How many apartments are available in Third Ward on Rentable.co?

Rentable.co has over 279 apartments available near Third Ward.

What is the average rent for a studio apartment in Third Ward?

The average rent for a studio apartment near Third Ward is around $1,095 per month.

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

The average rent for a one-bedroom apartment near Third Ward is around $1,492 per month.

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

The average rent for a two-bedroom apartment near Third Ward is around $1,942 per month.

How many apartments are available in Milwaukee, WI on Rentable.co?

Rentable.co has over 33,672 apartments available in Milwaukee.

What is the average rent for a studio apartment in Milwaukee, WI?

The average rent for a <a href='/milwaukee-wi/studio-apartments-for-rent' >studio apartment</a> in Milwaukee is around $990 per month.

What is the average rent for a one-bedroom apartment in Milwaukee, WI?

The average rent for a <a href='/milwaukee-wi/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Milwaukee is around $1,160 per month.

What is the average rent for a two-bedroom apartment in Milwaukee, WI?

The average rent for a <a href='/milwaukee-wi/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Milwaukee is around $1,290 per month.

How expensive is it to rent an apartment in Milwaukee, WI?

For a two-bedroom apartment in Milwaukee, the average rent price is $1,290 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Milwaukee, WI?

Based on average rent prices in Milwaukee, to afford a <a href='/milwaukee-wi/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $40,000 to live comfortably.

Apartments in Third Ward Milwaukee

Milwaukee:
December Rent Report

Welcome to the December 2025 Milwaukee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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

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1 BR 2 BR

Milwaukee Rent Prices Decrease From November to December

Milwaukee rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Milwaukee experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $.

December 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 0 of the 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 Milwaukee suburbs
Rents did not decrease in any of the Milwaukee suburbs.

December 2025 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 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.