Average Rent in Milwaukee, WI

Milwaukee rentals average $0 for a 1-bedroom rental to $0 for a 1-bedroom rental. The median price of all currently available listings is $1,750, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $224 (30.26%) year-over-year from $741 to $965. 1-bedroom rentals prices have decreased by $536 (-38.83%) year-over-year from $1,381 to $845. 2-bedroom rentals prices have decreased by $105 (-10.32%) year-over-year from $1,018 to $913. 3-bedroom rentals prices have increased by $109 (8.58%) year-over-year from $1,264 to $1,373. 4-bedroom rentals prices have decreased by $117 (-7.24%) year-over-year from $1,615 to $1,498. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 16.20% this month. 1-bedroom rents have gone down by 51.67% this month. 2-bedroom rents have gone down by 32.38% this month. 3-bedroom rents have gone down by 2.89% this month. 4-bedroom rents have gone down by 4.20% this month.