Milwaukee, WI Rental Market Trends
Highlights
The average rent for an apartment in Milwaukee is $1,125, a 1% increase compared to the previous year, when the average rent was $1,112.
Studio apartments in Milwaukee rent for $825 a month, while 1-bedroom apartments ask on average $1,009 a month; the average rent for a 2-bedroom apartment is $1,216.
Average Rent in Milwaukee, WI
Last updated Nov 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,125 | $825 | $1,009 | $1,216 | $1,440 |
| Y-o-Y Change | 1% | -4% | 2% | 1% | 1% |
| Average Apartment Size | 869 sq. ft. | 522 sq. ft. | 695 sq. ft. | 1,013 sq. ft. | 1,300 sq. ft. |
The average size for a Milwaukee apartment is 869 square feet, but this number varies greatly depending on apartment type. A studio averages 522 sq. ft., while a one-bedroom apartment offers a more generous square footage: 695. 2-bedroom apartments in Milwaukee have an average size of 1,013 sq. ft.
Milwaukee, WI Apartment Rent Ranges
- < $5004%
- $501-$70038%
- $701-$1,00032%
- $1,001-$1,50026%
- $1,501-$2,0001%
Milwaukee, WI Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Nov / 2018 | $1,125 | $825 | $1,009 | $1,216 | $1,440 |
| Jan / 2018 | $1,120 | $824 | $1,008 | $1,205 | $1,431 |
| Sept / 2017 | $1,114 | $862 | $999 | $1,198 | $1,408 |
| May / 2017 | $1,112 | $857 | $991 | $1,201 | $1,431 |
| Jan / 2017 | $1,092 | $792 | $970 | $1,183 | $1,388 |
| Sept / 2016 | $1,083 | $798 | $963 | $1,170 | $1,380 |
| May / 2016 | $1,087 | $818 | $958 | $1,180 | $1,374 |
| Jan / 2016 | $1,067 | $805 | $943 | $1,156 | $1,356 |
| Sept / 2015 | $1,058 | $782 | $927 | $1,151 | $1,380 |
| May / 2015 | $1,052 | $764 | $923 | $1,144 | $1,339 |
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Average Rent in Milwaukee, WI By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| St. Aemilian's | $779 | $540 | $681 | $802 | $925 |
| Nash Park | $779 | $540 | $681 | $802 | $925 |
| Mount Mary | $779 | $540 | $681 | $802 | $925 |
| Kops Park | $779 | $540 | $681 | $802 | $925 |
| Grantosa | $779 | $540 | $681 | $802 | $925 |
| Golden Valley | $779 | $540 | $681 | $802 | $925 |
| Cooper Park | $779 | $540 | $681 | $802 | $925 |
| Arlington Gardens | $779 | $540 | $681 | $802 | $925 |
| Jackson Park | $793 | $491 | $686 | $908 | $955 |
| Sherman Park | $796 | $585 | $672 | $855 | $975 |
| Woodland Court | $825 | $634 | $750 | $878 | $1,091 |
| Wedgewood | $825 | $634 | $750 | $878 | $1,091 |
| Root Creek | $825 | $634 | $750 | $878 | $1,091 |
| Rolling Green | $825 | $634 | $750 | $878 | $1,091 |
| Red Oak Heights | $825 | $634 | $750 | $878 | $1,091 |
| Honey Creek Manor | $825 | $634 | $750 | $878 | $1,091 |
| Green Moor | $825 | $634 | $750 | $878 | $1,091 |
| Alverno | $833 | $542 | $732 | $912 | $1,041 |
| Morgandale | $840 | $491 | $717 | $941 | $1,018 |
| Midtown Milwaukee | $850 | $474 | $774 | $1,042 | $1,708 |
| Lindsay Park | $860 | $540 | $765 | $862 | $976 |
| Veterans Affairs | $928 | $589 | $750 | $1,088 | $1,216 |
| Johnson's Woods | $928 | $589 | $750 | $1,088 | $1,216 |
| Fair Park | $928 | $589 | $750 | $1,088 | $1,216 |
| New Coeln | $950 | $675 | $872 | $1,009 | $1,162 |
| Mitchell West | $950 | $675 | $872 | $1,009 | $1,162 |
| Holler Park | $950 | $675 | $872 | $1,009 | $1,162 |
| Menomonee River Hills | $987 | $810 | $840 | $1,003 | $1,163 |
| Northridge | $1,031 | $810 | $852 | $1,067 | $1,224 |
| Land Bank | $1,031 | $810 | $852 | $1,067 | $1,224 |
| Grover Heights | $1,035 | $760 | $827 | $1,177 | $1,100 |
| Town & Country Manor | $1,039 | $810 | $818 | $1,086 | $1,229 |
| Graceland | $1,039 | $810 | $818 | $1,086 | $1,229 |
| Story Hill | $1,051 | $507 | $890 | $1,218 | $1,772 |
| Wyrick Park | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Whispering Hills | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Servite Woods | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Pollber Heights | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Northridge Lakes | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Menomonee River Hills East | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Granville Woods | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Freedom Village | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Buchel Park | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Brynwood | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Bradley Estates | $1,053 | $810 | $795 | $1,100 | $1,293 |
| Polonia | $1,072 | $565 | $1,013 | $1,244 | $2,492 |
| Lincoln Village | $1,072 | $565 | $1,013 | $1,244 | $2,492 |
| Williamsburg Heights | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Riverwest | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Haymarket | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Harambee | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Halyard Park | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Brewer's Hill | $1,083 | $760 | $786 | $1,446 | $1,200 |
