Furnished Apartments in Milwaukee, WI

1 of 7 Results
16
$1,375 - 1,845
Trostel Square
1818 North Commerce Street Milwaukee, WI
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
12
$1,660 - 2,900
4175 N Oakland Ave
Milwaukee, WI
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
26
$1,275 - 1,425
Frederick Lofts
3.3
840 W Juneau Ave Milwaukee, WI
1 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
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How much does it cost to rent a furnished apartment in Milwaukee?

furnished apartments
Bed Type Average Rent Range
1BR $1,380 $1,280 - $1,650
2BR $2,130 $1,290 - $2,640
Milwaukee Apartments
Bed Type Average Rent Range
Studio $740 $530 - $1,400
1BR $930 $600 - $1,790
2BR $1,200 $700 - $3,560
3BR $1,360 $800 - $4,180
4+BR $1,690 $930 - $2,970
Milwaukee Furnished Apartments vs. Milwaukee Average

Milwaukee:
June Rent Report

Welcome to the June 2023 Milwaukee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 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

Milwaukee Rent Prices Decrease From May to June

Milwaukee rent prices decreased over the last month. From May to June, the city experienced a -2.84% decrease for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from May to June, Milwaukee experienced a 1.62% increase for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $1,127.0.

June Prices: Milwaukee vs. Surrounding Areas

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 Waukesha, WI, Wauwatosa, WI, Menomonee Falls, WI, Shorewood, WI .

  • Rent decreased in Brookfield, WI, Oak Creek, WI, South Milwaukee, WI.

  • 6 suburbs are currently priced higher than the city of Milwaukee.

  • 1 suburb is currently priced lower than the city of Milwaukee.

June 2023 Pricing Trends: Milwaukee vs. National Comparisons

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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Milwaukee, WI $987.0 -10.11% $1,109.0 -2.55%
Waukesha, WI $1,494.0 5.66% $1,957.0 4.82%
Wauwatosa, WI $1,751.0 2.70% $2,053.0 -5.44%
Brookfield, WI $1,441.0 -0.21% $1,998.0 -0.79%
Menomonee Falls, WI $1,372.0 2.93% $1,620.0 1.25%
Oak Creek, WI $1,305.0 -0.38% $1,545.0 -0.26%
Shorewood, WI $881.0 1.85% $1,407.0 0.86%
South Milwaukee, WI $1,049.0 0.00% $1,435.0 3.84%

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.