Last updated
Average Rent in Milwaukee, WI & Rent Trends
Rent prices and market trends across 8 apartment communities in Milwaukee, WI. Updated daily.
Market Average
$2,458/mo
▲ +6.3% from last month
Lowest Available
$1,421/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
99
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Rent by Neighborhood in Milwaukee, WI
Compare average rent across Milwaukee, WI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Lower East Side | $3,025 | ▲ $151 | $1,421 | 4 | 53 |
| Westown | $2,085 | ▲ $16 | $1,589 | 1 | 9 |
| Triangle North | $1,835 | ▲ $57 | $1,425 | 1 | 21 |
| Milwaukee 53213 | $1,645 | $0 | $1,495 | 1 | 11 |
| Walker's Point | $1,527 | ▼ $80 | $1,440 | 1 | 5 |
Is Rent Going Up or Down in Milwaukee, WI?
As of October 2026, the average rent in Milwaukee, WI is $2,458 per month across 8 apartment communities and 99 available units. Rents have increased $146 (6.3%) over the past month.
The most affordable option is Urbanite | A New Land Community starting at $1,421/mo. By unit type, a studio averages $1,800/mo, a 1-bedroom averages $2,003/mo, a 2-bedroom averages $3,077/mo, a 3-bedroom averages $4,956/mo.
Prices range from $1,421 to $6,995 per month. The most common price point is the $1,400 range, where 20 units are currently listed.
Milwaukee, WI Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $2,132 | - | 8 |
| August 2026 | $2,065 | -$67 | 8 |
| September 2026 | $2,028 | -$37 | 8 |
| October 2026 | $2,206 | +$178 | 8 |
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 Milwaukee, WI
Rent Prices by Apartment in Milwaukee, WI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Urbanite | A New Land Community | $1,421/mo | $1,914/mo | 6 | 4.7 |
| Vim + Vigor | $1,425/mo | $1,835/mo | 21 | 4.2 |
| Freshwater Apartments | $1,440/mo | $1,527/mo | 5 | 4.7 |
| Honey Creek Place Apartments | $1,495/mo | $1,645/mo | 11 | 4.5 |
| Boston Lofts | $1,589/mo | $2,085/mo | 9 | 4.4 |
| River House Apartment Homes | $1,950/mo | $1,950/mo | 1 | 4.8 |
| 333 Water | $1,984/mo | $3,417/mo | 28 | 4.6 |
Frequently Asked Questions About Rent in Milwaukee, WI
What is the average rent in Milwaukee, WI?
Is rent going up or down in Milwaukee, WI?
What is the cheapest apartment in Milwaukee, WI?
How much is a 1-bedroom apartment in Milwaukee, WI?
How many apartments are available in Milwaukee, WI?
What salary do I need to live comfortably in Milwaukee, WI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$98,000/year
Based on the 30 percent rule, using our tracked average rent of $2,458/mo.
Comfortable income
$118,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,421/mo), you need to earn at least $57,000/year.
Median household income in Milwaukee, WI is $51,888 , about 56% below the comfortable-living threshold.
Cost of living in Milwaukee, WI
Overall prices in Milwaukee, WI 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 Milwaukee, WI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,458 |
| Utilities | $404 |
| Groceries | $507 |
| Transportation | $964 |
| Healthcare | $470 |
| Other goods and services | $752 |
| Estimated total | $5,555/mo |
Population
569,756
Median household income
$51,888
Census median rent
$1,033/mo
Census rent burden
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.
Google Search Trends for Milwaukee, WI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Milwaukee, WI Apartments
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