How many apartments are available in 53209 on Rentable.co?

Rentable.co has 35 apartments available for rent in 53209.

What is the average rent for an apartment in 53209?

The average rent for an apartment in 53209 is around $1,300 per month.

What is the average rent for a two-bedroom apartment in 53209?

The average rent for a two-bedroom apartment in 53209 is around $1,300 per month.

What is the average rent for a one-bedroom apartment in 53209?

The average rent for a one-bedroom apartment in 53209 is around $1,160 per month.

Apartments in 53209

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

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 BR 2 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

$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

$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.