Apartments for Rent in Milwaukee, WI - Rated by Verified Residents

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Average rent in Milwaukee, WI

$1,541/mo Milwaukee, WI average rental price, February 2025

The average monthly rent of apartments in Milwaukee, WI is $1,541.

Milwaukee, WI apartment rent ranges

About 27% of apartment rents in Milwaukee, WI range between $1,501-$2,000. Meanwhile, apartments priced over $2,001-$2,500 represent 11% of apartments. Around 36% of Milwaukee’s apartments are in the $1,001-$1,500 price range. 20% of apartments are priced ≤ $1000.

Milwaukee, WI rent trends

Check out the average rent prices in Milwaukee by neighborhood.

Compared to the national average rent of $1,751, the average rent in Milwaukee, WI is $1,541.

Getting around in Milwaukee, WI

68 /100

Somewhat Walkable

52 /100

Good Transit

51 /100

Bikeable

Walk Score®: 68, Transit Score®: 52, Bike Score®: 51

Frequently asked questions

When were prices and availability in Milwaukee, WI last updated?

Prices and availability in Milwaukee, WI were last updated on 19 Mar 2025.

What are the best apartments in Milwaukee, WI?

The best apartments in Milwaukee, WI are: Prospect East Apartments, The North End, River Edge, River Court and 3270 N 83rd St.

What is the average rent in Milwaukee, WI?

The average rent in Milwaukee, WI is $1,519.

What is the price range for a studio apartment in Milwaukee, WI?

The price range for a studio apartment in Milwaukee, WI is between $710 and $4,155.

What is the price range for a 1-bedroom apartment in Milwaukee, WI?

The price range for a 1-bedroom apartment in Milwaukee, WI is between $750 and $3,255.

What is the price range for a 2-bedroom apartment in Milwaukee, WI?

The price range for a 2-bedroom apartment in Milwaukee, WI is between $875 and $4,315.

What is the price range for a 3-bedroom apartment in Milwaukee, WI?

The price range for a 3-bedroom apartment in Milwaukee, WI is between $857 and $6,770.

What type of rental buildings are in Milwaukee, WI?

In Milwaukee 58% of the housing is rented out compared to 42% of homes are owned, according to the most recent Census Bureau estimates. 15% of Milwaukee’s apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

What do typical apartment communities look like in Milwaukee, WI?

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, 32% 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 74% of the rental communities here are low-rise, garden-style communities, 24% are mid-rises, and 9% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Milwaukee, WI?

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, WI in the news

2024 Year-End Report: Miami’s Competitiveness Wanes With Suburban Chicago and Milwaukee Closing In

Homebuying challenges and a tight housing supply have driven a surge in rental demand in Milwaukee — now the third-hottest market for renters with an RCI score of 85.7, up from 80.3 in 2023.

From Coast to Coast: Which Are the Most Livable Places in the U.S. in 2024?

Coming in at number six is the Milwaukee-Waukesha metro area, where the secret to success is all about living life well (#4 in quality of life).

Chicagoland Matches Miami for Hottest Rental Market, Fueled by Rise of the Midwest

Milwaukee is the third-most competitive rental market this peak season with an RCI score of 90.7.

Chicago, Silicon Valley Challenge Miami as Hottest Rental Markets

With an RCI score of 81.2, Milwaukee is close behind, ranking third in the Midwest and fifth nationwide.

Adaptive Reuse Surges Again With 151K Upcoming Units; Hotel Conversions Overtake Offices in 2023

Milwaukee stood out with two notable projects completed in 2023: The historic Milwaukee Sentinel building transformed into a 141-unit apartment community, while the 120-year-old Underwriters Exchange Building in Downtown Milwaukee was reborn as 75 affordable apartments.

America's Hottest Rental Markets at the Start of 2024: Miami Holds Leading Spot

Milwaukee shines as the second hottest rental market at the start of 2024, with an RCI score of 87. With a flourishing job market and an affordable cost of living that only adds to its appeal, the metro presents attractive housing opportunities for renters, especially in coveted areas near major employers.

2023 Year-End Report: Miami Tops U.S. Hottest Markets, but the Midwest Heats Up the Competition

The nation’s third-hottest rental market this year — and leading in the Midwest — was Milwaukee (RCI score 113), where more than half of the population rents, according to the U.S. Census Bureau.

1 in 5 Millennials & Two-Thirds of Gen Z Struggle to Leave the Nest

In the case of Gen Z, it's Milwaukee, WI that takes the crown when it comes to young adults leaving their parental home — 62% fewer Zoomers live in multigenerational households now than they did five years ago.

Competition for Apartments Intensifies in Midwest This Rental Season, but Miami Holds Onto 1st Place

Milwaukee emerged as the second most competitive rental market in the country in peak rental season. Despite a 0.91% uptick in newly built apartments, newcomers are having a very hard time finding a rental here. As such, 70% of apartment dwellers in Milwaukee chose to stay put in peak rental season.

