51 Luxury Apartments for rent in Milwaukee, WI

Last updated September 26 at 12:01AM
DoMUS Apartments
441 E Erie St
Milwaukee, WI
Updated September 25 at 11:39PM
1 Bedroom
$1,375
2 Bedrooms
$2,795
1550 E Royall Place Unit 1002
Lower East Side
Milwaukee, WI
Updated September 21 at 11:53AM
1 Bedroom
$1,580
1243 N Milwaukee St
Juneau Town
Milwaukee, WI
Updated September 25 at 6:10PM
1 Bedroom
$2,017
1809 N Cambridge Ave
Lower East Side
Milwaukee, WI
Updated September 25 at 5:33PM
1 Bedroom
$1,600
1770 North Warren Avenue, #201
Lower East Side
Milwaukee, WI
Updated September 16 at 10:06AM
1 Bedroom
$1,550
1660 N Prospect
Lower East Side
Milwaukee, WI
Updated September 25 at 2:04AM
2 Bedrooms
$1,995
900 S 5th St
Walker's Point
Milwaukee, WI
Updated September 24 at 6:11PM
3 Bedrooms
$1,750
4252 S Austin Street
Town of Lake
Milwaukee, WI
Updated September 24 at 9:37AM
2 Bedrooms
$1,375
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Rent Report
Milwaukee

September 2017 Milwaukee Rent Report

Welcome to the September 2017 Milwaukee Rent Report. Milwaukee rents declined over the past month. In this report, we'll evaluate trends in the Milwaukee rental market, including comparisons to similar cities nationwide.

Milwaukee rents declined over the past month

Milwaukee rents have declined -0.2%. over the past month, but have remained flat 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 third straight month that the city has seen rent decreases after an increase in May. Milwaukee's year-over-year rent growth lags the state average of 1.8%, as well as the national average of 3.0%.

Milwaukee rents more affordable than many other large cities nationwide

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

  • Milwaukee's median two-bedroom rent of $890 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the stagnant growth in Milwaukee.
  • While rents in Milwaukee fell over the past year, many cities nationwide saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%).
  • Renters will find more reasonable prices in Milwaukee than most similar 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.