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1630 W. National Ave
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721-727 S 9Th St
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900 S 5Th St
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625 South 5Th Street
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720 W Virginia St
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522 S 6Th St
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1234 W. Walker Street
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1235 W National Ave
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Mineral
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Brix Apartment Lofts
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Serif Mke
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931 S 15Th St
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Timber Lofts Mke
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Maxwell
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1535 S 5Th St Lower
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625 W Freshwater Way
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747 W Freshwater Way
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133 W Oregon St
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1629-1631 S 7Th St
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Golden Domes Apartments
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Freshwater Plaza
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1533 W Greenfield Ave
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1656 S 8th Street
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Kunzelmann Esser Lofts
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130-138 W. Pittsburgh Ave. and 174-192 S 2nd St.
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Apartments in Walker's Point Milwaukee

1 of 241 Results
35
3D Tour
$1,408 - 2,445
Trio
5.0
124 W Washington St Milwaukee, WI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
26
$1,270 - 1,430
Element Apartments
924 South 5Th St. Milwaukee, WI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
7
$775 - 895
1630 W. National Ave
Milwaukee, WI
1 - 2 BR | Available Now
Contact
Heat Included
Dishwasher
Clarke Square
8
$995
721-727 S 9Th St
Milwaukee, WI
3 BR | Available Now
Contact
Storage
Dishwasher
Walker's Point
2
$550 - 1,850
900 S 5Th St
Milwaukee, WI
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Storage
7
$1,495
625 South 5Th Street
Milwaukee, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
4
$1,600 - 1,875
720 W Virginia St
Milwaukee, WI
1 - 2 BR | Apr. 1, 2023
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Storage
1
$800
522 S 6Th St
Milwaukee, WI
1 BR | Apr. 10, 2023
Contact
Balcony, Deck, Patio
Storage
Disability Access
Dishwasher
Walker's Point
5
$650
1234 W. Walker Street
Deal
Milwaukee, WI
1 BR | Available Now
Contact
Heat Included
Walker's Point
4
$975
1235 W National Ave
Milwaukee, WI
3 BR | Available Now
Contact
Balcony, Deck, Patio
Storage
Dishwasher
Walker's Point
5
$795
Mineral
1002 S 3Rd St. Milwaukee, WI
Studio | Available Now
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Dog Friendly
Cat Friendly
Walker's Point
32
$1,350 - 2,317
Brix Apartment Lofts
Deal
3.8
408 Florida Street Milwaukee, WI
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Air Conditioning
Covered Parking
11
$1,500
Serif Mke
326 W Florida St Milwaukee, WI
1 BR | Aug. 1, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
0
$400
931 S 15Th St
Milwaukee, WI
1 BR | Available Now
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Storage
Disability Access
Dishwasher
Clarke Square
9
3D Tour
$2,000
Timber Lofts Mke
300 W Florida St Milwaukee, WI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Storage
20
$1,343 - 2,840
Maxwell
234 W Florida Street, Suite 208 Milwaukee, WI
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
Storage
5
$1,005
1535 S 5Th St Lower
Milwakee, WI
3 BR | Ask for Availability
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Clock Tower Acres
$575
1607 S. 8th Street
Milwaukee, WI
1 BR | Available Now
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Heat Included
Storage
Historic Mitchell Street
32
$1,725 - 2,500
625 W Freshwater Way
4.5
Milwaukee, WI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
3
$1,995 - 3,300
640 W Freshwater Way
Milwaukee, WI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
9
Call for Pricing
747 W Freshwater Way
Milwaukee, WI
1 - 2 BR | Jun. 15, 2023
Contact
Balcony, Deck, Patio
Storage
Dishwasher
3
$1,800 - 3,200
133 W Oregon St
Milwaukee, WI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Disability Access
Dishwasher
3
$650
1629-1631 S 7Th St
Milwaukee, WI
Studio | Available Now
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Balcony, Deck, Patio
Storage
Disability Access
Dishwasher
Historic Mitchell Street
8
$720 - 800
Golden Domes Apartments
521 W. Lapham Blvd. Milwaukee, WI
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
14
$1,399 - 1,485
Freshwater Plaza Apartments
Deal
1320 S 1St St Milwaukee, WI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
6
$1,395
Freshwater Plaza
1320 S 1St Street Milwaukee, WI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Clock Tower Acres
10
$825
1533 W Greenfield Ave
Milwaukee, WI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Historic Mitchell Street
5
$475
1656 S 8th Street
Deal
Milwaukee, WI
Studio | Available Now
Contact
Heat Included
Surface Parking
Historic Mitchell Street
14
$850 - 870
Kunzelmann Esser Lofts
710 W. Historic Mitchell Milwaukee, WI
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
6
$1,600
130-138 W. Pittsburgh Ave. and 174-192 S 2nd St.
Milwaukee, WI
1 BR | Available Now
Contact
Balcony, Deck, Patio
Dishwasher
1 - 30 of 241 Results
  1. Home
  2. Milwaukee
  3. Walker's Point