| Cannon Park | $1,131 | $601 | $1,041 | $1,219 | $1,216 |
| Honey Creek Parkway | $1,161 | $589 | $1,000 | $1,285 | $1,772 |
| Bluemound Heights | $1,161 | $589 | $1,000 | $1,285 | $1,772 |
| Menomonee River Valley | $1,184 | $841 | $919 | $1,331 | $1,889 |
| Hillside | $1,188 | $760 | $975 | $1,485 | $1,311 |
| Upper East Side | $1,191 | $680 | $1,002 | $1,304 | $2,292 |
| Riverside Park | $1,191 | $680 | $1,002 | $1,304 | $2,292 |
| Murray Hill | $1,191 | $680 | $1,002 | $1,304 | $2,292 |
| Downer Woods | $1,191 | $680 | $1,002 | $1,304 | $2,292 |
| Cambridge Heights | $1,191 | $680 | $1,002 | $1,304 | $2,292 |
| Eastbrook Park | $1,245 | $817 | $1,001 | $1,359 | $1,681 |
| Marquette | $1,271 | $741 | $791 | $1,289 | $1,845 |
| Avenues West | $1,271 | $741 | $791 | $1,289 | $1,845 |
| Town of Lake | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Tippecanoe | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Saveland Park | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Mitchell Field | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Jones' Island | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Fernwood | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Bay View | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| Baran Park | $1,282 | $675 | $1,212 | $1,430 | $2,492 |
| King Park | $1,300 | $741 | $934 | $1,341 | $1,836 |
| Northpoint | $1,316 | $845 | $1,174 | $1,646 | $2,686 |
| Lake Park | $1,316 | $845 | $1,174 | $1,646 | $2,686 |
| Yankee Hill | $1,340 | $857 | $1,201 | $1,742 | $3,030 |
| Lower East Side | $1,340 | $857 | $1,201 | $1,742 | $3,030 |
| Juneau Town | $1,340 | $857 | $1,201 | $1,742 | $3,030 |
| Historic Third Ward | $1,340 | $857 | $1,201 | $1,742 | $3,030 |
| Walker's Point | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Muskego Way | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Mitchell Park | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Historic Mitchell Street | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Harbor View | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Clock Tower Acres | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Clarke Square | $1,351 | $1,002 | $1,209 | $1,633 | $1,910 |
| Schlitz Park | $1,425 | $981 | $1,232 | $1,713 | $1,943 |
| Kilbourn Town | $1,432 | $905 | $1,164 | $1,575 | $2,016 |
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The most affordable neighborhoods in Milwaukee are Arlington Gardens, where the average rent goes for $779/month, Cooper Park, where renters pay $779/mo on average, and Golden Valley, where the average rent goes for $779/mo. If you’re looking for other great deals, check out the listings from Grantosa ($779), Kops Park ($779), and Mount Mary ($779), where the asking prices are below the average Milwaukee rent of $1,125/mo.
The most expensive neighborhoods in Milwaukee are Walker's Point ($1,351), Schlitz Park ($1,425) and Kilbourn Town ($1,432).
Milwaukee | Rent Comparison by Neighborhood
Rent in Alverno is 7% higher than in Arlington Gardens
$833
Alverno rent is 26% lower than Milwaukee average
| All rentals | $833 |
|---|---|
| Studio | $542 |
| 1 Bed | $732 |
| 2 Beds | $912 |
| 3 Beds | $1,041 |
$779
Arlington Gardens rent is 31% lower than Milwaukee average
| All rentals | $779 |
|---|---|
| Studio | $540 |
| 1 Bed | $681 |
| 2 Beds | $802 |
| 3 Beds | $925 |
How Does Milwaukee Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Brookfield | $1,184 | 4% |
| Milwaukee | $1,125 | 1% |
| Waukesha | $973 | 2% |
| Racine | $768 | 3% |
For more information about the Milwaukee rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- 23rd Street Apartments
- Bishops Creek
- 2704 N. Hackett
- English Common
- Burnham Hill Apartments
- Tioga Apartments
- East Park Apartments
- Seaway Terrace
- Cantona Court Apartments
- Lisbon Adlon Apartments
- The Park at 1824
- 28 West Apartments List
- Seven04 Place Apartments
- Imperial Apartments
- Milwood Apartments
- Glenbrook Apartments
- Westover Apartments
- Harbor Pointe Apartments
- Deer Trail Apartments
- Glenbrook Apartments
Mid-priced Listings on RENTCafé
Most Expensive Listings on RENTCafé
- Martin Adlon Apartments
- Northwoods
- Cambridge Manor Apartments
- Pasadena
- Sunset Ridge
- St. James Place Apartments
- Teweles Seed Tower Apartments
- Vue Apartments
- St. James Place
- 1609 Prospect Apartments
- 1838 N Oakland Ave
- Arbor Ridge Apartments
- Arbor Ridge
- Latitude Apartments
- Avante Apartments
- The Franklin Apartments
- Marshall House
- Trostel Square
- River House
- Newberry Duplex
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Milwaukee apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.