Rentometer, Inc. | Data as of 12/04/2025
Milwaukee’s rental market offers a dynamic mix of historic homes and modern apartments, attracting young professionals, families, and students alike. Downtown Milwaukee, with its vibrant riverfront, bustling theater district, and easy access to public transit, is a hotspot for studio and one‑bedroom apartments that typically fall in the $1200‑$1500 range. Just a short ride east, the East Side neighborhoods of Bay View and Riverwest provide a lively blend of boutique lofts and renovated Victorian houses, catering to renters who value walkable streets, local breweries, and eclectic dining options.
For those seeking more space, the city’s suburban‑feeling districts such as the West Side and the historic Third Ward feature three‑ and four‑bedroom houses where average rents hover around the $1600‑$2100 mark, offering ample room for families and shared‑living arrangements. Across the city, newer apartment complexes near the University of Wisconsin‑Milwaukee and the Milwaukee Art Museum deliver contemporary amenities, while older multi‑unit homes in neighborhoods like South Side and Midtown provide affordable options that still enjoy proximity to parks, schools, and cultural attractions.
Overall, Milwaukee’s rental landscape balances affordability with quality of life. Renters benefit from a variety of housing styles—from sleek downtown studios to spacious homes in tree‑lined neighborhoods—while enjoying the city’s renowned lakefront views, thriving arts scene, and strong sense of community. Whether you’re looking for a vibrant urban hub or a quieter residential enclave, Milwaukee’s rental options are designed to meet diverse lifestyle needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,268 | $1,300 | $685 - $1,994 | $950 - $1,450 |
| Apartment | 1 Bedroom | $1,443 | $1,525 | $550 - $2,620 | $1,000 - $1,730 |
| Apartment | 2 Bedroom | $1,661 | $1,310 | $600 - $4,994 | $1,095 - $2,075 |
| Apartment | 3 Bedroom | $1,731 | $1,295 | $905 - $4,750 | $1,100 - $2,175 |
| Apartment | 4+ Bedroom | $1,835 | $1,550 | $1,375 - $2,905 | $1,545 - $1,800 |
| House | 1 Bedroom | $1,580 | $1,725 | $775 - $2,700 | $950 - $1,750 |
| House | 2 Bedroom | $1,339 | $1,295 | $770 - $2,900 | $995 - $1,595 |
| House | 3 Bedroom | $1,673 | $1,598 | $650 - $5,500 | $1,300 - $1,875 |
| House | 4+ Bedroom | $2,024 | $1,900 | $1,400 - $4,000 | $1,600 - $2,150 |
In the current period, the average rent in Milwaukee was $1,258 for Studio, $1,444 for 1 Bedroom, $1,574 for 2 Bedroom, $1,689 for 3 Bedroom, and $1,945 for 4+ Bedroom.
Data provided by Rentometer, Inc.