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Updated 21 Hours Ago

Highlights

  • Private balcony
  • Balcony
  • Walk-in closet
  • Breakfast bar
  • Stunning views
  • In-unit washer & dryer

Location

249 N Water St, Milwaukee, WI 53202, USA|Historic Third Ward
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Management

RiverView Lofts

Leasing office

(414) 939-9607 ext. 2

Property Overview

Riverview Lofts is a highly rated property with strong scores for price, amenities, location, quality, and trustworthiness, pointing to a well-rounded living experience. It features private and balcony access, walk-in closets, a breakfast bar, in-unit washer and dryer, and stunning views, while also standing out for work-from-home convenience, fitness and wellness access, and a lively nearby mix of dining, culture, and entertainment.

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

8.9
Very Good
With a solid 8.9 out of 10 overall, Riverview Lofts is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Riverview Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • More space
  • Images Available

Great for

  • Work-from-home
  • Social life
  • Wellness

Floor plans

2BR/1.0BA2 bed1 bath1,160 sqft$2,150 /mo1 unit availableAre you looking for the perfect place to call home in the heart of the Third Ward? This unit offers two bedrooms/one bathroom and just over 1,150 square feet of open living space. Located on the corner of Water Street and Buffalo Street, this apartment home has new LVT flooring and plush carpet in the bedrooms. West-facing exposure over the River Walk makes for a perfect sunset view in the evening.
2BR/1.5BA2 bed1.5 bath1,054 sqft$2,200 /mo1 unit availableStunning townhouse in the heart of the Historic Third Ward! Beautiful views make this apartment loft feel light and bright. Recently remodeled with hard plank flooring, sleek granite countertops and contemporary lighting. Cream City brick walls and extra-tall ceilings with exposed beams give this townhouse a lofty and trendy feel! Fabulous layout for entertaining! First floor open-concept living area with large living room and breakfast bar. Half bath located near the entry is perfect for guests. Upstairs is home to two large bedrooms and one full bathroom with in-unit washer & dryer. The master suite has access to a private balcony and features a walk-in closet. Don't miss your chance to call this fantastic townhouse in the Third Ward your new home! Unbeatable location right on the river walk!

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Amenities for Riverview Lofts

Apartment Amenities

BalconyDeck
High CeilingsLarge Windows
Two Level

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 Riverview Lofts

HomeApartments in MilwaukeeHistoric Third Ward Riverview Lofts

Are you looking for the perfect place to call home in the heart of the Third Ward? This unit offers two bedrooms/one bathroom and just over 1,150 square feet of open living space. Located on the corner of Water Street and Buffalo Street, this apartment home has new LVT flooring and plush carpet in the bedrooms. West-facing exposure over the River Walk makes for a perfect sunset view in the evening.


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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, Riverview Lofts is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Riverview Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Riverview Lofts
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.
Riverview Lofts 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·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.
Riverview Lofts 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, Riverview Lofts 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.
Riverview Lofts 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.
Riverview Lofts 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.

Riverview Lofts is great for:

Work-from-home

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

Social life

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

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 93 parks nearby
  • 76 gyms or yoga centers 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 Riverview Lofts compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
More space
The 2-bedroom is 95 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
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
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

If you decide to upgrade your space, you can expect 2-bedrooms at Riverview Lofts to be 22% less than the average for similarly sized apartments in Historic Third Ward.

Median rents as of Aug 8 2026.
Historic Third Ward
Milwaukee
A table of 1-bedroom apartment rental data trends in Milwaukee
MonthMedian Rent
August 2024$1,032
September 2024$1,045
October 2024$1,035
November 2024$1,049
December 2024$1,002
January 2025$998
February 2025$998
March 2025$1,000
April 2025$1,057
May 2025$1,081
June 2025$1,097
July 2025$1,119
August 2025$1,144
September 2025$1,116
October 2025$1,099
November 2025$1,091
December 2025$1,095
January 2026$1,101
February 2026$1,101
March 2026$1,095
April 2026$1,095
May 2026$1,105
June 2026$1,099
July 2026$1,096
August 2026$1,095
A table of 1-bedroom apartment rental data trends in Historic Third Ward
MonthMedian Rent
August 2024$1,606
September 2024$1,621
October 2024$1,609
November 2024$1,543
December 2024$1,587
January 2025$1,721
February 2025$1,747
March 2025$1,750
April 2025$1,743
May 2025$1,847
June 2025$1,822
July 2025$1,757
August 2025$1,776
September 2025$1,777
October 2025$1,749
November 2025$1,762
December 2025$1,761
January 2026$1,750
February 2026$1,738
March 2026$1,732
April 2026$1,740
May 2026$1,853
June 2026$1,868
July 2026$1,799
August 2026$1,834

Affordability calculator

Can I afford to live at 249 N Water St?

Bedrooms

2 bedrooms

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

$87,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $87,000 annually to afford this 2-bedrooms median monthly rent price of $2,175.
For more information on rent affordability, visit our rent calculator.

Schools near Riverview Lofts

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-

Acelero Learning - Penfield Children's Center

833 north 26th st

milwaukee, WI, 53233

PKPublic

Grant Gordon Learning Center

921 w meinecke ave

milwaukee, WI, 53206

PK, KPublic
B-

Acelero Learning - JO's Learning Academy

4801 west north ave

milwaukee, WI, 53208

PKPublic
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Internet available near Riverview Lofts

Getting around Milwaukee near 249 N Water St

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 N Water St, 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 N Water St

Foltz Family Market
400 N Water St
Milwaukee Public Market
400 N Water St
Oro Di Oliva
400 N Water St
Metro Market
1123 N Van Buren St
Pick'n Save
605 E Lyon St

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