How many apartments are available in 53222 on Rentable.co?
Rentable.co has 13 apartments available for rent in 53222.
What is the average rent for an apartment in 53222?
The average rent for an apartment in 53222 is around $1,220 per month.
What is the average rent for a two-bedroom apartment in 53222?
The average rent for a two-bedroom apartment in 53222 is around $1,150 per month.
Find an Apartment in 53222
Looking for apartments for rent in the 53222 zip code in Milwaukee, WI? Rentable currently has a total of 17 available units in this area. The average rent in 53222 is approximately $$1,150 per month. The most affordable option for a floor plan type is 1-bedroom, with rents starting at $$795.
If you're searching for apartments near 53222 in Milwaukee, WI, Rentable's listings can help you find the perfect place to call home. Take a look at the available apartments in this area and find one that meets your needs and preferences.
Milwaukee: May Rent Report
Welcome to the May 2024 Milwaukee Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 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
$1,400
$1,050
$700
$350
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR2 BR
Milwaukee Rent Prices Decrease From April to May
Milwaukee rent prices decreased over the last month. From April to May, the city experienced a -0.41% decrease for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $1,201.0.
When we take a look at the two-bedroom comparison from April to May, Milwaukee experienced a 0.59% increase for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $1,192.0.
May Prices: Milwaukee vs. Surrounding Areas
Brookfield, WI
Hales Corners, WI
Wauwatosa, WI
Menomonee Falls, WI
Oak Creek, WI
Waukesha, WI
Milwaukee, WI
West Allis, WI
$1,795
$1,641
$1,488
$1,435
$1,337
$1,254
$1,152
$1,029
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent
Rent Prices in Milwaukee and Surrounding Areas
Rent prices have decreased 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 4 of the Milwaukee suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Oak Creek, WI, Wauwatosa, WI, Menomonee Falls, WI, Waukesha, WI .
Rent decreased in Brookfield, WI, Hales Corners, WI, West Allis, WI.
6 suburbs are currently priced higher than the city of Milwaukee.
1 suburb is currently priced lower than the city of Milwaukee.
May 2024 Pricing Trends: Milwaukee vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Milwaukee, WI
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$1,152
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Milwaukee Rent Prices More Affordable Than Major Cities
Rent growth in 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, 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 May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Milwaukee, WI
$1,152.0
-4.08%
$1,206.0
1.17%
Brookfield, WI
$1,795.0
-5.58%
$2,297.0
-5.16%
Oak Creek, WI
$1,337.0
0.45%
$1,787.0
1.30%
Wauwatosa, WI
$1,488.0
0.27%
$1,741.0
-2.90%
Menomonee Falls, WI
$1,435.0
2.87%
$1,736.0
-0.17%
Waukesha, WI
$1,254.0
1.70%
$1,476.0
0.68%
Hales Corners, WI
$1,641.0
-3.98%
$1,762.0
-11.06%
West Allis, WI
$1,029.0
-6.96%
$1,339.0
-0.45%
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.