Rental market snapshot for Milwaukee, Wisconsin
Milwaukee, Wisconsin Rental Property Market Overview
Milwaukee, Wisconsin is a vibrant city located on the western shore of Lake Michigan. As of 2021, the US Census estimates the population of Milwaukee to be 569,330. The city is known for its diverse culture, vibrant nightlife, and numerous attractions, such as the Milwaukee Art Museum, the Milwaukee County Zoo, and the Milwaukee Public Market. Milwaukee is also home to several professional sports teams, including the Milwaukee Brewers and the Milwaukee Bucks. With its rich history, vibrant culture, and numerous attractions, Milwaukee is a great place to live and visit. (Source: US Census, 2021)
The average rent for an apartment in Milwaukee is $1,267. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 2.3% over the past year.
Last Updated May 05, 2023
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Average monthly rent graph in Milwaukee Wisconsin | Cost of Living
- The most expensive ZIP code in Milwaukee is 53203 with an average price of $1,656
- The cheapest ZIP code in Milwaukee is 53227 with an average price of $680
Milwaukee ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 53203 | $1,656 |
| 2 | 53202 | $1,525 |
| 3 | 53207 | $1,445 |
| 4 | 53214 | $1,435 |
| 5 | 53205 | $1,430 |
| 6 | 53204 | $1,336 |
| 7 | 53218 | $1,315 |
| 8 | 53211 | $1,289 |
| 9 | 53216 | $1,272 |
| 10 | 53209 | $1,250 |
Live near Milwaukee, Wisconsin's Top Sights and Attractions
Henry W Maier Festival Park is a large outdoor space located on the shore of Lake Michigan. It is home to a variety of festivals and events throughout the year, including music, art, and food festivals. The park also features a large amphitheater, a beach, a playground, and a variety of walking and biking trails. It is a popular destination for locals and visitors alike, offering a great place to relax and enjoy the outdoors.
Washington Park is a popular destination for locals and visitors alike. It features a large lake, a beach, a playground, a picnic area, and a variety of walking and biking trails. The park is also home to a number of historic monuments, sculptures, and other attractions. It is a great place to spend a day outdoors, enjoying the natural beauty of the area.
Vincent Playfield is a large outdoor park located in the heart of Milwaukee. It features a variety of recreational activities, including a playground, basketball courts, a baseball diamond, a soccer field, and a walking path. The park also has a large picnic area, a gazebo, and a pond with a fountain. The park is a great place to spend time with family and friends, and it is a popular spot for outdoor events and activities.
Bradford Beach is a popular summer destination located on the shore of Lake Michigan. It offers a variety of activities, including swimming, volleyball, sunbathing, and beachside grilling. There is a concession stand and a beach house with restrooms and showers. The beach is also home to a large playground and picnic area. Visitors can rent kayaks, paddle boards, and other water sports equipment. The beach is also a great spot for watching the sunset over the lake.
Little Menomonee River Parkway is a scenic parkway located along the banks of the Menomonee River. It features a variety of outdoor activities, including biking, hiking, fishing, and canoeing. The parkway is lined with lush trees and vegetation, providing a peaceful and tranquil atmosphere. There are also several picnic areas, playgrounds, and a variety of wildlife to observe. Visitors can also take in stunning views of the river and the surrounding cityscape.
South Shore Park is a beautiful green space located on the shores of Lake Michigan. It features a beach, walking trails, picnic areas, and a playground. The park also has a fishing pier, boat launch, and a large grassy area perfect for outdoor activities. Visitors can enjoy stunning views of the lake and the Milwaukee skyline. The park is a great place to relax and take in the beauty of the lakefront.
Moody Park is a large public park located in the heart of the city. It features a variety of recreational activities, including a playground, basketball courts, tennis courts, a baseball diamond, a swimming pool, and a large lake. The park also has a walking path, picnic areas, and a variety of trees and shrubs. It is a popular spot for families to spend time together and for visitors to enjoy the natural beauty of the area.
Lincoln Creek Parkway is a scenic, winding road that runs along the banks of Lincoln Creek in Milwaukee. It offers stunning views of the creek and its surrounding wetlands, as well as a variety of recreational activities such as biking, fishing, and bird watching. The parkway is also home to several historic sites, including a 19th century bridge and a Native American burial mound.
The Milwaukee County Zoo is a popular attraction located in Wisconsin. It is home to over 3,000 animals from around the world, including mammals, birds, reptiles, amphibians, and fish. Visitors can explore the zoo's many exhibits, including the African Savannah, the Great Apes of Africa, and the Australian Outback. There are also a variety of educational programs and activities for children and adults, such as animal encounters, keeper talks, and behind-the-scenes tours. The zoo also features a carousel, a train ride, and a petting zoo.
Burns Commons is a public park located in the heart of the city. It features a large open green space surrounded by trees, a fountain, and a variety of sculptures. The park also has a playground, picnic area, and a walking path. It is a popular spot for locals to relax and enjoy the outdoors.
Milwaukee, Wisconsin area median rent change by ZIP code map
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How does Milwaukee compare to other cities in Wisconsin ?
| city | median price |
|---|---|
| Menomonee Falls | $1,995 |
| Muskego | $1,750 |
| New Richmond | $1,535 |
| Eau Claire | $1,425 |
| Plover | $1,110 |
| Wausau | $925 |
| Beloit | $845 |
| Ripon | $725 |
| Manitowoc | $695 |
Average household income in Milwaukee area graph - US Census
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The median household income in Milwaukee in 2021 was $45,318. This represents a 26.4% change from 2011 when the median was $35,851.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 9.9% |
| 1 | $10,000 to $14,999 | 7.5% |
| 2 | $15,000 to $19,999 | 6.2% |
| 3 | $20,000 to $24,999 | 6.4% |
| 4 | $25,000 to $29,999 | 5.7% |
| 5 | $30,000 to $34,999 | 5.8% |
| 6 | $35,000 to $39,999 | 5.2% |
| 7 | $40,000 to $44,999 | 5.1% |
| 8 | $45,000 to $49,999 | 4.4% |
| 9 | $50,000 to $59,999 | 7.8% |
| 10 | $60,000 to $74,999 | 9.9% |
| 11 | $75,000 to $99,999 | 11.0% |
| 12 | $100,000 to $124,999 | 6.5% |
| 13 | $125,000 to $149,999 | 3.6% |
| 14 | $150,000 to $199,999 | 2.9% |
| 15 | $200,000 or more | 2.2% |
