Apartments Under $1,200 in Milwaukee, WI: May Rental Information
Welcome to the May 2026 Milwaukee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Milwaukee rental landscape.
Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Milwaukee and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,200 in Milwaukee. Whether you're a student, young professional, or small family, this report aims to provide you with the necessary information to find your ideal apartment at an affordable price in Milwaukee.
This month, the typical cost to rent a one-bedroom apartment in Milwaukee stands at $1,050, with the majority falling between $650 and $2,000. Out of the 5,312 one-bedroom apartments currently on the market in Milwaukee, 2,656 are priced below $1,200, accounting for 50% of the total available one-bedroom units in Milwaukee.
Available Apartments Under $1,200: Milwaukee vs. Surrounding Areas