Luxury Apartments for Rent in 53204
78 rentals
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1-2 Beds
1-2 BathsRiver Place Lofts | 625 W Freshwater Way #PW502,
Milwaukee, WI 53204
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Use arrow keys to navigatePET FRIENDLY$2,050 - $2,850/mo2-3 Beds2 BathsHistoric Fifth Ward Lofts | 133 W Oregon St #306,
Milwaukee, WI 53204
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PET FRIENDLY$1,375 - $2,800/moStudio-2 Beds1-3 BathsSouth Water Works | 235 E Pittsburgh Ave #507,
Milwaukee, WI 53204
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PET FRIENDLY$1,365 - $1,620/moStudio-1 Bed1 BathFreshwater Plaza Apartments | 1320 S 1st St #419,
Milwaukee, WI 53204
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$1,245 - $1,325/mo1-2 Beds1 Bath421-425 Washington | 421-425 W Washington St #425A,
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 increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,188 |
| Jul 2025 | $1,250 |
| Aug 2025 | $1,100 |
| Sep 2025 | $1,350 |
| 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 | $1,312 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $854 | $1,971 | $1,500 | $1,800 | $1,200 |
| Townhomes | — | $2,499 | $1,450 | — | $2,499 |
| Apartments and Condos | $850 | $2,150 | $1,350 | $1,800 | $1,050 |
| Houses | — | $1,175 | $1,600 | — | $1,745 |
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 $1,215 per month. This is about 37% lower than the national average.
- What is the average rent of a house in 53204?The average rent of a house in 53204 is $1,745 per month. This is about 10% lower than the national average.
- What is the average rent of a townhome in 53204?The average rent of a townhome in 53204 is $2,499 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in 53204?In the last year, the average rent in 53204 was lowest in Feb 2025 when it was $1,100 per month.
- 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 $854 per month. That is about $483 less than the cost of a studio apartment.
- How many available rental listings are in 53204?There are 91 available rental listings in 53204.
- 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.