Housing & Real Estate
Housing in Milwaukee centers on a median value of $184,000 (estimated market value runs 17% higher at $215,464), with median rent $1,059 (about the same as Milwaukee County median $1,101; about the same as Wisconsin median $1,087). Homeownership rate: 41.8%. That's 1.3× below the Milwaukee County median ($230,700); 1.4× below the Wisconsin median ($266,500). Market is warm. Vacancy rate 10.4%. New construction makes up 4.2% of stock. 131 nursing facilities on file. A municipal building code is in effect.
- 3.4× annual income — home value vs. household income (vs Wisconsin 3.1×).
- 14.5 years to break even renting at the median (vs Wisconsin 18y).
- 4-BR rent is 1.7× a studio — rent gradient by unit size.
- Median rent 20% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $184,000 — 0.8× the Wisconsin median ($225,700). Median rent $1,059/month. homeownership rate 41.8% — below the U.S. share of ~65%.
| Fair Market Rent · Studio rent | $1,027 (vs Wisconsin $932) |
|---|---|
| Fair Market Rent · One-bedroom rent | $1,119 (vs Wisconsin $988) |
| Fair Market Rent · Two-bedroom rent | $1,338 (vs Wisconsin $1,246) |
| Fair Market Rent · Three-bedroom rent | $1,648 (at Wisconsin median) |
| Fair Market Rent · Four-bedroom rent | $1,784 (at Wisconsin median) |
| Fair Market Rent · HUD FMR area | Milwaukee-Waukesha, WI MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Median Home Value | $184,000 (vs Wisconsin $225,700) |
| Median Rent | $1,059 (at Wisconsin median) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Facilities (7)
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Wisconsin median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Wisconsin median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Wisconsin median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 50.9% (vs Wisconsin 47.7%) |
| Broadband · Broadband-capable premises | 290,443 |
| Electricity · Electricity rate (¢/kWh) | 17.18¢/kWh |
| Electricity · Customers | 2843874 |
| Electricity · Revenue Millions | $3,783 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% (at Wisconsin median) |
| Mobile Broadband · 5G mobile coverage | 100% (at Wisconsin median) |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · EPA SDWIS — matched by city+state · Refreshed unknown