How much does it cost to rent an apartment in Milwaukee?

Milwaukee Apartments
Bed Type Average Rent Range
Studio $730 $480 - $1,490
1BR $900 $600 - $1,730
2BR $1,100 $700 - $2,980
3BR $1,300 $800 - $2,470
4+BR $1,600 $940 - $2,970
Frequently Asked Questions

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

Rentable.co has over 27,876 apartments available in Milwaukee.

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

The average rent for a studio apartment in Milwaukee is around $730 per month.

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

The average rent for a one-bedroom apartment in Milwaukee is around $900 per month.

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

The average rent for a two-bedroom apartment in Milwaukee is around $1,100 per month.

How expensive is living in Milwaukee, WI?

Based on average rent prices in Milwaukee, to afford a studio apartment you would need an annual salary of $29,000 to live comfortably.

Walker's Point Neighborhood Summary

Worlds collide in the Walker's Point/ Fifth Ward neighborhood- blending the area's rich industrial history with modern art and progressive thought. This is an up-and-coming place to live as it works through the revitalization process and seeks to secure it's own identity on Milwaukee's south side.

Shabby-chic brick warehouses and shops dominate the Walker's Point landscape. The area is fast becoming a hot spot for entrepreneurs and visionaries, who see its potential as a new, trendy neighborhood for nightlife and the ultimate urban living experience.

This neighborhood has an eclectic style for mixing traditional architecture with modern twists. It is home to the Allen Bradley Clock Tower, a Milwaukee icon. The tower stands as the world's largest four-faced clock and is featured in the Guinness Book of World Records. It's the centerpiece of Rockwell Automation, one of Wisconsin's largest and well-established manufacturing companies.

However, just moments away, you'll find the recently constructed Iron Horse Hotel, a luxurious accommodation which rivals the Pfister in both sophistication and price. The Iron Horse infused the industrial culture of Walker's Point with hip, modern design, creating a truly unique experience for its guests.

While much of Walker's Point is industrial, there are small pockets of residential homes, mainly located on the eastern edges of the neighborhood. It's a particularly friendly area for Milwaukee's LGBT community, and boasts some of the hottest nightlife in the city.

New condominium complexes, office and retail developments continue to build up this historic, industrial area and generate excitement for this neighborhood on the rise. It's only a matter of time before the Walker's Point/ Fifth Ward is not only a neighbor, but a rival to the highly credited Third Ward neighborhood, separated only the the waters of the Milwaukee River.

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Milwaukee:
March Rent Report

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

Milwaukee rent prices decreased over the last month. From February to March, the city experienced a -7.73% decrease for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $1,098.0.

When we take a look at the two-bedroom comparison from February to March, Milwaukee experienced a -3.97% decrease for the price of a two-bedroom apartment. The rent price for a Milwaukee two-bedroom apartments currently stands at $1,138.0.

March 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 3 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, Shorewood, WI .

  • Rent decreased in Brookfield, WI, Menomonee Falls, WI, Oak Creek, WI.

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

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

March 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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Milwaukee, WI $1,190.0 -3.49% $1,185.0 -3.66%
Waukesha, WI $1,306.0 1.63% $1,758.0 3.72%
Wauwatosa, WI $1,643.0 1.23% $2,189.0 0.05%
Brookfield, WI $1,484.0 -2.37% $2,006.0 -1.43%
Menomonee Falls, WI $1,300.0 -0.15% $1,616.0 -2.71%
Oak Creek, WI $1,335.0 -1.62% $1,584.0 -2.10%
Shorewood, WI $834.0 2.21% $1,395.0 0.00%

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.