The average monthly rent of apartments in Milwaukee, WI is $1,361.
The average monthly rent of apartments in Milwaukee, WI is $1,361.
About 35% of apartment rents in Milwaukee, WI range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 19% of apartments. Around 27% of Milwaukee’s apartments are in the $701-$1,000 price range. 6% of apartments are priced between $501-$700.
Compared to the national average rent of $1,706, the average rent in Milwaukee, WI is $1,361.
Prices and availability in Milwaukee, WI were last updated on 6 Oct 2022.
The average rent in Milwaukee, WI is $1,361. Start your search for apartments in Milwaukee, WI now.
The price range for a studio apartment in Milwaukee, WI is between $495 and $2,599. View all studio apartments in Milwaukee, WI.
The price range for a 1-bedroom apartment in Milwaukee, WI is between $360 and $2,599. Browse all available 1-bedroom apartments in Milwaukee, WI now.
The price range for a 2-bedroom apartment in Milwaukee, WI is between $670 and $3,186. Browse and find a 2-bedroom apartment in Milwaukee, WI.
The price range for a 3-bedroom apartment in Milwaukee, WI is between $710 and $2,885. Browse all available 3-bedroom apartments in Milwaukee, WI.
In Milwaukee, 59% of the residents are renting compared to 41% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Milwaukee’s rentals, 69% are small-scale complexes with under 50 units, and 18% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Milwaukee are about 39 years old, on average. Of these, 31% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 67% of the rental communities here are low-rise, garden-style communities, 25% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Milwaukee are around 5% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 38% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Milwaukee is known for a multitude of things: Its Great Lake Michigan access and boating, brewing traditions, and rich historical and artistic cultures. The city boasts of beautiful, towering architecture (both modern and historical) and gorgeous city parks.
Milwaukee is the largest city in the state of Wisconsin and, impressively, is the fifth largest city in the Midwest. It spans 96.8 square miles along the coast of the Great Lake Michigan. The city and its suburbs are home to a vast number of children under the age of 20 and young professionals aged up to 34, who round the numbers that make Milwaukee the 31st most populous city in the U.S.
The average commute time from one part of the city to the other is ten to twenty minutes. By car, Milwaukee is approximately a one-and-a-half-hour commute to Chicago, IL (93 miles); one hour and twenty minutes to Madison, WI (79 miles); and five hours to Minneapolis, MN (337 miles).
Milwaukee’s location as a port city brings about rapidly changing, extreme weather. Winters here are cold, windy, and feature blizzards. The highest average winter temperature is only 28 degrees Fahrenheit with an average low temperature of 13 degrees Fahrenheit. Summers are hot and humid. The average summer high temperature is 81 degrees Fahrenheit with an average low of 62 degrees Fahrenheit.
Milwaukee has been named one of the 10 Most Exciting Cities for millennials. Simultaneously, it also made the list of 10 Most Dangerous Cities and that of America’s Drunkest Cities.
If you’re moving to the city to pursue higher education, a good option for you are the apartments lying east of the Milwaukee River. The neighborhoods in this region are more suited for young professionals and academics.
It’s important to familiarize yourself with Wisconsin’s laws regarding tenants’ rights and responsibilities.
Know that if you live in an apartment complex which rents by the month, the landlord must give you a termination notice of at least 28 days prior to your next rent’s due date. If you wish to terminate your lease, you must give your landlord this same notification.
If signing for a six-month or one-year lease, know that landlords are not mandated to automatically renew the lease. In fact, they can sign somebody else to the sequential lease period without notifying you.
Milwaukee, WI has a population of 592,649 according to the most recent data from the U.S. Census Bureau. 306,690 of Milwaukee’s residents are women and 285,959 are men. The median age of those who live in Milwaukee, WI is 31.4.
All city living comes with its highs and lows.
When it comes to the best that money can buy, residents will never go without quality beer, divine cheeses, and supply of coffee. Nor will they ever run out of things to do. The city has numerous parks and bike paths, sporting events, small music venues featuring local artists, museums, and clubs.
Locals rave about the city’s ethnic diversity, as the intercultural landscape brings many foreign, authentic cuisine restaurants to the area.
The city also has a history of high crime rates and unsafe neighborhoods. Year-to-year, there are reports of burglaries and street robberies, and even some more serious incidents.
According to U.S. Census data, there are 229,227 households in Milwaukee, WI. 122,404 are family households and 106,823 are non-family households. There are 69,662 households with children in Milwaukee and 159,565 households without children. On average, about 2.51 people live in a household in Milwaukee, WI.
Attending a sporting event is a great family activity and three of Wisconsin’s major national sports teams are situated in Milwaukee. The city is also home to the Milwaukee Brewers (Baseball), the Milwaukee Bucks (Basketball), and the Milwaukee Admirals (Ice Hockey). Purchase tickets to a Brewers game and chow down on bratwursts at Miller Park. For basketball and ice hockey games, head on over to the Bradley Center.
Milwaukee has quite a few history and art museums. See the famous Milwaukee Art Museum or visit the Milwaukee Public Museum of natural history and science (this one even has an IMAX theater!). The Discovery World Museum is also great for your science hankering. Alternative museums include the Harley-Davidson Museum and the Pabst Mansion.
Milwaukee is also known for its hip music scene. Milwaukee's Summerfest claims to be “The World’s Largest Music Festival." Summerfest is held at the 75-acre Henry Maier Festival Park. These same grounds continually host the Vans Warped Tour, with smaller events taking place at The Rave/Eagles Club. The Pabst Theater is also a must-see.
Milwaukee’s economy relies largely on manufacturing, and high-end technology research and developments. It ranks 5th by number of Fortune 500 companies, being home to companies like Harley-Davidson, Northwestern Mutual, Manpower, Johnson Controls, Rockwell Automation, and Joy Global. The fastest growing fields are those in servicing, managerial, and health care.
The level of education of the population of Milwaukee, WI is as follows: 5% have no high school education, 42% completed some high school, 24% partially completed college, 6% have an Associate Degree, 15% have a Bachelor Degree, and 7% have a Graduate Degree.
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