Zumper
modified
22 Hours Ago

Highlights

  • Granite countertops
  • Huge windows
  • Open concept kitchen and living room area
  • Brand-new plank flooring
  • Tall ceilings
  • Full appliance package

Location

249 North Water Street, Milwaukee, Wisconsin 53202, United States|Historic Third Ward
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Contact

Management

RiverView Lofts

Leasing office

(414) 939-9190 ext. 2

Property Overview

249 N. Water Street offers a high-quality living experience, earned a Zumper expert rating of 9.2 out of 10, supported by competitive pricing and excellent amenities. With granite countertops, large windows, tall ceilings, and a prime location surrounded by dining, cultural attractions, and fitness facilities, it caters well to an active lifestyle and work-from-home needs. The property is distinguished by its commitment to transparency, ensuring renters have a clear understanding of what to expect.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.2
Excellent
249 N. Water Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • High school nearby
  • More space
  • Outdoor space

Great for

  • Work-from-home
  • Social life
  • Wellness

Floor plans

1BR/1.0BA1 bed1 bath788 sqft$1,625 /mo1 unit availableFantastic floor plan overlooking Buffalo Street with views of the river located in the heart of the Third Ward. Riverview Lofts is located on the Milwaukee River, with direct access to the incredible riverwalk, linking all of downtown Milwaukee along a scenic path. This recently updated one bedroom apartment features huge windows and an open concept kitchen and living room area. The kitchen has a full appliance package and granite countertops. The living area features brand-new plank flooring. Tall ceilings and exposed cream city brick give the space a cool, industrial and lofty feel. Enjoy Blue Bat restaurant located right downstairs, or the famous Milwaukee Ale House located next door. There is so much to do within just a few blocks from dining, shopping, nightlife, art and theaters, and more! The Milwaukee River and iconic river walk are just outside your front door!

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Amenities for 249 N. Water Street

Apartment Amenities

High CeilingHigh Ceilings
Large WindowsLoft Style apartments

Appliances

In-Unit Laundry

Services

Water and Sewer
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units21
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About 249 N. Water Street

HomeApartments in MilwaukeeHistoric Third Ward 249 N. Water Street

Fantastic floor plan overlooking Buffalo Street with views of the river located in the heart of the Third Ward. Riverview Lofts is located on the Milwaukee River, with direct access to the incredible riverwalk, linking all of downtown Milwaukee along a scenic path. This recently updated one bedroom apartment features huge windows and an open concept kitchen and living room area. The kitchen has a full appliance package and granite countertops. The living area features brand-new plank flooring. Tall ceilings and exposed cream city brick give the space a cool, industrial and lofty feel. Enjoy Blue Bat restaurant located right downstairs, or the famous Milwaukee Ale House located next door. There is so much to do within just a few blocks from dining, shopping, nightlife, art and theaters, and more! The Milwaukee River and iconic river walk are just outside your front door!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.2
/10
Excellent
249 N. Water Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 249 N. Water Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
249 N. Water Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
249 N. Water Street goes above and beyond to provide sought-after conveniences and desirable perks, including water and sewer. Renters looking for popular or luxurious features will find them here—and for that reason, 249 N. Water Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
249 N. Water Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
249 N. Water Street has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

249 N. Water Street is great for:

Work-from-home

  • 8 coworking spaces or cafes within 1 mile
  • Large windows for natural lighting
  • 7 internet service provider options nearby
  • 3 office supply stores within 1 mile

Social life

  • 415 restaurants within 1 mile of this property
  • 77 theaters, music venues, or sports arenas nearby
  • 237 museums, art galleries, or cultural centers within 1 mile
  • 103 local event hubs within 1 mile

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 86 gyms or yoga centers nearby
  • 88 parks nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 249 N. Water Street compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
More space
The 1-bedroom is 53 sqft larger than other listings nearby
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Historic Third Ward

1-bedroom apartments at 249 N. Water Street cost about 7% less than the average rent price for 1-bedroom apartments in Historic Third Ward.

Median rents as of Jan 24 2026.
Historic Third Ward
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
February 2024$885
March 2024$914
April 2024$872
May 2024$847
June 2024$849
July 2024$818
August 2024$825
September 2024$834
October 2024$890
November 2024$1,110
December 2024$1,072
January 2025$911
February 2025$855
March 2025$846
April 2025$846
May 2025$887
June 2025$864
July 2025$874
August 2025$895
September 2025$898
October 2025$912
November 2025$942
December 2025$961
January 2026$906
A table of studio rental data trends in Historic Third Ward
MonthMedian Rent
March 2024$1,295
April 2024$1,295
June 2024$1,350

Affordability calculator

Can I afford to live at 249 North Water Street?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$65,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $65,000 annually to afford this 1-bedroom monthly rent price of $1,625.
For more information on rent affordability, visit our rent calculator.

Schools near 249 N. Water Street

Cass Street Elementary School

1647 n cass st

milwaukee, WI, 53202

PK, K-8Public
C-

Milwaukee Academy of Chinese Language

2430 w wisconsin ave

milwaukee, WI, 53233

PK, K-8Public
C-
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Internet available near 249 N. Water Street

Getting around Milwaukee near 249 North Water Street

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 249 North Water Street, Milwaukee

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

6/10
Variety of cafés within walking distance

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

10/10
Variety of bars right on the street

Explore the area around 249 North Water Street

Foltz Family Market
400 N Water St
Milwaukee Public Market
400 N Water St
Oro Di Oliva
400 N Water St
Roundy's Supermarkets, Inc
875 E Wisconsin Ave
Grand Avenue Market
612 W Wisconsin Ave

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