The subject of today’s neighborhood snapshot is Downtown, Milwaukee, Wisconsin. Based on our analysis, Downtown, Milwaukee’s year-over-year average rents saw no significant change in rent prices across all bedroom types.
Our standard neighborhood analysis uses a 12-month “LookBack” to establish an average baseline rent. The results from the 12-month LookBack analysis are presented in the tables below for Downtown, Milwaukee 1-2 bedroom rents from November 1, 2020 – November 1, 2021:
As demonstrated by the table above, year-over-year performance for 1BR and 2BR units saw no change in rent prices from last year.
Rentometer is the #1 tool for comparing residential rent rates anywhere in the U.S. To succeed as a real estate investor, you need solid, current market intelligence to help you set the right rent rates in Milwaukee. Understanding local rents (and the factors that drive them) can help reduce investment risk, increase occupancy and improve your cash flow – and income. With Rentometer, you have local, current rents available right at your fingertips.
This article was written by the Rentometer Content Team. The Rentometer Blog features fresh takes and insights on rental housing topics, services, and technology.