Cheap Apartments for Rent in the Southpoint Neighborhood of Milwaukee, WI from $500 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southpoint area of Milwaukee.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1608 W Lincoln Ave, Unit #2
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
2 Bedroom Apartment Available Now

1608 W Lincoln Ave, Unit #2

1608 W Lincoln AveMilwaukee, WI 53215
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 4610 W Tripoli Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Townhome for Rent

Available Now

4610 W Tripoli Ave

MilwaukeeWI53220
property at 2647 S 28th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

2647 S 28th St

MilwaukeeWI53215
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Cherokee Village
1 to 2 Bedroom Apartments

Cherokee Village

4058 S 43rd StMilwaukee, WI 53220
  • Utilities Included
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2727 S 13th St
1 to 2 Bedroom Apartments

2727 S 13th St

2727 S 13th StMilwaukee, WI 53215
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

3235 S 48th StMilwaukee, WI 53219
  • Utilities Included
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Hunters Square
1 to 2 Bedroom Apartments

Hunters Square

3180 W Dakota StMilwaukee, WI 53215
  • Utilities Included
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4138 S 51st St
1 to 2 Bedroom Apartments

4138 S 51st St

4138 S 51st StMilwaukee, WI 53220
  • Utilities Included
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Parkway South
2 Bedroom Apartments

Parkway South

2433-2551 S 43rd StMilwaukee, WI 53219
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3130 S 48th St
1 Bedroom Apartments

3130 S 48th St

3130 S 48th StMilwaukee, WI 53219
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3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Southpoint, Milwaukee, WI Local Guide

Cheapest Available Southpoint Apartments for Rent

 

The cheapest available apartment rental in the Southpoint area of Milwaukee, WI is a 2 Beds unit found at Corliss priced from $659. Layton Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here are the most affordable Southpoint apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
CorlissSteamline - 40% AMI2BR,2BA$659
Layton GroveOne Bed One Bath1BR,1BA$959
Loomis HillsOne Bed One Bath1BR,1BA$965
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$968
SouthgateOne Bed One Bath1BR,1BA$990
Southport Apartments1 Bedroom1BR,1BA$1,090
51st Street 8 Families2BR/1.0BA2BR,1BA$1,095
Oklahoma Manor 58thOne Bed One Bath1BR,1BA$1,126
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130

Best Value Apartments for Rent in Southpoint, WI

As of June 20, 2026 the best value apartment in the Southpoint area is the $1.46 price per square foot Woodview Model at American Colony in the in the Far South Side neighborhood starting from $1,606. The second greatest value Southpoint apartment is the 2805 S 7th St Model at 2805 S 7th St, Unit 2805 starting at $1,350 with a $1.42 price per square foot in the National Park neighborhood. Here is today’s list of the best values for Southpoint apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
American ColonyWoodview2BR,1.5BA$1.46
2805 S 7th St, Unit 28052805 S 7th St2BR,1BA$1.42
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
Oklahoma GardensTwo Bed One Bath2BR,1BA$1.46
48 on Cold SpringTwo Bedroom/ One Bath2BR,1BA$1.47
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.49
51st Street 8 Families2BR/1.0BA2BR,1BA$1.37
1608 W Lincoln Ave, Unit #21608 W Lincoln Ave2BR,1BA$1.13
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1.26
Oklahoma Manor 58thOne Bed One Bath1BR,1BA$1.53

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Southpoint, Milwaukee, WI

Ranked #101

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southpoint, Milwaukee, WI

School data provided by Great Schools

Frequently Asked Questions about Cheap Southpoint Apartments

How much is rent for a Cheap One Bedroom Southpoint Apartment?

The lowest price for a Cheap One Bedroom Southpoint Apartment is $959 at Layton Grove.

What is the lowest price for a Cheap Two Bedroom Southpoint Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southpoint is starting from $659 at Corliss.

What is the most affordable Southpoint Three Bedroom Apartment?

The best deal on a cheap Southpoint Three Bedroom Apartment rental is at Hide House Lofts Bayview and starts from $1,603.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.