MarketsMilwaukee
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Milwaukee skyline

Milwaukee WI

Covers Milwaukee and Waukesha.
Current market read
Landlord’s market
ConditionTight
RentersLandlords
The yearly data reads a landlord's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google searchabout 8,100 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly

About 8,100 searches in July 2026, for Milwaukee on its own

What renters Google mostHousesSee all →

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Pulling both ways, asking rents are climbing and job growth has cooled, as of Aug 2026.
Job growthBLS · MONTHLY
-0.3%
Cooling, past 12 months
VacancyCENSUS · 2024
5.6%2024 COUNT
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+4.8%
Year over year
Census 2024: +4.9% · US avg +5.2%
Median rentCENSUS · 2024
$1,177/mo
Typical rent, 2024 yearly count
Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
SUPPLY
DEMAND
Jobs-0.3%
Migration 2025-1.43/1k
SUPPLY
Permits 2025-43.8%
Vacancy 20245.6%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,262/mo
Cheaper to rent than buying
rent $1,177 · own $2,439
$1,177
RENT
$2,439
OWN
Net migrationCENSUS · 2025
1.43/1k
Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.