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Milwaukee WI

Current market read
Landlord’s market
ConditionFirm
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 Search InterestGOOGLE · MONTHLY
Rank
20of 43 metros
No change this month
See the full picture with Pro · $39/month

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

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Steady
Pulling both ways, asking rents are climbing and job growth has cooled, as of Jun 2026.
Job growthBLS · MONTHLY
-0.4%
▼ Cooling, past 12 months
JUL ’25JUN ’26
See the 12-month trend with Pro
VacancyCENSUS · 2024
5.6%FIRM
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+3.9%
▲ Year over year
Older annual rent growth, Census
MILWAUKEE
+4.9%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,177/mo
Typical rent, 2024 yearly count
20162024
See the multi-year trend with Pro
In the news · MilwaukeeNEWS · DAILY
Marcus & Millichap: Expect a more balanced Milwaukee multifamily market in 202620D AGOMilwaukee mass timber tower, billed as nation’s tallest, reportedly advancing to foreclosure, according to the Milwaukee Journal Sentinel.27D AGO
Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
SUPPLY
DEMAND
Jobs-0.4%
Migration-2.35/1k
SUPPLY
Permits-43.8%
Vacancy5.6%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,182/mo
Cheaper to rent than buying
$1,177
RENT
$2,359
OWN
Net migrationCENSUS · 2024
−2.35/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.