOne Bedroom1BR,1BA$860
Park Village ApartmentsStudio*Studio,1BA$985
Diversey ManorStuiod1BR,1BA$1,079
Eastsider0BStudio,1BA$1,325
Glen Hills Apartments1 Bedroom (649 sq ft)1BR,1BA$1,358
Presidio Square Apartments LLC1B12BR,2BA$1,425

Best Value Apartments for Rent in Milwaukee River Parkway, WI

As of May 19, 2025 the best value apartment in the Milwaukee River Parkway area is the $1.57 price per square foot 2bd Model at Clayton Park Townhouses in the in the Far North Side neighborhood starting from $2,200. The second greatest value Milwaukee River Parkway apartment is the 2 Bedroom, 2 Bath Model at Bay Village Townhomes starting at $1,600 with a $1.19 price per square foot in the Estabrook Park neighborhood. Here is today’s list of the best values for Milwaukee River Parkway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clayton Park Townhouses2bd2BR,1BA$1.57
Bay Village Townhomes2 Bedroom, 2 Bath2BR,2BA$1.19
Presidio Square Apartments LLC1B22BR,2BA$1.48
1633 On The ParkThe Sidney2BR,2BA$1.73
Colonial Court ApartmentsPlan B2BR,1BA$1.62
Parkside Commons Senior ApartmentsTwo Bedroom2BR,1BA$1.32
2831 W Capitol Dr, Unit 12831 W Capitol Dr1BR,1BA$0.88
3828 W Marion St, Unit 3828 w Marion3828 W Marion St1BR,1BA$1.19
Glen Courts ApartmentsOne Bedroom1BR,1BA$1.43
Park Village ApartmentsStudio*Studio ,1BA$1.76

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Pet Friendly Lifestyle
Milwaukee River Parkway, Milwaukee, WI

Ranked #87

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

This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Milwaukee River Parkway Neighborhood in Milwaukee, WI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Milwaukee River Parkway Apartments

What is a cheap apartment in Milwaukee River Parkway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Milwaukee River Parkway is under $1,425.

What is the price of a cheap apartment in Milwaukee River Parkway?

The cheapest apartment in Milwaukee River Parkway is Parkside Commons Senior Apartments which is listed at $698, while the average apartment in Milwaukee River Parkway costs $3,283.

What types of apartments are the cheapest in Milwaukee River Parkway?

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 11 regular apartments in Milwaukee River Parkway 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 Milwaukee River Parkway?

Cheap apartments in Milwaukee River Parkway have an average cost of $152 which is $3,131 cheaper than the average rent for all rentals in Milwaukee River Parkway.

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.