Dreaming of Living in a House as a Renter? Here Are The Most Affordable U.S. Markets for Single-Family Rentals

As the largest metropolitan area in the state of Wisconsin, located just an hour and a half away from Chicago, Milwaukee ranks third when it comes to best spots for single-family rentals. Renters in the unofficial capital of baseball and breweries have to spend just $1,317 per month for a home rental.

Living in Milwaukee, WI

As Wisconsin's largest city, Milwaukee offers local renters plenty of rich history, culture and fun things to do. Specifically, the city is located on the shores of Lake Michigan and at the confluence of the Milwaukee, Menomonee and Kinnickinnic rivers. Sailing is a very popular activity for local renters, and the city also has a beautiful riverwalk downtown to take advantage of the city's natural geography. The city is arguably best known for its beer industry: Iconic breweries - like Miller, Pabst and Schlitz - all got their start in Milwaukee, and there are still many craft breweries in the city today. Milwaukee is also a melting pot of diverse cultures, as there has been a long tradition of immigrants renting in the area. These cultures also influence the city's exciting food scene, which features everything from European to African to Latin foods. Local renters also enjoy celebrating the city's diversity with exciting summer festivals. Additionally, Milwaukee renters have access to some of the most celebrated museums in the Midwest, including the Milwaukee Art Museum, Milwaukee Public Museum and Discover World.

Beyond the vibrant daily life, those renting in Milwaukee benefit from a strong sense of community and an array of amenities. The city's numerous parks and green spaces offer a respite from the urban environment, with activities ranging from biking to bird watching. In winter, the community comes together to enjoy seasonal sports like ice skating and hockey, demonstrating Milwaukee's year-round appeal.

Renting in Milwaukee, WI

Milwaukee is a highly walkable city with relatively dense neighborhoods. Here, neighborhoods located downtown and along the lakefront have many high-rise apartments and historic rental properties. Then, as you move away from the lakefront, you'll find more single-family homes, as well as "Polish flats," which are two-story buildings with one apartment on each floor. Notably, Milwaukee has relatively affordable rental prices, especially when compared to larger Midwest cities, like Chicago. Rental properties in Milwaukee feature a wide range of historic architecture styles, including unique Tudor, Victorian Gothic, Italianate and German Renaissance Revival styles. This gives each neighborhood its own unique character. Marquette University and the University of Wisconsin-Milwaukee are also both located in the city, and there are many apartments nearby that cater to college students.

Shopping in Milwaukee, WI

Renters will find a variety of unique shopping options in Milwaukee. For instance, the Historic Third Ward has become a thriving shopping destination downtown, and the Milwaukee Public Market is a particularly popular place to visit for both local renters and visitors. Meanwhile, trendy neighborhoods - like the Lower East Side and Bayview - also have a great selection of local boutiques. Or, for even more shopping options, renters can head to the nearby suburb of Wauwatosa, where they'll find the Mayfair mall, which contains a variety of large department stores. National chains, like Target and T.J.Maxx, also have locations here. Otherwise, grocery options for Milwaukee renters include chains like Meijer and Whole Foods, as well as a variety of local grocers.

Transportation in Milwaukee, WI

Many Milwaukee renters opt to drive to get around the city because it's one of the fastest ways to get between neighborhoods and having a car can be particularly helpful in the cold winter months. So, when choosing an apartment, renters should look for options with underground parking to prevent weather damage and keep their vehicles safe. Alternatively, there are a variety of other transportation options available in Milwaukee, as well. To that end, the Hop streetcar runs from downtown to the Lower East Side, and the city has a network of both local and express buses. Many renters also opt to bike in the summer months, and there's even a bike share program called Bublr. Or, for regional travel, Amtrak has a station in Milwaukee that provides renters with service to Chicago, Minneapolis and many other cities. Finally, the nearest airport is Milwaukee Mitchell International Airport, which is on the south side of town.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Milwaukee, WI. Easily search through a wide selection of apartments for rent in Milwaukee, WI, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Milwaukee, WI apartments with rents starting from $710 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

STUDIO	$1,296+
1 BED	$1,677+
2+ BEDS	$2,287+

1 BED	Ask for Pricing
2 BEDS	Ask for Pricing

1 BED	$1,771+
2 BEDS	$1,988
3 BEDS	$3,777

STUDIO	$1,850+
1 BED	$2,010+
2+ BEDS	$2,570

2 BEDS	Ask for Pricing
3 BEDS	Ask for Pricing

1 BED	$1,445+
2 BEDS	$1,745+

1 BED	$1,290+
2 BEDS	$1,400+

STUDIO	$725+
1 BED	$825+
2+ BEDS	$1,025+

1 BED	$1,085
2 BEDS	$1,325

Apartments for Rent in Milwaukee, WI 447 Rentals Available

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