Cheap Apartments for Rent in the Southpoint Neighborhood of Milwaukee, WI from $500 (37 Rentals)

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

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Cherokee Village
1 to 2 Bedroom Apartments

Cherokee Village

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

2727 S 13th St

2727 S 13th StMilwaukee, WI 53215
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3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

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

Hunters Square

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

4138 S 51st St

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

Parkway South

2433-2551 S 43rd StMilwaukee, WI 53219
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3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215
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4340 W Loomis
1 to 2 Bedroom Apartments

4340 W Loomis

4340 W Loomis RdGreenfield, WI 53220
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Showing Results 1-37, Page 1 of 1

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 Studio unit found at The Landing at 1st Street priced from $860. 3130 S 48th St. - 8 Family has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Southpoint apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Landing at 1st StreetStudioStudio,1BA$860
3130 S 48th St. - 8 Family1BR/1.0BA1BR,1BA$875
Oklahoma GardensJuniper1BR,1BA$990
3270 S 49th StOne Bed One Bath1BR,1BA$995
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1,009
SouthgateAlcove1BR,1BA$1,013
Southport Apartments1 Bedroom1BR,1BA$1,040
51st Street 8 Families2BR/1.0BA2BR,1BA$1,050
Alverno Pool Apartments1B1B1BR,1BA$1,075
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1,095

Best Value Apartments for Rent in Southpoint, WI

As of November 14, 2025 the best value apartment in the Southpoint area is the $1.14 price per square foot L Model at Heritage Village Apartments in the in the Gra-Ram neighborhood starting from $1,255. The second greatest value Southpoint apartment is the Landing Model at Layton 1900 starting at $1,350 with a $1.32 price per square foot in the Far South Side 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.
Heritage Village ApartmentsL2BR,2BA$1.14
Layton 1900Landing2BR,1BA$1.32
3270 S 49th StOne Bed One Bath1BR,1BA$1.23
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.36
51st Street 8 Families2BR/1.0BA2BR,1BA$1.31
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1.32
Oklahoma ManorMontana2BR,1BA$1.46
5821 W Lincoln Ave1 Bd / 1 Ba1BR,1BA$1.47
SouthgateTerrace2BR,1BA$1.55
Alverno Pool Apartments1B1B1BR,1BA$1.54

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Pet Friendly Lifestyle
Southpoint, Milwaukee, WI

Ranked #112

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

Getting Around the Southpoint Neighborhood in Milwaukee, WI

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

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.

Frequently Asked Questions about Cheap Southpoint Apartments

What is the price of a cheap apartment in Southpoint?

The cheapest apartment in Southpoint is 3130 S 48th St. - 8 Family which is listed at $875, while the average apartment in Southpoint costs $2,000.

What types of apartments are the cheapest in Southpoint?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Southpoint that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southpoint?

Cheap apartments in Southpoint have an average cost of $267 which is $1,733 cheaper than the average rent for all rentals in Southpoint.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.