Milwaukee Rent Report: September 2026

Welcome to the Apartment List September 2026 Rent Report for Milwaukee, WI. Currently, the overall median rent in the city stands at $1,200, after rising 0.7% last month. Prices and are now up 3.2% year-over-year. Read on to learn more about what’s been happening in the Milwaukee rental market and how it compares to trends throughout the nation as a whole.

The median rent in Milwaukee rose by 0.7% over the course of August, and has now increased by a total of 3.2% over the past 12 months. Milwaukee’s rent growth over the past year has has outpaced both state (1.3%) and national (-0.8%) averages.

Eight months into the year, rents in Milwaukee have risen 5.7%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to August 2025 rents had increased 2.8%.

Milwaukee rents went up 0.7% in the past month, compared to the national rate of 0.1%. Among the nation's 100 largest cities, this ranks #18. Similar monthly rent growth took place in Oklahoma City, OK (0.7%) and Albuquerque, NM (0.7%).

Citywide, the median rent currently stands at $1,005 for a 1-bedroom apartment and $1,199 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $1,200. That ranks #82 in the nation, among the country's 100 largest cities.

For comparison, the median rent across the nation as a whole is $1,221 for a 1-bedroom, $1,376 for a 2-bedroom, and $1,390 overall. The median rent in Milwaukee is 13.7% lower than the national, and is similar to the prices you would find in Lubbock, TX ($1,202) and Lincoln, NE ($1,195).

Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.

Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.