Milwaukee, WI Real Estate
Milwaukee anchors one of Wisconsin's largest metro areas with a population of about 569,756. The median home value is near $172,000, and median rent runs around $1,033/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$172,000
Median Rent
$1,033/mo
Population
569,756
Median Income
$51,888
Median Age
32.2
Homeownership
41.5%
Monthly payment on a median Milwaukee home
Example for a $172,000 home: 20% down, 30-yr at ~6.75%, WI property tax ~1.51%, 0.4% insurance.
Est. monthly (PITI)
$1,166
Principal & interest
$892
Property tax / mo
$216
Down payment (20%)
$34,400
Milwaukee at a glance
- 17.2% of residents 25+ hold a bachelor's degree or higher.
- 41.5% of occupied homes are owner-occupied.
- Median household income is $51,888.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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