5+ Days Ago
Highlights
- Balcony
- Spacious 1 bedroom
Location
2616 N Frederick Ave, Milwaukee, WI 53211, USA|Murray Hill
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent MilwaukeeApartments for rent KenoshaApartments for rent Kenosha Central Business DistrictApartments for rent Menomonee FallsApartments for rent Kilbourn TownApartments for rent Historic Third WardApartments for rent WaukeshaApartments for rent WauwatosaApartments for rent Honey Creek ParkwayApartments for rent Murray HillApartments for rent BrookfieldApartments for rent Cambridge HeightsApartments for rent Lower East SideApartments for rent West BendApartments for rent Walker's PointApartments Near Me
Houses for rent KenoshaHouses for rent PewaukeeHouses for rent MilwaukeeHouses for rent Silver SpringHouses for rent West AllisHouses for rent Lower East SideHouses for rent BrookfieldHouses for rent RiverwestHouses for rent Hampton HeightsHouses for rent Bay ViewHouses for rent Downer WoodsHouses for rent Lake GenevaHouses for rent NorthpointHouses for rent Walker's PointHouses for rent Triangle NorthHouses for rent near me
Property Overview
Lake Terrace Apartments presents an overall expert rating of 9.1, indicating it is an excellent rental choice. With a competitive price rating of 10, outstanding amenities rated at 9, and a prime location also at 9, the property combines value and convenience effectively. Notable features such as spacious one-bedroom units and balconies further enhance its appeal, making it a standout option in the rental market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Dishwasher
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 420 sqft | $999 /mo | 1 unit available | Eastside 1BR |
Let's explore this property.
Amenities for Lake Terrace Apartments
Apartment Amenities
| Air Conditioning | Central Heat |
| Gas | Heating |
| Trash | Water |
Appliances
| Garbage Disposal | Range |
| Refrigerator | Stove |
Building
| 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
| Units | 84 |
|---|
Advertisement
About Lake Terrace Apartments
Eastside 1BR
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.
9.1
/10
ExcellentLake Terrace Apartments 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.
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.
Lake Terrace Apartments 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.
Lake Terrace Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including garbage disposal. Renters looking for popular or luxurious features will find them here—and for that reason, Lake Terrace Apartments 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.
Lake Terrace Apartments 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.
Lake Terrace Apartments 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·7A 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.
Lake Terrace Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Lake Terrace Apartments compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
Considerations
- 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
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Murray Hill
1-bedroom apartments at Lake Terrace Apartments cost about 9% less than the average rent price for 1-bedroom apartments in Murray Hill.
Median rents as of Jan 17 2026.
Murray Hill
Milwaukee
| Month | Median 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 | $913 |
| Month | Median Rent |
|---|---|
| February 2024 | $849 |
| March 2024 | $820 |
| April 2024 | $825 |
| May 2024 | $825 |
| June 2024 | $822 |
| July 2024 | $818 |
| August 2024 | $825 |
| September 2024 | $843 |
| October 2024 | $837 |
| November 2024 | $814 |
| December 2024 | $761 |
| January 2025 | $776 |
| February 2025 | $792 |
| March 2025 | $799 |
| April 2025 | $800 |
| May 2025 | $850 |
| June 2025 | $837 |
| July 2025 | $840 |
| August 2025 | $895 |
| September 2025 | $823 |
| October 2025 | $790 |
| November 2025 | $807 |
| December 2025 | $864 |
| January 2026 | $855 |
Affordability calculator
Can I afford to live at 2616 N Frederick Ave?
Bedrooms
1 bedroomRent-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
$39,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 1-bedroom monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.
Schools near Lake Terrace Apartments
Hartford Avenue Elementary School
2227 e hartford ave
milwaukee, WI, 53211
PK, K-8Public
C-
Milwaukee Academy of Chinese Language
2430 w wisconsin ave
milwaukee, WI, 53233
PK, K-8Public
C-
Advertisement
Internet available near Lake Terrace Apartments
Neighborhood
Murray Hill | Milwaukee, WI
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Milwaukee near 2616 N Frederick Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 2616 N Frederick Ave, Milwaukee
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
6/10
Some bars within walking distance
Compare similar properties nearby
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
Juneau Village Towers Apartments- Milwaukee, WI
Our team has verified this companyJuneau Town • 1029 North Jackson Street
Studio
$1,150
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
Juneau Village Towers Apartments- Milwaukee, WI
Our team has verified this companyJuneau Town • 1029 North Jackson Street
Studio
$1,150
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry