Updated 4 Days Ago
Location
508 Lakeview Ave, South Milwaukee, WI 53172, USA
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Property Overview
508 Lakeview Ave. (4 Unit) offers a balanced mix of practical appeal and strong features, with a favorable expert rating, solid pros, and several notable characteristics to consider. It stands out for its overall value and functionality while also presenting qualities that may appeal to a range of renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 613 sqft | $1,095 /mo | 1 unit available | Leasing Agent Anna: 262-527-0044 Welcome to our charming 2-bedroom, 1-bathroom apartment located in South Milwaukee, WI. This cozy unit features shared basement coin laundry for your convenience, a storage locker to keep your belongings organized, off-street parking for easy access, and central air to keep you comfortable year-round. With a prime location in South Milwaukee, you'll have easy access to local amenities and attractions. Don't miss out on this fantastic opportunity to make this apartment your new home! Contact us today for more information. [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made |
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Amenities for 508 Lakeview Ave. (4 Unit)
Appliances
| In-Unit Laundry | Range |
| Refrigerator |
Tech
| Stove/Refrigerator |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
About 508 Lakeview Ave. (4 Unit)
Leasing Agent Anna: 262-527-0044 Welcome to our charming 2-bedroom, 1-bathroom apartment located in South Milwaukee, WI. This cozy unit features shared basement coin laundry for your convenience, a storage locker to keep your belongings organized, off-street parking for easy access, and central air to keep you comfortable year-round. With a prime location in South Milwaukee, you'll have easy access to local amenities and attractions. Don't miss out on this fantastic opportunity to make this apartment your new home! Contact us today for more information. [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 508 Lakeview Ave. (4 Unit) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 508 Lakeview Ave. (4 Unit) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
508 Lakeview Ave. (4 Unit) offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
508 Lakeview Ave. (4 Unit) goes above and beyond to provide sought-after conveniences and desirable perks, including stove/refrigerator. Renters looking for popular or luxurious features will find them here—and for that reason, 508 Lakeview Ave. (4 Unit) 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.
508 Lakeview Ave. (4 Unit) 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·6A 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.
While 508 Lakeview Ave. (4 Unit) does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
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 508 Lakeview Ave. (4 Unit) compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2.0 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.9 miles away
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in South Milwaukee
2-bedroom apartments at 508 Lakeview Ave. (4 Unit) cost about 9% less than the average rent price for 2-bedroom apartments in South Milwaukee.
Median rents as of Oct 24 2026.
South Milwaukee
| Month | Median Rent |
|---|---|
| November 2024 | $879 |
| December 2024 | $859 |
| January 2025 | $925 |
| February 2025 | $780 |
| March 2025 | $798 |
| April 2025 | $841 |
| May 2025 | $822 |
| June 2025 | $799 |
| July 2025 | $785 |
| August 2025 | $828 |
| September 2025 | $815 |
| October 2025 | $957 |
| November 2025 | $834 |
| December 2025 | $849 |
| January 2026 | $950 |
| May 2026 | $799 |
| June 2026 | $798 |
| July 2026 | $780 |
| August 2026 | $768 |
| September 2026 | $842 |
| October 2026 | $849 |
Affordability calculator
Can I afford to live at 508 Lakeview Ave?
Bedrooms
2 bedroomsRent-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
$43,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 2-bedrooms monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.
Schools near 508 Lakeview Ave. (4 Unit)
Lakeview Elementary School
711 marion ave
south milwaukee, WI, 53172
PK, K-5Public
B-
Acelero Learning - Cudahy South Center
5885 south packard ave
cudahy, WI, 53110
PKPublic
Acelero Learning - JE Jones Elementary School
5845 south swift ave
cudahy, WI, 53110
PKPublic
Acelero Learning - Cudahy North Center
5809 south packard ave
cudahy, WI, 53110
PKPublic
Forest Ridge Elementary School
2200 w drexel ave
oak creek, WI, 53154
PK, K-5Public
B
Neighborhood
Getting around South Milwaukee near 508 Lakeview Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 508 Lakeview Ave, South Milwaukee
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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