How many apartments are available in 53215 on Rentable.co?

Rentable.co has 31 apartments available for rent in 53215.

What is the average rent for an apartment in 53215?

The average rent for an apartment in 53215 is around $850 per month.

What is the average rent for a two-bedroom apartment in 53215?

The average rent for a two-bedroom apartment in 53215 is around $850 per month.

What is the average rent for a one-bedroom apartment in 53215?

The average rent for a one-bedroom apartment in 53215 is around $725 per month.

What is the average rent for a studio apartment in 53215?

The average rent for a studio apartment in 53215 is around $675 per month.

Apartments in 53215

Milwaukee:
November Rent Report

Welcome to the November 2024 Milwaukee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Milwaukee rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Milwaukee and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Milwaukee average rent prices in the chart below.

Monthly Rent Report

$1,350

$1,010

$680

$340

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Milwaukee Rent Prices Increase From October to November

Milwaukee rent prices increased over the last month. From October to November, the city experienced a 1.91% increase for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $1,120.0.

When we take a look at the two-bedroom comparison from October to November, Milwaukee experienced a 0.32% increase for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $1,236.0.

November Prices: Milwaukee vs. Surrounding Areas

Brookfield, WI

Menomonee Falls, WI

Oak Creek, WI

Wauwatosa, WI

Waukesha, WI

Milwaukee, WI

West Allis, WI

Shorewood, WI

$2,034

$1,961

$1,930

$1,791

$1,261

$1,099

$1,090

$923

$700

$1,400

$2,100

$2,800

Median 1 BR Rent

Rent Prices in Milwaukee and Surrounding Areas

Rent prices have increased in Milwaukee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the Milwaukee suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Menomonee Falls, WI, Wauwatosa, WI, Oak Creek, WI, Brookfield, WI, Waukesha, WI, West Allis, WI .
Rent decreased in Shorewood, WI.
5 suburbs are currently priced higher than the city of Milwaukee.
2 suburbs are currently priced lower than the city of Milwaukee.

November 2024 Pricing Trends: Milwaukee vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Milwaukee, WI

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,099

$1,400

$2,800

$4,200

$5,600

Median Rent

Milwaukee Rent Prices More Affordable Than Major Cities

Rent growth in Milwaukee over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Milwaukee average rent prices appear to be relatively affordable for local residents.

The price for a Milwaukee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Milwaukee and surrounding area rent prices, take a look at the complete data set below.

Data set for Milwaukee and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Milwaukee, WI	$1,099.0	6.60%	$1,232.0	2.50%
Menomonee Falls, WI	$1,961.0	11.55%	$2,416.0	6.76%
Wauwatosa, WI	$1,791.0	6.93%	$1,863.0	10.89%
Oak Creek, WI	$1,930.0	3.54%	$2,500.0	-2.57%
Brookfield, WI	$2,034.0	2.26%	$2,488.0	1.80%
Shorewood, WI	$923.0	-0.75%	$1,334.0	4.55%
Waukesha, WI	$1,261.0	1.12%	$1,270.0	-1.24%
West Allis, WI	$1,090.0	9.44%	$1,375.0	5.53%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.