Milwaukee, WI Rental Market Trends
What is the average rent in Milwaukee?
The average rent for an apartment in Milwaukee is $1,577. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Milwaukee, WI
Last updated September 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,577 | 847 sq. ft. |
What is the average apartment size in Milwaukee?
The average size for a Milwaukee, WI apartment is 847 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Milwaukee, WI apartment rent ranges
Milwaukee, WI Occupied Housing Units
135,194 or 58% of the households in Milwaukee, WI are renter-occupied while 95,890 or 42% are owner-occupied.
Milwaukee, WI rent trends
Average Rent in Milwaukee, WI By Neighborhood
| City | Average Rent |
|---|---|
| Historic Third Ward | $2,588 |
| Juneau Town | $2,004 |
| Kilbourn Town | $1,826 |
| Walker's Point | $1,812 |
| Northpoint | $1,766 |
| Harbor View | $1,743 |
| Lower East Side | $1,743 |
| Bay View | $1,693 |
| Wyrick Park | $1,690 |
| Brewer's Hill | $1,688 |
| Yankee Hill | $1,564 |
| Calumet Farms | $1,485 |
| Euclid Park | $1,458 |
| Castle Manor | $1,425 |
| Granville Station | $1,398 |
| Murray Hill | $1,374 |
| Cannon Park | $1,296 |
| Haymarket | $1,247 |
| West View | $1,240 |
| Avenues West | $1,238 |
| Historic Mitchell Street | $1,167 |
| Halyard Park | $1,166 |
| Timmerman West | $1,160 |
| Dineen Park | $1,152 |
| Jackson Park | $1,129 |
| Northridge Lakes | $1,129 |
| Southpoint | $1,064 |
| Riverwest | $938 |
| Merrill Park | $853 |
| Concordia | $747 |
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What are the most affordable neighborhoods in Milwaukee?
The most affordable neighborhoods in Milwaukee are Concordia, where the average rent goes for $747/month, Merrill Park, where renters pay $853/mo on average, and Riverwest, where the average rent goes for $938/mo. If you’re looking for other great deals, check out the listings from Southpoint ($1,064), Northridge Lakes ($1,129), and Jackson Park ($1,129), where the asking prices are below the average Milwaukee rent of $1,577/mo.
What are the most expensive neighborhoods in Milwaukee?
The most expensive neighborhoods in Milwaukee are Kilbourn Town ($1,826), Juneau Town ($2,004) and Historic Third Ward ($2,588).
What are the most popular neighborhoods in Milwaukee?
The most popular neighborhood in Milwaukee is Lower East Side, where there are 17 listings with an average rent of $1,743. Next up is Kilbourn Town, where apartments go for $1,826/month, followed by Murray Hill with $1,374 If you’re looking to rent in Milwaukee’s most popular neighborhoods, make sure to also check out Riverwest, where renters pay $938 on average, and Walker's Point, where the average monthly rent is $1,812.
Milwaukee | Rent Comparison by Neighborhood
Rent in Avenues West is 27% lower than in Bay View
$1,238
Avenues West rent is 21% lower than Milwaukee average
Average Rent
$1,238
$1,693
Bay View rent is 7% higher than Milwaukee average
Average Rent
$1,693
How Milwaukee Compares to Other Cities
| State | Average Rent |
|---|---|
| Milwaukee | $1,577 |
| Madison | $1,797 |
| La Crosse | $1,230 |
| Appleton | $1,243 |
| Neenah | $1,230 |
| Brookfield | $1,852 |
| Oshkosh | $1,145 |
| Middleton | $1,583 |
| Onalaska | $1,429 |
| New Berlin, WI | $1,627 |
| Waukesha, WI | $1,429 |
| West Allis, WI | $1,423 |
| West Bend, WI | $1,428 |
| St. Francis, WI | $1,591 |
| Greenfield, WI | $1,379 |
| Oak Creek, WI | $1,616 |
| Racine, WI | $1,159 |
| Wauwatosa, WI | $1,672 |
| Grafton, WI | $1,612 |
What is the average price for a storage unit in Milwaukee?
The average rent for a non-climate-controlled 10'x10' storage unit in Milwaukee is $100.96. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Milwaukee
The North End
1551 N. Water Street, Milwaukee, WI 53202| STUDIO | $1,372+ |
| 1 BED | $1,667+ |
| 2 BEDS | $2,100+ |
Glenbrook Apartments
9220 N 75Th Street #101, Milwaukee, WI 53223| 1 BED | $895 |
| 2 BEDS | $1,045 |
| 3 BEDS | $1,575 |
Grand Wisconsin
720 N Dr. Martin Luther King Jr. Dr., Milwaukee, WI 53203| STUDIO | N/A |
| 1 BED | $1,500 |
| 2 BEDS | $1,780+ |