Cheap Apartments for Rent in the Milwaukee River Parkway Neighborhood of Milwaukee, WI from $400 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Milwaukee River Parkway 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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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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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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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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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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Stratford Apartments
1 Bedroom Apartments

Stratford Apartments

4221 N Oakland AveMilwaukee, WI 53211
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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
Colonial Court ApartmentsStudioStudio,1BA$950
Park Village ApartmentsStudio*Studio,1BA$985
Diversey Manor1 bed/1 bath at Park Place1BR,1BA$1,079
4244 N Wilson Dr2BR2BR,1BA$1,100
EastsiderStudioStudio,1BA$1,250
Bayshore PlaceSpruce PineStudio,1BA$1,325
Glen Hills Apartments1 Bedroom (649 sq ft)1BR,1BA$1,326
The LydellS21Studio,1BA$1,350

Best Value Apartments for Rent in Milwaukee River Parkway, WI

As of April 23, 2025 the best value apartment in the Milwaukee River Parkway area is the $1.60 price per square foot 2-bedroom #406 Model at Mosaic on Oakland in the in the Cambridge Woods neighborhood starting from $2,677. The second greatest value Milwaukee River Parkway apartment is the 2bd Model at Clayton Park Townhouses starting at $2,200 with a $1.57 price per square foot in the Far North Side 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.
Mosaic on Oakland2-bedroom #4062BR,2BA$1.60
Clayton Park Townhouses2bd2BR,1BA$1.57
Bay Village Townhomes2 Bedroom, 2 Bath2BR,2BA$1.19
4065 N Elmhurst Rd, Unit 4065 Upper4065 N Elmhurst Rd2BR,1BA$1.09
Henry Clay Court Apartments2 bedroom2BR,1BA$1.66
4244 N Wilson Dr2BR2BR,1BA$1.22
Parkside Commons Senior ApartmentsTwo Bedroom2BR,1BA$1.32
Coventry1 Bed 1 Bath (1B1B)1BR,1BA$1.78
Glen Courts ApartmentsOne Bedroom1BR,1BA$1.43
Park Village ApartmentsStudio*Studio ,1BA$1.76

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Milwaukee River Parkway, Milwaukee, WI

Ranked #57

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 $1,350.

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 $3,250.

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 7 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 $191 which is $3,059 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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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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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.

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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.