Milwaukee, WI Rental Market Trends
What is the average rent in Milwaukee?
The average rent for an apartment in Milwaukee is $1,519. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Milwaukee, WI
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,519 | 853 sq. ft. |
What is the average apartment size in Milwaukee?
The average size for a Milwaukee, WI apartment is 853 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
135,784 or 59% of the households in Milwaukee, WI are renter-occupied while 94,975 or 41% are owner-occupied.
Milwaukee, WI rent trends
Average Rent in Milwaukee, WI By Neighborhood
| City | Average Rent |
|---|---|
| Historic Third Ward | $1,760 |
| Juneau Town | $1,760 |
| Lower East Side | $1,760 |
| Yankee Hill | $1,760 |
| Park View | $1,747 |
| Triangle | $1,747 |
| Triangle North | $1,747 |
| Lake Park | $1,730 |
| Northpoint | $1,730 |
| Valley Forge | $1,692 |
| Schlitz Park | $1,661 |
| Alcott Park | $1,659 |
| Morgan Heights | $1,659 |
| Clarke Square | $1,655 |
| Clock Tower Acres | $1,655 |
| Harbor View | $1,655 |
| Historic Mitchell Street | $1,655 |
| Mitchell Park | $1,655 |
| Muskego Way | $1,655 |
| Walker's Point | $1,655 |
| Kilbourn Town | $1,642 |
| Cooper Park | $1,638 |
| Golden Valley | $1,638 |
| Grantosa | $1,638 |
| Kops Park | $1,638 |
| Mount Mary | $1,638 |
| Nash Park | $1,638 |
| St. Aemilian's | $1,638 |
| Eastbrook Park | $1,609 |
| Baran Park | $1,600 |
| Bay View | $1,600 |
| Fernwood | $1,600 |
| Jones' Island | $1,600 |
| Mitchell Field | $1,600 |
| Saveland Park | $1,600 |
| Tippecanoe | $1,600 |
| Town of Lake | $1,600 |
| Bluemound Heights | $1,557 |
| Honey Creek Parkway | $1,557 |
| King Park | $1,553 |
| Cambridge Heights | $1,552 |
| Downer Woods | $1,552 |
| Murray Hill | $1,552 |
| Riverside Park | $1,552 |
| Upper East Side | $1,552 |
| Hillside | $1,550 |
| Arlington Gardens | $1,547 |
| Zoo | $1,523 |
| Menomonee River Valley | $1,503 |
| Calumet Farms | $1,486 |
| Dretzka Park | $1,486 |
| Golden Gate | $1,486 |
| Granville Station | $1,486 |
| Heritage Heights | $1,486 |
| Hilltop Parish | $1,486 |
| Mack Acres | $1,486 |
| Maple Tree | $1,486 |
| Melody View | $1,486 |
| North Granville | $1,486 |
| North Meadow | $1,486 |
| Park Place | $1,486 |
| Pheasant Run | $1,486 |
| Ridgeview | $1,486 |
| Riverton Heights | $1,486 |
| Cannon Park | $1,485 |
| Avenues West | $1,482 |
| Marquette | $1,482 |
| Story Hill | $1,470 |
| Brown Deer Park | $1,454 |
| Fairfield | $1,454 |
| Lincoln Park | $1,454 |
| Menomonee River Parkway | $1,454 |
| Old North Milwaukee | $1,454 |
| Rufus King | $1,454 |
| Thurston Woods | $1,454 |
| Tripoli Park | $1,454 |
| Grover Heights | $1,443 |
| Brewer's Hill | $1,426 |
| Halyard Park | $1,426 |
| Haymarket | $1,426 |
| Riverwest | $1,426 |
| Fair Park | $1,425 |
| Johnson's Woods | $1,425 |
| Veterans Affairs | $1,425 |
| Garden Homes | $1,409 |
| Harambee | $1,409 |
| Williamsburg Heights | $1,409 |
| Havenwoods | $1,403 |
| Lincoln Village | $1,402 |
| Polonia | $1,402 |
| Land Bank | $1,379 |
| Northridge | $1,379 |
| Town & Country Manor | $1,375 |
| Graceland | $1,360 |
| Lindsay Park | $1,350 |
| Bradley Estates | $1,340 |
| Brynwood | $1,340 |
| Buchel Park | $1,340 |
| Freedom Village | $1,340 |
| Granville Woods | $1,340 |
| Northridge Lakes | $1,340 |
| Pollber Heights | $1,340 |
| Servite Woods | $1,340 |
| Whispering Hills | $1,340 |
| Wyrick Park | $1,340 |
| Midtown Milwaukee | $1,325 |
| Menomonee River Hills East | $1,321 |
| Holler Park | $1,316 |
| Mitchell West | $1,316 |
| New Coeln | $1,316 |
| Menomonee River Hills | $1,313 |
| Mill Valley | $1,302 |
| Euclid Park | $1,241 |
| West View | $1,241 |
| Castle Manor | $1,213 |
| Clayton Crest | $1,213 |
| College Heights | $1,213 |
| Copernicus Park | $1,213 |
| Goldman Park | $1,213 |
| Gra-Ram | $1,213 |
| Maitland Park | $1,213 |
| Mount Olivet | $1,213 |
| Southpoint | $1,213 |
| Wilson Park | $1,213 |
| Morgandale | $1,178 |
| Florist Highlands | $1,158 |
| Little Menomonee Parkway | $1,158 |
| Park Knoll | $1,158 |
| Parkway Hills | $1,158 |
| Silver Swan | $1,158 |
