Rowe MKE
1845 N Water St,
Milwaukee, WI 53202
$1,623 - $4,354 | Studio - 3 Beds
Milwaukee's Riverwest neighborhood stretches along the Milwaukee River. It is a dynamic area populated by artists, musicians, creative entrepreneurs, and students -- it is directly across the river from the University of Wisconsin-Milwaukee. It offers a unique collection of charming cafes, boutiques, and bars. This diverse neighborhood hosts a variety of festivals like Center Street Daze, the Riverwest Art Walk, and Locust Street Days. Riverwest is home to the largest walking tour of art studios and galleries in the state.
Riverwest is conveniently located directly north of downtown and east of Lake Michigan, a central spot which allows for easy access to most parts of Milwaukee and only 95 miles from Chicago. This is such a great neighborhood that it was even named one of the country's best neighborhoods for living well in 2016.
The Milwaukee River is lined with walking trails
Residents stroll along RiverWalk
Riverside Park is home to the Urban Ecology Center and the Milwaukee Rotary Centennial Arboretum
A sandy beach on Lake Michigan
The face sculptures outside the Lakefront Brewery are made from the original fermenter tanks
Nearby Veteran's Park borders Lake Michigan
As of April 2025, the average apartment rent in Riverwest is $973 for a studio, $1,058 for one bedroom, $1,754 for two bedrooms, and $1,402 for three bedrooms. Apartment rent in Riverwest has increased by 2.1% in the past year.
Studio
515 sq ft
Average Sq Ft
$973/month
Average Rent
1 BR
641 sq ft
Average Sq Ft
$1,058/month
Average Rent
2 BR
1,106 sq ft
Average Sq Ft
$1,754/month
Average Rent
3 BR
1,277 sq ft
Average Sq Ft
$1,402/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Current Resident
7 years and 1 months ago•Niche Review
Riverwest is a thriving, diverse, affordable neighborhood less than 10 minutes from downtown Milwaukee. There are ample opportunities for nightlife, creative pursuits, and healthy living, and residents are devoted to maintaining a close-knit community.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.