Milwaukee, WI Rent Trends

Rank #73, last updated May 5

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Milwaukee?

The average rent of a studio apartment in Milwaukee, WI is $795. The average rent of a 1-bedroom in Milwaukee, WI is $975. The average rent of a 2-bedroom in Milwaukee, WI is $1,118. The average rent of a 3-bedroom in Milwaukee, WI is $1,542.

$795

$975

$1,118

$1,542

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Milwaukee

Apartment Rent Ranges in Milwaukee

The monthly rent for apartments in Milwaukee, WI ranges from $500 to $1,700+.

$500 - $800

$800 - $1,100

$1,100 - $1,400

$1,400 - $1,700

$1,700+

What is the average apartment size in Milwaukee?

The average size of a Milwaukee, WI apartment is 524 square feet, while the median apartment size for Milwaukee, WI is 550 square feet. However, square footage varies based on unit type. Most rentals in Milwaukee, WI (40.8%) are 2 bedroom apartments, while the fewest (8.51%) are studio apartments. Meanwhile, 1 bedroom apartments account for 27.26%, and 3+ bedroom apartments make up 23.44%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Milwaukee?

	Studio	1 bed	2 beds	3+ beds
Avenues West	$684	$795	$946	$1,648
Historic Third Ward	*	$1,575	$2,325	*
Juneau Town	*	*	$1,100	$1,910
Lower East Side	$775	$1,000	$1,295	$1,450
Murray Hill	*	$1,038	$1,253	$1,785
Riverwest	*	$898	$1,225	*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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Historic Third Ward Apartments

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