Cheap Apartments for Rent in Milwaukee, WI
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PET FRIENDLY$725 - $1,175/mo
Studio-3 Beds
1 BathJohnson Legacy East | 2434 W Wells St #f91a42940,
Milwaukee, WI 53233
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Average Rent Trends in Milwaukee, WI
Rent in Milwaukee, WI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,250 |
| Jul 2025 | $1,300 |
| Aug 2025 | $1,300 |
| Sep 2025 | $1,300 |
| Oct 2025 | $1,265 |
| Nov 2025 | $1,275 |
| Dec 2025 | $1,270 |
| Jan 2026 | $1,275 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,328 |
| Apr 2026 | $1,300 |
| May 2026 | $1,300 |
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 | $1,000 | $1,250 | $1,595 | $1,895 | $1,300 |
| Townhomes | $1,500 | $1,595 | $1,650 | $1,950 | $1,600 |
| Apartments and Condos | $945 | $1,250 | $1,448 | $1,800 | $1,250 |
| Houses | $1,895 | $1,450 | $1,650 | $1,850 | $1,695 |
Frequently Asked Questions about Rentals in Milwaukee, WI
- What is the average rent of an apartment in Milwaukee, WI?The average rent of an apartment in Milwaukee, WI is $1,280 per month. This is about 34% lower than the national average.
- What is the average rent of a house in Milwaukee, WI?The average rent of a house in Milwaukee, WI is $1,695 per month. This is about 12% lower than the national average.
- What is the average rent of a townhome in Milwaukee, WI?The average rent of a townhome in Milwaukee, WI is $1,600 per month. This is about 17% lower than the national average.
- When is the average rent cheapest in Milwaukee, WI?In the last year, the average rent in Milwaukee, WI was lowest in Jan 2025 when it was $1,200 per month.
- When is the average rent most expensive in Milwaukee, WI?In the last year, the average rent in Milwaukee, WI was highest in Jul 2025 when it was $1,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Milwaukee, WI?The average rent of a 1 bedroom apartment in Milwaukee, WI is $1,000 per month. That is about $80 more than the cost of a studio apartment.
- How many available rental listings are in Milwaukee, WI?There are 1,613 available rental listings in Milwaukee, WI.
- What colleges and universities are in Milwaukee, WI?Colleges and universities in Milwaukee, WI include: Marquette University.
- What are some neighborhoods in Milwaukee, WI?Some neighborhoods in Milwaukee, WI include: Bay View, Lincoln Village, Old North Milwaukee, Riverwest, Silver Spring.
- What are some zip codes in Milwaukee, WI?
- What are some cities near Milwaukee, WI?Some nearby cities include: Wauwatosa, West Milwaukee, Shorewood, Whitefish Bay, Glendale. These cities may have more rental options to explore.