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Monthly Rent
$1,680 - $2,150
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Bedrooms
2 - 3 bd
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Bathrooms
2 - 2.5 ba
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Square Feet
1,300 - 2,200 sq ft
Find your home at Parkwood Lake Apartments in Franklin, WI. Seven buildings set over 15.5 sprawling acres. Parkwood Lake is perfectly located for those looking to live outside of the hustle and bustle of the city while maintaining an easy commute to downtown Milwaukee. Parkwood Lake offers spacious apartment homes and bi-level lofted units with plenty of space! Every apartment comes with two indoor, parking spaces, central AC, in-home washer and dryer, gas fireplace, whirlpool bathtub, and more! Learn more about our great amenities, our beautiful neighborhood, and our well-equipped apartment homes for rent in Franklin. Check out our floor plans, view the photo gallery, and when you’re ready, schedule a tour of your future home in Franklin, WI!
Highlights
- Dock
- Loft Layout
- Den
- Yard
- Security System
- High Ceilings
- Walk-In Closets
- Lake Access
- Fireplace
Pricing & Floor Plans
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 mo
Property Information
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Built in 1997
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88 units/2 stories
About Overlook on Prospect
Find your home at Parkwood Lake Apartments in Franklin, WI. Seven buildings set over 15.5 sprawling acres. Parkwood Lake is perfectly located for those looking to live outside of the hustle and bustle of the city while maintaining an easy commute to downtown Milwaukee. Parkwood Lake offers spacious apartment homes and bi-level lofted units with plenty of space! Every apartment comes with two indoor, parking spaces, central AC, in-home washer and dryer, gas fireplace, whirlpool bathtub, and more! Learn more about our great amenities, our beautiful neighborhood, and our well-equipped apartment homes for rent in Franklin. Check out our floor plans, view the photo gallery, and when you’re ready, schedule a tour of your future home in Franklin, WI!
Overlook on Prospect is an apartment community located in Milwaukee County and the 53132 ZIP Code. This area is served by the Franklin Public attendance zone.
Community Amenities
Recycling
Grill
Maintenance on site
Wheelchair Accessible
- Maintenance on site
- Security System
- Recycling
- Wheelchair Accessible
- Grill
- Lake Access
- Pond
- Dock
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
Loft Layout
High Speed Internet Access
Walk-In Closets
Island Kitchen
Yard
Indoor Features
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Storage Space
- Double Vanities
- Tub/Shower
- Fireplace
- Handrails
- Intercom
- Sprinkler System
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Island Kitchen
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Quartz Countertops
Model Details
- Carpet
- Vinyl Flooring
- Dining Room
- High Ceilings
- Den
- Vaulted Ceiling
- Walk-In Closets
- Loft Layout
- Window Coverings
- Large Bedrooms
- Balcony
- Patio
- Yard
- Lawn
- Dock
Nestled in southeastern Wisconsin, Franklin is a peaceful suburb named after Benjamin Franklin. Families in particular are drawn to Franklin for its top-notch schools, close community, diverse recreational opportunities, and its convenience to Milwaukee.
Franklin fosters a strong sense of community and small-town atmosphere through a range of annual events like the Franklin Civic Celebration, St. Martins Fair, Summer Concerts in the Park, National Night Out, Arbor Day Celebration, and much more.
Enjoying the outdoors in and around Franklin is easy, with Root River Parkway, Milwaukee County Sports Complex, Tuckaway Country Club, Whitnall Park, and Boerner Botanical Gardens all located within close proximity.
Modern conveniences are plentiful at Franklin’s various shopping centers in addition to nearby Southridge Mall and 7 Mile Fair. The many offerings of Downtown Milwaukee and Downtown Chicago are just a short drive away from Franklin as well.
Learn more about living in Franklin- Maintenance on site
- Security System
- Recycling
- Wheelchair Accessible
- Grill
- Lake Access
- Pond
- Dock
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Storage Space
- Double Vanities
- Tub/Shower
- Fireplace
- Handrails
- Intercom
- Sprinkler System
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Island Kitchen
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Quartz Countertops
- Carpet
- Vinyl Flooring
- Dining Room
- High Ceilings
- Den
- Vaulted Ceiling
- Walk-In Closets
- Loft Layout
- Window Coverings
- Large Bedrooms
- Balcony
- Patio
- Yard
- Lawn
- Dock
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 12 min | 5.0 mi | |
| Drive: | 14 min | 5.5 mi | |
| Drive: | 19 min | 7.9 mi | |
| Drive: | 21 min | 11.5 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Overlook on Prospect Photos
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Overlook on Prospect
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Overlook on Prospect has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Overlook on Prospect. Contact this property for details.
Overlook on Prospect has two to three-bedrooms with rent ranges from $1,680/mo. to $2,150/mo.
Yes, Overlook on Prospect welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,680 for a two-bedrooms, you would need to earn about $67,200 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Overlook on Prospect is not currently offering any rent specials. Check back soon, as promotions change frequently.
Overlook on Prospect does not offer Matterport 3D tours. Send a message to this property for details about tour scheduling and unit availability.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources