Milwaukee, WI Rental Market Trends
What is the average rent in Milwaukee?
The average rent for an apartment in Milwaukee is $1,308. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Milwaukee, WI
| Average Rent | Average Apartment Size |
|---|---|
| $1,308 | 850 sq. ft. |
What is the average apartment size in Milwaukee?
The average size for a Milwaukee, WI apartment is 850 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Milwaukee, WI Apartment Rent Ranges
Milwaukee, WI Occupied Housing Units
106,823 or 46% of the households in Milwaukee, WI are renter-occupied while 122,404 or 53% are owner-occupied.
Milwaukee, WI Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Milwaukee, WI | $1,162 | $1,178 | $1,195 | $1,185 | $1,197 | $1,210 | $1,203 | $1,198 | $1,244 | $1,291 | $1,308 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Milwaukee, WI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Schlitz Park | $1,613 |
| Historic Third Ward | $1,567 |
| Juneau Town | $1,567 |
| Lower East Side | $1,567 |
| Yankee Hill | $1,567 |
| Lake Park | $1,539 |
| Northpoint | $1,539 |
| Park View | $1,538 |
| Triangle | $1,538 |
| Triangle North | $1,538 |
| Valley Forge | $1,530 |
| Kilbourn Town | $1,499 |
| Clarke Square | $1,472 |
| Clock Tower Acres | $1,472 |
| Harbor View | $1,472 |
| Historic Mitchell Street | $1,472 |
| Mitchell Park | $1,472 |
| Muskego Way | $1,472 |
| Walker's Point | $1,472 |
| Alcott Park | $1,466 |
| Morgan Heights | $1,466 |
| Eastbrook Park | $1,439 |
| Baran Park | $1,417 |
| Bay View | $1,417 |
| Fernwood | $1,417 |
| Jones' Island | $1,417 |
| Mitchell Field | $1,417 |
| Saveland Park | $1,417 |
| Tippecanoe | $1,417 |
| Town of Lake | $1,417 |
| Bluemound Heights | $1,396 |
| Honey Creek Parkway | $1,396 |
| Hillside | $1,396 |
| Cambridge Heights | $1,383 |
| Downer Woods | $1,383 |
| Murray Hill | $1,383 |
| Riverside Park | $1,383 |
| Upper East Side | $1,383 |
| Zoo | $1,353 |
| Brewer's Hill | $1,351 |
| Halyard Park | $1,351 |
| Harambee | $1,351 |
| Haymarket | $1,351 |
| Riverwest | $1,351 |
| Williamsburg Heights | $1,351 |
| Menomonee River Valley | $1,314 |
| Cannon Park | $1,307 |
| Story Hill | $1,290 |
| Grover Heights | $1,261 |
| Calumet Farms | $1,256 |
| Dretzka Park | $1,256 |
| Golden Gate | $1,256 |
| Granville Station | $1,256 |
| Heritage Heights | $1,256 |
| Hilltop Parish | $1,256 |
| Mack Acres | $1,256 |
| Maple Tree | $1,256 |
| Melody View | $1,256 |
| North Granville | $1,256 |
| North Meadow | $1,256 |
| Park Place | $1,256 |
| Pheasant Run | $1,256 |
| Ridgeview | $1,256 |
| Riverton Heights | $1,256 |
| King Park | $1,245 |
| Land Bank | $1,240 |
| Northridge | $1,240 |
| Bradley Estates | $1,233 |
| Brynwood | $1,233 |
| Buchel Park | $1,233 |
| Freedom Village | $1,233 |
| Granville Woods | $1,233 |
| Menomonee River Hills East | $1,233 |
| Northridge Lakes | $1,233 |
| Pollber Heights | $1,233 |
| Servite Woods | $1,233 |
| Whispering Hills | $1,233 |
| Wyrick Park | $1,233 |
| Fair Park | $1,221 |
| Johnson's Woods | $1,221 |
| Veterans Affairs | $1,221 |
| Graceland | $1,220 |
| Town & Country Manor | $1,220 |
| Lincoln Village | $1,199 |
| Polonia | $1,199 |
| Holler Park | $1,192 |
| Mitchell West | $1,192 |
| New Coeln | $1,192 |
| Brown Deer Park | $1,189 |
| Fairfield | $1,189 |
| Havenwoods | $1,189 |
| Lincoln Park | $1,189 |
| Menomonee River Parkway | $1,189 |
| Old North Milwaukee | $1,189 |
| Rufus King | $1,189 |
| Thurston Woods | $1,189 |
| Tripoli Park | $1,189 |
| Avenues West | $1,175 |
| Marquette | $1,175 |
| Menomonee River Hills | $1,169 |
| Garden Homes | $1,148 |
| Castle Manor | $1,132 |
| Clayton Crest | $1,132 |
| College Heights | $1,132 |
| Copernicus Park | $1,132 |
| Goldman Park | $1,132 |
| Gra-Ram | $1,132 |
| Maitland Park | $1,132 |
| Mount Olivet | $1,132 |
