| STUDIO | Ask for Pricing |
| 1 BED | $1,515 |
| 2 BEDS | $1,780+ |
| 1 BED | Ask for Pricing |
| 2 BEDS | $1,700+ |
| 3 BEDS | Ask for Pricing |
| 2 BEDS | $4,450 |
Rental prices in Downtown Milwaukee, Milwaukee, WI have increased by 1.68% over the past year. The average rent moved from $2,038 to $2,072.
Check out the average rent in Milwaukee.
The national average price of rental apartments is $1,750, while the average monthly rent in Downtown Milwaukee, Milwaukee, WI is $2,072.
The average monthly rent for an apartment in Downtown Milwaukee, Milwaukee, WI is around $2,072.
A share of 2% of apartments in Downtown Milwaukee, Milwaukee, WI have the cheapest rents between ≤ $1000. Around 20% of rentals are $2,001-$2,500. Around 22% of Downtown Milwaukee's apartments have monthly rents between $1,001-$1,500. There are 38% of apartments with rents between $1,501-$2,000. A share of 7% of apartment rentals in Milwaukee are in the $2,501-$3,000 range. Meanwhile, 12% of apartment rentals in Milwaukee are in the > $3,000 range.
The largest share of rentals in Downtown Milwaukee, Milwaukee, WI (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Downtown Milwaukee, Milwaukee, WI were last updated on 17 Nov 2025.
The best apartments in Downtown Milwaukee, Milwaukee, WI are: Grand Wisconsin, MKE Lofts, Vim Vigor Lofts, Blue Ribbon Lofts and Boston Lofts.
The average rent in Downtown Milwaukee, Milwaukee, WI is $1,731.
The price range for a studio apartment in Downtown Milwaukee, Milwaukee, WI is between $1,235 and $2,495.
The price range for a 1-bedroom apartment in Downtown Milwaukee, Milwaukee, WI is between $1,515 and $3,485.
The price range for a 2-bedroom apartment in Downtown Milwaukee, Milwaukee, WI is between $1,550 and $5,632.
The price range for a 3-bedroom apartment in Downtown Milwaukee, Milwaukee, WI is between $1,235 and $3,025.
In Downtown Milwaukee, 82% of the residents are renting compared to 18% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 55% of Downtown Milwaukee’s rentals, 43% are small-scale complexes with under 50 units, and 2% are single-family rentals.
With the Milwaukee River to the east; I-43 to the west; interstates 794 and 94 to the south; and Walnut Street to the north, downtown Milwaukee is a variety of mixed-use commercial and residential spaces with competitively priced rentals. For instance, located between the Milwaukee River and Milwaukee Bay, renters in East Town enjoy a restaurant and shopping district, while renting in Westown is considered the entertainment district, and the Historic Third Ward (slightly south of East Town) is a series of former industrial warehouses converted into trendy shops, galleries and places to eat. Notably, renters in downtown Milwaukee are serviced by Golda Meir School, Rufus International Middle School, Shalom High School, Riverside University High School and other learning institutions. The rentals in downtown Milwaukee are also just minutes from Aurora Hospital.
From the Betty Brinn's Children's Museum and Discovery World to the Grohmann Museum and Harley-Davidson Museum, many attractions are located just a short distance from the apartment rentals in downtown Milwaukee. Here, the historical houses for rent may have a "Cream City" architectural style in which a faded yellow appearance is caused by the use of native Milwaukee clay. However, most of the downtown Milwaukee rentals were built more recently and have a more modern or contemporary architecture. While some of the larger houses have been converted into apartment rentals with one to three bedrooms, there are also many more luxury apartments in Milwaukee with the same number of bedrooms and scenic views overlooking the water. There's also a small number of townhouses for rent near East Town with two to four bedrooms and contemporary architecture.
In total, Downtown Milwaukee, Milwaukee, WI has 9,803 residents, 4,687 women and 5,117 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Milwaukee’s population is 31.
The rentals in downtown Milwaukee are within walking distance of almost every local attraction, restaurant and independent grocery store available. To that end, the Milwaukee Public Library - built in the late 1800s - offers renters tours, as well as special events, and can be found next to the Wisconsin Talking Book and Braille Library. Or, nearby parks when renting in downtown Milwaukee include Norris Park and Zeidler Union Square (which has a farmers' market every week). Otherwise, renters go to The United Neighborhood Centers to work on local clean-up programs, employment initiatives, and other culturally enriching events and volunteer work. Renters also enjoy going to The Avenue MKE, which is a three-story shopping mall with restaurants. There's also Access Boutique, Museum Marketplace and, for Milwaukee-themed clothing, renters go shopping at Urban Milwaukee: The Store.
There is a total of 5,804 households in Downtown Milwaukee, Milwaukee, WI. Of these, 250 have children and 5,555 are without children. Per Census Bureau’s most current estimates, 1,171 family households and 4,633 non-family households live in this area. The size of a household in Downtown Milwaukee is 0.95 people, on average. The median household annual income in Downtown Milwaukee equals $68,482, and the monthly housing costs equal $1,410.
When renting in downtown Milwaukee, public transportation is made easy. Specifically, The Hop Streetcar takes renters to East Town, Westown, the Historic Third Ward and Lower East Side. Similarly, the Milwaukee County Transit System has four bus routes that take renters through downtown Milwaukee - BlueLine, GoldLine, GreenLine, PurpleLine and RedLine. Or, the Downtown Skywalk System is a nearly two-mile stretch of aerial pedestrian walkways that take renters to all of the major downtown areas. And, Bublr Bikes has kiosks for bike rentals. Finally, the closest major airport when renting in downtown Milwaukee is General Mitchell International Airport, which is 10 miles south via I-43.
According to data from the U.S. Census Bureau, 1% of the population in Downtown Milwaukee, Milwaukee, WI have no high school education, 17% went to high-school, and 22% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 21% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Downtown Milwaukee, Milwaukee, WI. Easily search through a wide selection of apartments for rent in Downtown Milwaukee, 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 Downtown Milwaukee, Milwaukee, WI apartments with rents starting from $1,095 and submit your rental application today!
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