Rowe MKE
1845 N Water St,
Milwaukee, WI 53202
$1,699 - $5,665
Studio - 3 Beds
Downtown Milwaukee offers a fascinating blend of art, culture, history, and sophistication. Entertainment ranges from an evening at the opera to catching a rock concert. As the artistic hub of the city, Downtown Milwaukee is home to more than 40 art galleries. It is also home to places like the Milwaukee Public Museum, the Streets of Old Milwaukee, and the Milwaukee Riverwalk. Downtown Milwaukee is home to several smaller neighborhoods, each adding their own unique flair to the city center. These neighborhoods include the financial hub of East Town, the chic and trendy Historic Third Ward, the sports hub of Westown, and the elegant North End. The two-mile-long Riverwalk is home to some of the city's best brewpubs, restaurants, public art, and more. Downtown Milwaukee is minutes from Marquette University and the Milwaukee School of Engineering.
As of April 2026, the average apartment rent in Downtown Milwaukee is $1,161 for a studio, $1,507 for one bedroom, and $1,569 for two bedrooms. Apartment rent in Downtown Milwaukee has increased by 1.6% in the past year.
Studio
307 sq ft
Average Sq Ft
$1,161/month
Average Rent
1 BR
618 sq ft
Average Sq Ft
$1,507/month
Average Rent
2 BR
436 sq ft
Average Sq Ft
$1,569/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Milwaukee - Milwaukee, WI is for everyday living.
Very Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Downtown Milwaukee - Milwaukee, WI offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Downtown Milwaukee - Milwaukee, WI provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Milwaukee - Milwaukee, WI from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Great Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
3,482
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.