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Average Rent in Lower East Side & Rent Trends

Rent prices and market trends across 5 apartment communities in Lower East Side, Milwaukee, WI. Updated daily.

Market Average

$2,724/mo

▲ +3.3% from last month

Lowest Available

$1,636/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

36

available now

Price Cuts This Week in Lower East Side

5 listed units across 1 building in Lower East Side dropped their asking rent in the past 7 days, an average cut of $32/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Metropolitan Associates Unit 9 $3,425 $3,354 $71
Metropolitan Associates Unit 8 $2,255 $2,209 $46
Metropolitan Associates Unit 3 $2,415 $2,401 $14
Metropolitan Associates Unit 5 $2,590 $2,576 $14
Metropolitan Associates Unit 7 $2,502 $2,488 $14
See today's prices on all 36 listed units

Lower East Side vs Milwaukee, WI Average

Lower East Side is more expensive than the Milwaukee, WI average by $466/mo (21%). The citywide average is $2,258/mo across all neighborhoods.

Is Rent Going Up or Down in Lower East Side?

As of August 2026, the average rent in Lower East Side is $2,724 per month across 5 apartment communities and 36 available units. Rents have increased $74 (3.3%) over the past month.

The most affordable option is Urbanite | A New Land Community starting at $1,636/mo. By unit type, a studio averages $1,907/mo, a 1-bedroom averages $2,434/mo, a 2-bedroom averages $2,753/mo, a 3-bedroom averages $4,325/mo.

Prices range from $1,636 to $6,554 per month. The most common price point is the $2,400 range, where 7 units are currently listed.

Lower East Side Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $2,318 - 5
August 2026 $2,246 -$72 5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lower East Side

Studio
$1,907
from $1,636 · 6 units
1 Bed
$2,434
from $1,995 · 12 units
2 Bed
$2,753
from $1,639 · 13 units
3 Bed
$4,325
from $2,209 · 5 units

Rent Prices by Apartment in Lower East Side

Property Starting at Average Units Rating
Urbanite | A New Land Community $1,636/mo $2,466/mo 6 4.7
Metropolitan Associates $1,639/mo $2,184/mo 9 2.9
River House Apartment Homes $1,850/mo $1,850/mo 1 4.8
7SEVENTY7 $1,899/mo $3,209/mo 18 4.8
333 Water $1,995/mo $1,995/mo 2 4.6

Frequently Asked Questions About Rent in Lower East Side

What is the average rent in Lower East Side?

The average rent in Lower East Side is $2,724 per month as of August 2026, based on 36 units across 5 apartment communities.

Is rent going up or down in Lower East Side?

Rent in Lower East Side has increased $74 (3.3%) over the past month. The current average is $2,724/mo.

What is the cheapest apartment in Lower East Side?

The most affordable apartment in Lower East Side is Urbanite | A New Land Community with units starting at $1,636/mo.

How much is a 1-bedroom apartment in Lower East Side?

A 1-bedroom apartment in Lower East Side averages $2,434/mo, with prices starting at $1,995/mo across 12 available units.

How many apartments are available in Lower East Side?

There are 36 units available across 5 apartment communities in Lower East Side.

What salary do I need to live comfortably in Lower East Side?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$109,000/year

Based on the 30 percent rule, using our tracked average rent of $2,724/mo.

Comfortable income

$131,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,636/mo), you need to earn at least $65,000/year.

Median household income in Lower East Side is $51,888 , about 60% below the comfortable-living threshold.

Cost of living in Lower East Side

Overall prices in Lower East Side runs below the national average by about 4% (BEA Regional Price Parity index 95.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lower East Side's regional price parities.

Category Monthly estimate
Rent (market average) $2,724
Utilities $404
Groceries $507
Transportation $964
Healthcare $470
Other goods and services $752
Estimated total $5,821/mo

Population

569,756

Median household income

$51,888

Census median rent

$1,033/mo

Rent as % of income

30.5%

Median age

32.2

Mean commute

22 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Lower East Side Apartments

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