Cheap Apartments for Rent in 53216
77 rentals
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NEW - 8 HRS AGO
$895 - $1,045/mo
2 Beds
1 Bath3901-3911 N 27th St. (4 Units + 3 Commercial) | 3901-3911 N 27th St #2,
Milwaukee, WI 53216
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Average Rent Trends in 53216
Rent in 53216 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $950 |
| Jul 2025 | $950 |
| Aug 2025 | $1,100 |
| Sep 2025 | $1,100 |
| Oct 2025 | $1,000 |
| Nov 2025 | $1,150 |
| Dec 2025 | $1,185 |
| Jan 2026 | $1,099 |
| Feb 2026 | $1,099 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,125 |
| May 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In May 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 | $1,100 | $1,500 | $1,695 | $1,125 |
| Townhomes | — | $1,350 | $1,400 | — | $1,350 |
| Apartments and Condos | $895 | $1,100 | $1,300 | — | $1,100 |
| Houses | — | $1,200 | $1,550 | $1,695 | $1,550 |
Frequently Asked Questions about Rentals in 53216
- What is the average rent of an apartment in 53216?The average rent of an apartment in 53216 is $1,033 per month. This is about 46% lower than the national average.
- What is the average rent of a house in 53216?The average rent of a house in 53216 is $1,550 per month. This is about 20% lower than the national average.
- What is the average rent of a townhome in 53216?The average rent of a townhome in 53216 is $1,350 per month. This is about 30% lower than the national average.
- When is the average rent cheapest in 53216?In the last year, the average rent in 53216 was lowest in Apr 2025 when it was $950 per month.
- When is the average rent most expensive in 53216?In the last year, the average rent in 53216 was highest in Dec 2025 when it was $1,185 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 53216?The average rent of a 1 bedroom apartment in 53216 is $895 per month. That is about $146 more than the cost of a studio apartment.
- How many available rental listings are in 53216?There are 70 available rental listings in 53216.
- What are some cities near 53216?