Cheap Apartments for Rent in the Southpoint Neighborhood of Milwaukee, WI from $500 (63 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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property at 2435 S 9th St

$895 - $1,025

2 Bedroom Rentals

Available Now

2435 S 9th St

MilwaukeeWI53215

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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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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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
  • Utilities Included

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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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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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
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2467 S Burrell St
1 to 3 Bedroom Apartments

2467 S Burrell St

2467 S Burrell StMilwaukee, WI 53207
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5821 W Lincoln Ave
1 Bedroom Apartments

5821 W Lincoln Ave

5821 W Lincoln AveMilwaukee, WI 53219
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Studio unit found at The Landing at 1st Street priced from $860. Corliss has the second lowest priced unit, which is a 1 Bed apartment currently listed from $962. Here are the most affordable Southpoint apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Landing at 1st StreetStudioStudio,1BA$860
CorlissLOGGER1BR,1BA$962
Loomis HillsArlington1BR,1BA$1,046
Oklahoma GardensJuniper1BR,1BA$1,060
Layton GroveWillow1BR,1BA$1,072
51st Street 8 Families2BR/1.0BA2BR,1BA$1,095
SouthgateAlcove1BR,1BA$1,095
Alverno Pool Apartments1B1B1BR,1BA$1,110
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130
Oklahoma ManorFairview1BR,1BA$1,168

Best Value Apartments for Rent in Southpoint, WI

As of May 06, 2026 the best value apartment in the Southpoint area is the $1.73 price per square foot Woodview Model at American Colony in the in the Far South Side neighborhood starting from $1,899. The second greatest value Southpoint apartment is the Midland Model at Oklahoma Manor starting at $1,607 with a $1.66 price per square foot in the Southwest 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.
American ColonyWoodview2BR,1.5BA$1.73
Oklahoma ManorMidland2BR,2BA$1.66
Greenbrook ApartmentsTwo Bedroom One Bath2BR,1BA$1.53
RaviniaConcord1BR,1BA$1.80
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
51st Street 8 Families2BR/1.0BA2BR,1BA$1.37
Layton GroveSpruce2BR,1BA$1.65
SouthgateTerrace2BR,1BA$1.65
Alverno Pool Apartments1B1B1BR,1BA$1.59
Loomis HillsArlington1BR,1BA$1.72

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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 #78

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

What is a cheap apartment in Southpoint?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southpoint is under $1,168.

What is the price of a cheap apartment in Southpoint?

The cheapest apartment in Southpoint is Corliss which is listed at $962, while the average apartment in Southpoint costs $1,782.

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 61 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 $383 which is $1,399 cheaper than the average rent for all rentals in Southpoint.

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.

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

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.