| Southpoint | $1,132 |
| Wilson Park | $1,132 |
| Mill Valley | $1,103 |
| Euclid Park | $1,094 |
| West View | $1,094 |
| Morgandale | $1,092 |
| Alverno | $1,024 |
| Fairview | $1,003 |
| Hawley Farms | $1,003 |
| Highwood Estates | $1,003 |
| Lyons Park | $1,003 |
| River Bend | $1,003 |
| White Manor | $1,003 |
| Arlington Gardens | $994 |
| Cooper Park | $994 |
| Golden Valley | $994 |
| Grantosa | $994 |
| Kops Park | $994 |
| Mount Mary | $994 |
| Nash Park | $994 |
| St. Aemilian's | $994 |
| Lindsay Park | $984 |
| Florist Highlands | $983 |
| Little Menomonee Parkway | $983 |
| Park Knoll | $983 |
| Parkway Hills | $983 |
| Silver Swan | $983 |
| Timmerman Airport | $983 |
| Timmerman West | $983 |
| Valhalla | $983 |
| Vogel Park | $983 |
| Midtown Milwaukee | $958 |
| Green Moor | $938 |
| Honey Creek Manor | $938 |
| Red Oak Heights | $938 |
| Rolling Green | $938 |
| Root Creek | $938 |
| Wedgewood | $938 |
| Woodland Court | $938 |
| Jackson Park | $929 |
| Capitol Heights | $904 |
| Dineen Park | $904 |
| Franklin Heights | $904 |
| Grasslyn Manor | $904 |
| Lincoln Creek | $904 |
| Roosevelt Grove | $904 |
| Sunset Heights | $904 |
| Sherman Park | $868 |
| Burnham Park | $847 |
| Forest Home Hills | $847 |
| Harder's Oaks | $847 |
| Layton Park | $847 |
| National Park | $847 |
| Silver City | $847 |
| Southgate | $847 |
| Enderis Park | $813 |
| Lenox Heights | $813 |
| Park West | $813 |
| Saint Joseph | $813 |
| Uptown Milwaukee | $813 |
| Metcalfe Park | $659 |
| Cold Spring Park | $620 |
| Concordia | $620 |
| Hawthorne Glen | $620 |
| Martin Drive | $620 |
| Merrill Park | $620 |
| Miller Valley | $620 |
| The Valley Pigsville | $620 |
| Walnut Hill | $620 |
| Washington Heights | $620 |
| Washington Park | $620 |
| Wick Field | $620 |
What are the most affordable neighborhoods in Milwaukee?
The most affordable neighborhoods in Milwaukee are Cold Spring Park, where the average rent goes for $620/month, Concordia, where renters pay $620/mo on average, and Hawthorne Glen, where the average rent goes for $620/mo. If you’re looking for other great deals, check out the listings from Martin Drive ($620), Merrill Park ($620), and Miller Valley ($620), where the asking prices are below the average Milwaukee rent of $1,308/mo.
What are the most expensive neighborhoods in Milwaukee?
The most expensive neighborhoods in Milwaukee are Lower East Side ($1,567), Yankee Hill ($1,567) and Schlitz Park ($1,613).
What are the most popular neighborhoods in Milwaukee?
The most popular neighborhood in Milwaukee is Lower East Side, where there are 11 verified RentCafe listings with an average rent of $1,567. Next up is Kilbourn Town, where apartments go for $1,499/month, followed by Walker's Point with $1,472 If you’re looking to rent in Milwaukee’s most popular neighborhoods, make sure to also check out Harbor View, where renters pay $1,472 on average, and Juneau Town, where the average monthly rent is $1,567.
Milwaukee | Rent Comparison by Neighborhood
Rent in Alcott Park is 43% higher than in Alverno
Alcott Park rent is 12% higher than Milwaukee average
| Average Rent | $1,466 |
|---|
Alverno rent is 22% lower than Milwaukee average
| Average Rent | $1,024 |
|---|
How Milwaukee Compares to Other Cities
| City | Average Rent |
|---|---|
| Madison | $1,411 |
| Milwaukee | $1,308 |
| Brookfield | $1,461 |
| Wauwatosa | $1,299 |
| Middleton | $1,284 |
| New Berlin | $1,369 |
| Waukesha | $1,162 |
| Oak Creek | $1,320 |
| Cedarburg | $1,189 |
| Franklin | $1,251 |
| Greenfield | $1,144 |
| Mequon | $2,142 |
| Hales Corners | $1,516 |
| Hartland | $1,326 |
| Menomonee Falls | $1,466 |
| West Allis | $1,120 |
| West Bend | $1,108 |
Most Popular Apartments in Milwaukee
Deer Trail Apartments
9800-9875 Menomonee Park Court, Milwaukee, WI 53225- 2 BEDS
- 3 BEDS
- $800
- Ask for pricing