28 Cheap Apartments for rent in Milwaukee, WI

Last updated June 24 at 6:16pm UTC
1328 W Greenfield Ave
Walker's Point
Milwaukee, WI
Updated June 24 at 5:22pm UTC
3 Bedrooms
$700
3303 W Juneau Ave
Cold Spring Park
Milwaukee, WI
Updated June 21 at 5:41pm UTC
2 Bedrooms
$600
2044 N 25th St
Midtown
Milwaukee, WI
Updated June 21 at 1:27am UTC
2 Bedrooms
$625
2500 N Fratney St
Riverwest
Milwaukee, WI
Updated June 19 at 5:40pm UTC
1 Bedroom
$695
2566 S 7th St
Lincoln Village
Milwaukee, WI
Updated June 19 at 9:33am UTC
2 Bedrooms
$650
3265 N 36th St
Roosevelt Grove
Milwaukee, WI
Updated June 15 at 1:41am UTC
2 Bedrooms
$675
3124 W National Ave
Silver City
Milwaukee, WI
Updated June 11 at 5:44pm UTC
2 Bedrooms
$695
2223 S 21st St
Forest Home Hills
Milwaukee, WI
Updated June 3 at 6:07pm UTC
1 Bedroom
$625
2223 S 21st St
Forest Home Hills
Milwaukee, WI
Updated June 3 at 6:06pm UTC
2 Bedrooms
$700
2365 S 7th St
Lincoln Village
Milwaukee, WI
Updated May 29 at 5:48pm UTC
2 Bedrooms
$675
4713 W Burleigh St
St. Joseph's
Milwaukee, WI
Updated May 23 at 5:43pm UTC
2 Bedrooms
$675
1418 W Mitchell St
Muskegg Way
Milwaukee, WI
Updated May 20 at 6:49am UTC
1 Bedroom
$625
4711 W Burleigh St
Sunset Heights
Milwaukee, WI
Updated June 21 at 1:21am UTC
Studio
$550
3124 W National Ave
Silver City
Milwaukee, WI
Updated June 19 at 5:39pm UTC
Studio
$595
1426 S 31st St
Burnham Park
Milwaukee, WI
Updated June 24 at 5:22pm UTC
3 Bedrooms
$700
1421 W Atkinson Ave
Arlington Heights
Milwaukee, WI
Updated June 24 at 5:22pm UTC
1 Bedroom
$500
2160 N 42nd St
Washington Park
Milwaukee, WI
Updated June 19 at 5:36pm UTC
Studio
$550
5059 N 46th St
Hampton Heights
Milwaukee, WI
Updated June 17 at 5:23pm UTC
2 Bedrooms
$650
2650 N 48th St
Uptown
Milwaukee, WI
Updated June 14 at 9:42am UTC
3 Bedrooms
$700
2536 N 41st St
Sherman Park
Milwaukee, WI
Updated June 24 at 1:29am UTC
3 Bedrooms
$700
2518 N 41st St
Sherman Park
Milwaukee, WI
Updated June 20 at 5:40pm UTC
2 Bedrooms
$650

June 2018 Milwaukee Rent Report

Welcome to the June 2018 Milwaukee Rent Report. Milwaukee rents increased over the past month. In this report, we'll evaluate trends in the Milwaukee rental market, including comparisons to similar cities nationwide.

View full Milwaukee Rent Report
Rent Report
Milwaukee

June 2018 Milwaukee Rent Report

Welcome to the June 2018 Milwaukee Rent Report. Milwaukee rents increased over the past month. In this report, we'll evaluate trends in the Milwaukee rental market, including comparisons to similar cities nationwide.

Milwaukee rents increased significantly over the past month

Milwaukee rents have increased 0.5% over the past month, but are down slightly by 0.1% in comparison to the same time last year. Currently, median rents in Milwaukee stand at $720 for a one-bedroom apartment and $890 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in January. Milwaukee's year-over-year rent growth lags the state average of 0.6%, as well as the national average of 1.5%.

Milwaukee rents more affordable than many comparable cities nationwide

As rents have fallen slightly in Milwaukee, many similar cities nationwide have seen prices increase, in some cases substantially. Milwaukee is also more affordable than most other large cities across the country.

  • Milwaukee's median two-bedroom rent of $890 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.1% decline in Milwaukee.
  • While rents in Milwaukee fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+2.2%), Atlanta (+2.0%), and San Francisco (+1.5%).
  • Renters will find more reasonable prices in Milwaukee than most comparable cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three-and-a-half times the price in Milwaukee.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start 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, comparing only units that are available across both time periods 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. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.