Milwaukee, situated on the western coast of Lake Michigan, is a city that embodies Wisconsin's rich history, cultural heritage, and exciting modern developments. As the heart of beer country, Milwaukee is home to some of the country's oldest and most famous breweries. Enjoy its vibrant German heritage at one of the many German-style restaurants, bars, and festivals.
Milwaukee's arts and culture scene is truly unparalleled, with world-class institutions such as the Milwaukee Art Museum, Milwaukee County Zoo, Harley-Davidson Museum, and the Marcus Center for the Performing Arts, to name a few. In addition, sports enthusiasts can rally behind their favorite teams, like the Milwaukee Bucks (NBA) and the Milwaukee Brewers (MLB). At the same time, nature lovers can explore Milwaukee's gorgeous parks and beaches, including Grant Park, Juneau Park, Lakeshore State Park, Lake Michigan, and Bradford Beach.
Milwaukee is also known for its thrilling events and festivals, including the Summerfest music festival, the Milwaukee Irish Fest, and the Milwaukee Film Festival, which draw visitors from all over. With its diverse population, excellent universities, and vibrant downtown, Milwaukee is a fantastic place to call home.
As of May 2026, Milwaukee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Milwaukee's average rent is 4.6% ($66) higher than the Wisconsin average of $1,447 and 15.4% ($276) lower than the U.S. average of $1,789.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,332 | 2.8% ($38) | 3.7% ($48) |
| 2 Beds | $1,679 | 1.3% ($21) | 6.8% ($107) |
| 3 Beds | $1,873 | 0.4% ($8) | 5.7% ($114) |
| Nearby Cities | Average Rent | Avg. Rent vs. MilwaukeeAverage Rent vs. Milwaukee | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Saint Francis | $1,022 | 32.5% ($491) | 34 days |
| Elm Grove | $1,954 | 29.1% ($441) | 37 days |
| Greendale | $1,802 | 19.1% ($289) | 32 days |
| Cudahy | $1,828 | 20.8% ($315) | 31 days |
| Brookfield | $1,805 | 19.3% ($292) | 41 days |
Explore rental prices, market trends, and availability in Milwaukee, WI.
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