| Timmerman Airport | $1,158 |
| Timmerman West | $1,158 |
| Vogel Park | $1,158 |
| Alverno | $1,145 |
| Valhalla | $1,135 |
| Arlington Heights | $1,113 |
| Borchert Field | $1,113 |
| North Division | $1,113 |
| Green Moor | $1,104 |
| Honey Creek Manor | $1,104 |
| Red Oak Heights | $1,104 |
| Rolling Green | $1,104 |
| Root Creek | $1,104 |
| Wedgewood | $1,104 |
| Woodland Court | $1,104 |
| Franklin Heights | $1,085 |
| Dineen Park | $1,077 |
| Grasslyn Manor | $1,077 |
| Roosevelt Grove | $1,077 |
| Sunset Heights | $1,077 |
| Fairview | $1,071 |
| Hawley Farms | $1,071 |
| Highwood Estates | $1,071 |
| Lyons Park | $1,071 |
| River Bend | $1,071 |
| White Manor | $1,071 |
| Jackson Park | $1,021 |
| Sherman Park | $1,002 |
| Capitol Heights | $996 |
| Lincoln Creek | $996 |
| Burnham Park | $965 |
| Forest Home Hills | $965 |
| Harder's Oaks | $965 |
| Layton Park | $965 |
| National Park | $965 |
| Silver City | $965 |
| Southgate | $965 |
| Park West | $957 |
| Enderis Park | $888 |
| Lenox Heights | $888 |
| Saint Joseph | $888 |
| Uptown Milwaukee | $888 |
| Columbus Park | $884 |
| Hampton Heights | $884 |
| Long View | $884 |
| McGovern Park | $884 |
| Silver Spring | $884 |
| Wahl Park | $884 |
| Metcalfe Park | $754 |
| Cold Spring Park | $713 |
| Concordia | $713 |
| Hawthorne Glen | $713 |
| Martin Drive | $713 |
| Merrill Park | $713 |
| Miller Valley | $713 |
| The Valley Pigsville | $713 |
| Walnut Hill | $713 |
| Washington Heights | $713 |
| Washington Park | $713 |
| Wick Field | $713 |
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What are the most affordable neighborhoods in Milwaukee?
The most affordable neighborhoods in Milwaukee are Cold Spring Park, where the average rent goes for $713/month, Concordia, where renters pay $713/mo on average, and Hawthorne Glen, where the average rent goes for $713/mo. If you’re looking for other great deals, check out the listings from Martin Drive ($713), Merrill Park ($713), and Miller Valley ($713), where the asking prices are below the average Milwaukee rent of $1,519/mo.
What are the most expensive neighborhoods in Milwaukee?
The most expensive neighborhoods in Milwaukee are Juneau Town ($1,760), Lower East Side ($1,760) and Yankee Hill ($1,760).
What are the most popular neighborhoods in Milwaukee?
The most popular neighborhood in Milwaukee is Lower East Side, where there are 11 listings with an average rent of $1,760. Next up is Murray Hill, where apartments go for $1,552/month, followed by Kilbourn Town with $1,642 If you’re looking to rent in Milwaukee’s most popular neighborhoods, make sure to also check out Riverwest, where renters pay $1,426 on average, and Calumet Farms, where the average monthly rent is $1,486.
Milwaukee | Rent Comparison by Neighborhood
Rent in Alcott Park is 45% higher than in Alverno
$1,659
Alcott Park rent is 9% higher than Milwaukee average
Average Rent
$1,659
$1,145
Alverno rent is 25% lower than Milwaukee average
Average Rent
$1,145
How Milwaukee Compares to Other Cities
| State | Average Rent |
|---|---|
| Madison | $1,725 |
| Milwaukee | $1,519 |
| La Crosse | $1,189 |
| Brookfield | $1,672 |
| Middleton | $1,585 |
| Onalaska | $1,360 |
| New Berlin | $1,580 |
| Oak Creek | $1,547 |
| Hudson | $1,270 |
| Wauwatosa | $1,504 |
| Port Washington | $976 |
| Racine | $1,256 |
| St. Francis | $1,533 |
| Mequon | $2,246 |
| Waukesha | $1,413 |
| West Allis | $1,289 |
| West Bend | $1,269 |
| Cedarburg | $1,338 |
| Grafton | $1,587 |
What is the average price for a storage unit in Milwaukee?
The average rent for a non-climate-controlled 10'x10' storage unit in Milwaukee is $98.23. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Milwaukee
The North End
1551 N. Water Street, Milwaukee, WI 53202| STUDIO | $1,275+ |
| 1 BED | $1,491+ |
| 2+ BEDS | $2,086+ |
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Johnson Legacy Apartments
2434 W. Wells St., Milwaukee, WI 53223| STUDIO | $725+ |
| 1 BED | $825+ |
| 2+ BEDS | $1,025 |
Rowe MKE
1845 N. Water Street, Milwaukee, WI 53202| STUDIO | $1,850+ |
| 1 BED | $2,010+ |
| 2+ BEDS | $2,570 |