South Milwaukee, Wisconsin Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the South Milwaukee, Wisconsin rental market.
South Milwaukee, Wisconsin
Average Apartment Rent
$1,090
Y-o-Y Change in Average
Apartment Rent
-3.5%
As of May 2026
Compared to a year ago, South Milwaukee, Wisconsin apartments have recorded a -3.5% rent decrease.
South Milwaukee, Wisconsin Average apartment rent trend
South Milwaukee, Wisconsin Average Apartment Rent
South Milwaukee, Wisconsin Apartment rent ranges
At 75.08%, apartments priced $1,000 - $1,500 represent the bulk of South Milwaukee, Wisconsin rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 2.17%.
South Milwaukee, Wisconsin Housing tenure**
Renters take up 35% of South Milwaukee, Wisconsin real estate, occupying a total of 2,981 units, while homeowners live in 5,562 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$42,088
Average household size of renter-occupied housing units**
2.16
Rental vacancy rate**
1.8%
South Milwaukee, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 1,255 rentals in South Milwaukee, Wisconsin with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 39 units. Overall, the median number of rooms in South Milwaukee, Wisconsin homes for rent is 4.
South Milwaukee, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in South Milwaukee, Wisconsin are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
South Milwaukee, Wisconsin Renter-occupied housing units by family type**
South Milwaukee, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 1,290 apartments for rent in South Milwaukee, Wisconsin, or 43% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 724 units. All in all, the median size of a renter-occupied household in South Milwaukee, Wisconsin is 2.16.
South Milwaukee, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in South Milwaukee, Wisconsin.
South Milwaukee, Wisconsin Renter-occupied units by year structure built**
The highest share of South Milwaukee, Wisconsin apartment rentals, namely 22% or 641 units, were Built 1939 or earlier, followed by those Built 1950 - 1959 (19%, 577 units), and the ones Built 1980 - 1989 (14%, 420 units).
South Milwaukee, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most South Milwaukee, Wisconsin renters (52%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their South Milwaukee, Wisconsin condos for rent is 2015.
South Milwaukee, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of South Milwaukee, Wisconsin renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 15% have No vehicle available.
South Milwaukee, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
South Milwaukee, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all South Milwaukee, Wisconsin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
