Cheap Apartments for Rent in 53204
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$795 - $850/mo
2 Beds
1 Bath1918 S. 5th Pl. (Rear Duplex) (Ace Property) | 1918 S 5th Pl,
Milwaukee, WI 53204
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Average Rent Trends in 53204
Rent in 53204 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,275 |
| Nov 2025 | $1,250 |
| Dec 2025 | $1,175 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,250 |
| Apr 2026 | $1,150 |
| May 2026 | $1,310 |
| Jun 2026 | $1,095 |
| Jul 2026 | $1,125 |
| Aug 2026 | $1,400 |
| Sep 2026 | $1,125 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $895 | $1,200 | $1,505 | $1,650 | $1,150 |
| Townhomes | — | $2,900 | $1,500 | — | $1,500 |
| Apartments and Condos | $850 | $1,157 | $1,350 | $1,650 | $1,050 |
| Houses | $3,200 | $1,500 | $1,750 | $950 | $1,800 |
Frequently Asked Questions about Rentals in 53204
- What is the average rent of an apartment in 53204?The average rent of an apartment in 53204 is $1,149 per month. This is about 41% lower than the national average.
- What are the cheapest months to find an apartment to rent in 53204?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,100 per month.
- How many cheap apartments are available in 53204?There are 58 apartments to rent that are cheaper than the city’s average rent of $1,150.
- When is the average rent most expensive in 53204?In the last year, the average rent in 53204 was highest in Sep 2025 when it was $1,350 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 53204?The average rent of a 1 bedroom apartment in 53204 is $895 per month. That is about $405 less than the cost of a studio apartment.
- What are some cities near 53204?Some nearby cities include: West Milwaukee, Milwaukee, Saint Francis, West Allis, Shorewood, Greenfield. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 53204 - 176 Rentas | Trulia