2 Hours Ago
Highlights
Pet Friendly
- Landscaped grounds
- Balcony
- Walk-in closet
- Picnic tables
- Cathedral ceilings
- Private lake
Location
6801 S 68th St, Franklin, WI 53132, USA
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Property Overview
Parkwood Lake Apartments receives a strong Zumper Expert Rating of 8.5, underlining its appeal for renters due to its competitive pricing and excellent amenities scored at 10 out of 10. Key features include landscaped grounds, balconies, and cathedral ceilings, complemented by proximity to top-rated schools and various pet-friendly services. The property also enjoys a trustworthiness rating of 8, reflecting its commitment to transparency and detailed information for prospective tenants.
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.
Things you’ll love
High school nearby- More space
- Fireplace
Great for
Pet owners
Floor plans
| 2 Bed / 2 Bath "Lower 2" 1,300 sqft | 2 bed | 2 bath | 1,300 sqft | $1,730 /mo | 1 unit available | Parkwood Lake in is located on 15 acres of scenic green space and landscaped grounds. A nature walking trail meanders through the property and leads to a private lake with pier, gazebo, and picnic tables. Enjoy a a relaxing sunset or sunrise over the lake when you call Parkwood Lake home! 2 Bed / 2 Bath Lower 1,300 sqft is a first-floor location with patio. The primary bedroom measures 18x12 feet with large walk-through closet and attached full bath. 2 Bed / 2 Bath Lower 1,400 sqft is a first-floor location with patio. The primary bedroom measures 16x14 feet with large walk-through closet and attached full bath. 2 Bed / 2.5 Bath Upper 2,100 sqft is a second-floor location with balcony. The primary bedroom measures 22x12 feet with large walk-through closet and attached full bath. The upstairs loft is spacious with cathedral ceilings, a half bathroom, walk-in closet, and second balcony. 2 Bed / 2.5 Bath Upper 2,200 sqft is a second-floor location with balcony. The primary bedroom measures 16x14 feet with large walk-through closet and attached full bath. The upstairs loft is spacious with cathedral ceilings, a half bathroom, walk-in closet, and second balcony. |
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Amenities for Parkwood Lake Apartments
Apartment Amenities
| Air Conditioning | Balcony |
| Fireplace | Gas Fireplace |
| Kitchen Pantry | Patio |
| Walk-in Closet |
Appliances
| Dishwasher | Full-Size Stacked Washer and Dryer |
| Garbage Disposal | In-Unit Laundry |
| Microwave | Oven |
| Range | Range/Oven |
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Heated Underground Parking |
Grounds
| Nature/Walking Trail | Swimming Pool |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 88 |
|---|
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About Parkwood Lake Apartments
Parkwood Lake in is located on 15 acres of scenic green space and landscaped grounds. A nature walking trail meanders through the property and leads to a private lake with pier, gazebo, and picnic tables. Enjoy a a relaxing sunset or sunrise over the lake when you call Parkwood Lake home! 2 Bed / 2 Bath Lower 1,300 sqft is a first-floor location with patio. The primary bedroom measures 18x12 feet with large walk-through closet and attached full bath. 2 Bed / 2 Bath Lower 1,400 sqft is a first-floor location with patio. The primary bedroom measures 16x14 feet with large walk-through closet and attached full bath. 2 Bed / 2.5 Bath Upper 2,100 sqft is a second-floor location with balcony. The primary bedroom measures 22x12 feet with large walk-through closet and attached full bath. The upstairs loft is spacious with cathedral ceilings, a half bathroom, walk-in closet, and second balcony. 2 Bed / 2.5 Bath Upper 2,200 sqft is a second-floor location with balcony. The primary bedroom measures 16x14 feet with large walk-through closet and attached full bath. The upstairs loft is spacious with cathedral ceilings, a half bathroom, walk-in closet, and second balcony.
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Parkwood Lake Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkwood Lake Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·9A 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.
Parkwood Lake Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
Parkwood Lake Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Parkwood Lake 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·6A 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.
While Parkwood Lake Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Parkwood Lake Apartments is great 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 Parkwood Lake Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- More space
- The 2-bedroom is 1048 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Franklin
2-bedroom apartments at Parkwood Lake Apartments cost about 10% more than the average rent price for 2-bedroom apartments in Franklin.
Median rents as of Mar 28 2026.
Franklin
| Month | Median Rent |
|---|---|
| April 2024 | $1,185 |
| May 2024 | $1,151 |
| June 2024 | $1,159 |
| July 2024 | $1,174 |
| August 2024 | $1,178 |
| September 2024 | $1,149 |
| October 2024 | $1,165 |
| November 2024 | $1,255 |
| December 2024 | $1,125 |
| January 2025 | $1,201 |
| February 2025 | $1,280 |
| March 2025 | $1,294 |
| April 2025 | $1,260 |
| May 2025 | $1,285 |
| June 2025 | $1,235 |
| July 2025 | $1,222 |
| August 2025 | $1,258 |
| September 2025 | $1,252 |
| October 2025 | $1,258 |
| November 2025 | $1,245 |
| December 2025 | $1,230 |
| January 2026 | $1,290 |
| February 2026 | $1,282 |
| March 2026 | $1,265 |
Affordability calculator
Can I afford to live at 6801 S 68th St?
Bedrooms
2 bedroomsRent-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
$69,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,200 annually to afford this 2-bedrooms monthly rent price of $1,730.
For more information on rent affordability, visit our rent calculator.
Schools near Parkwood Lake Apartments
Pleasant View Elementary School
4601 w marquette ave
franklin, WI, 53132
PK, K-5Public
A
Forest Ridge Elementary School
2200 w drexel ave
oak creek, WI, 53154
PK, K-5Public
B
Drought Elementary School
21016 7 mile rd
franksville, WI, 53126
PK, K-8Public
A-
Acelero Learning - Cudahy North Center
5809 south packard ave
cudahy, WI, 53110
PKPublic
Acelero Learning - Cudahy South Center
5885 south packard ave
cudahy, WI, 53110
PKPublic
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Internet available near Parkwood Lake Apartments
Getting around Franklin near 6801 S 68th St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 6801 S 68th St, Franklin
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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