Apartments in 53172

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$1,000
508 Lakeview Ave South Milwaukee, WI
2 BR | Available Now
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$899
3344 Marina Rd South Milwaukee, WI
2 BR | Available Now
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How much does it cost to rent an apartment in 53172?

53172 apartments
Bed Type Average Rent Range
Studio $1,050 $750 - $1,100
1BR $1,000 $820 - $1,200
2BR $1,300 $990 - $1,520
Find an Apartment in 53172
Looking for apartments for rent in 53172 South Milwaukee, WI? Rentable has a variety of options available in this area. Currently, there are 57 units for rent in the 53172 zip code. The average rent in this area is $1,200, and you can find studio units starting at $745.

South Milwaukee offers a range of amenities and attractions for residents. Nearby parks such as Grant Park and Oak Creek Parkway provide opportunities for outdoor activities and leisure. This area is also close to community amenities like schools, shopping centers, and restaurants.

If you're searching for an apartment near 53172, Rentable has a selection of rentals that may suit your needs. Explore the listings and find your ideal rental in South Milwaukee, WI.

South Milwaukee:
December Rent Report

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

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in South 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 South Milwaukee average rent prices in the chart below.

Monthly Rent Report

$1,400
$1,050
$700
$350
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

South Milwaukee Rent Prices Decrease From November to December

South Milwaukee rent prices decreased over the last month. From November to December, the city experienced a -1.43% decrease for the price of a one-bedroom apartment. The rent price for a South Milwaukee one-bedroom apartments currently stands at $1,031.0.

When we take a look at the two-bedroom comparison from November to December, South Milwaukee experienced a 0.47% increase for the price of a two-bedroom apartment. The rent price for a South Milwaukee two-bedroom apartments currently stands at $1,293.0.

December Prices: South Milwaukee vs. Surrounding Areas

Rent Prices in South Milwaukee and Surrounding Areas

Rent prices have decreased in South 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 0 of the South Milwaukee suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the South Milwaukee suburbs

  • Rents did not decrease in any of the South Milwaukee suburbs.

December 2024 Pricing Trends: South Milwaukee vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

South Milwaukee Rent Prices More Affordable Than Major Cities

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

The price for a South 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 South Milwaukee and surrounding area rent prices, take a look at the complete data set below.

Data set for South Milwaukee and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

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.