Rental market snapshot for Historic Third Ward, Milwaukee

Historic Third Ward rental market summary

The rental market in Historic Third Ward, Wisconsin is showing signs of growth. In July of 2023, there were 14 new listings, indicating an increase in demand for rental properties in the area. The median rent in July 2023 was $1,750, a 3.2% increase from the previous month and a .1% increase from the same time last year. This suggests that the rental market in Historic Third Ward is slowly but steadily increasing in value.

Overall, the rental market in Historic Third Ward appears to be stable and growing. With an increasing number of listings and a steady increase in median rent, it is likely that the rental market in the area will continue to be a desirable option for renters in the coming months.

Median rent for all residential properties in Historic Third Ward

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The most expensive listings and top trending buildings in Historic Third Ward

Most Expensive Listings

AddressRent PriceBed / Bath
336 N Milwaukee St$2,1501 / 1.0
336 N Milwaukee St$1,8951 / 1.0
213 N Broadway St$1,7952 / 1.0
143 N Jackson St$1,7751 / 1.0
239 E Chicago St$1,6751 / 1.0

Top Trending Buildings

building nameavg rent price
Founders 3$2,023
New Land Enterprises$1,673

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Bedroom Breakdown in Historic Third Ward

Studio
$1,695
MEDIAN RENT
1 Bedroom
$1,835
MEDIAN RENT
2 Bedroom
$1,795
MEDIAN RENT

Historic Third Ward neighborhood apartments rents

The rental market for studios in Historic Third Ward, Wisconsin, is relatively stable. In June 2023, there was only one new studio listing, and the median rent remained the same as it was in April 2023 at $1,695. This indicates that the rental market for studios in Historic Third Ward is not experiencing any significant changes in terms of rent prices or availability.

The rental market for 1-bedroom apartments in Historic Third Ward, Wisconsin is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,835, an 11.2% increase from the median rent in June 2023 of $1,650. This suggests that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.

The rental market for 2-bedroom apartments in Historic Third Ward, Wisconsin, remained relatively stable in July 2023, with only two new listings and no change in median rent from the previous month. The median rent for a 2-bedroom apartment in July 2023 was $1,795, the same as it was in June 2023. This indicates that the rental market in Historic Third Ward is relatively stable and that there is no significant change in rental prices from month to month.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Historic Third Ward is $1,750.
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