Rental market snapshot for Sherman Park, Milwaukee

Sherman Park rental market summary

The rental market in Sherman Park, Wisconsin appears to be relatively stable. In July of 2023, there were 53 new listings, indicating that there is a healthy supply of rental properties in the area. The median rent for the month of July 2023 was $850, which is the same as the median rent for the month of June 2023 and July 2022. This indicates that there has been no significant change in rent prices over the past year.

Overall, the rental market in Sherman Park, Wisconsin appears to be stable and consistent. With a healthy supply of rental properties and no significant changes in rent prices, the area is an attractive option for renters looking for a reliable and affordable place to live.

Median rent for all residential properties in Sherman Park

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The most expensive listings and top trending buildings in Sherman Park

Most Expensive Listings

AddressRent PriceBed / Bath
3222 North 42nd Street$1,2724 / 1.0
4230 W Auer Ave$1,1952 / 1.0
2575 N 39th St$9502 / 1.0
3100 W Center St$9242 / 1.0
2444 N 39th St$8502 / 1.0

Top Trending Buildings

building nameavg rent price
Roers Residential$420

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Bedroom Breakdown in Sherman Park

Studio
$731
MEDIAN RENT
1 Bedroom
$420
MEDIAN RENT
2 Bedroom
$924
MEDIAN RENT

Sherman Park neighborhood apartments rents

The rental market for studios in Sherman Park, Wisconsin appears to be relatively stable, with only one new listing in July 2023. The median rent for studios in July 2023 was $731, though the median rent for June 2023 is not available, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in Sherman Park appears to be relatively stable.

The rental market for 1-bedroom apartments in Sherman Park, Wisconsin is in flux. In July 2023, there were only two new listings, but the median rent for 1-bedroom apartments increased by 55.8% from June 2023 to July 2023, from $951 to $420. This suggests that the rental market is becoming more competitive, with fewer available units and higher prices.

The rental market for 2-bedroom apartments in Sherman Park, Wisconsin is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $924, which is 18.7% lower than the median rent in June 2023, which was $1,137. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.

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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 Sherman Park is $850.
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