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Rental Market Trends in South Milwaukee, WI

What is the average rent in South Milwaukee, WI?

$970/month

Average Rent

732 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of June 2025, the average rent in South Milwaukee, WI is $970 per month. This is 40% lower than the national average rent of $1,628/month, making renting in South Milwaukee more affordable than most cities in the US. When you rent an apartment in South Milwaukee, you can expect to pay about $871 per month for a studio, $970 for a one-bedroom apartment, and around $1,022 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,275 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$871/month
424 Sq Ft
One Bedroom
$970/month
732 Sq Ft
Two Bedroom
$1,022/month
898 Sq Ft
Three Bedroom
$1,275/month
1,183 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in South Milwaukee, WI?

In the past year, rent has increased by 3.8%, which averages out to $37 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in South Milwaukee, WI
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in South Milwaukee, WI
Percentage*
Rent Range
13% Below $700/month
47% $700 - $1,000/month
40% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in South Milwaukee, WI?

Because the average rent in South Milwaukee is $970, you’ll want to make about $3,233 per month or $38,796 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

South Milwaukee, WI

112 Available Apartments for Rent

Search for Nearby Apartments

How does South Milwaukee, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare South Milwaukee, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for South Milwaukee, WI

Apartment Averages

Nearby City Rent Trends

  • Oak Creek Average Rent
  • Cudahy Average Rent
  • Saint Francis Average Rent
  • Greendale Average Rent
  • Franklin Average Rent
  • Greenfield Average Rent

Apartment communities in South Milwaukee we think you'll love

The Reserve on South Towne

The Reserve on South Towne

333 Southtowne Dr,
South Milwaukee, WI 53172

1-2 Beds | $1,199 - $1,549

Drexel Ridge Apartments

Drexel Ridge Apartments

7798 S Drexel Ridge Way,
Oak Creek, WI 53154

Studio - 3 Beds | $1,340 - $6,235

Newbury Place Apartments

Newbury Place Apartments

8385 S Yorkshire Dr,
Oak Creek, WI 53154

1-2 Beds | $1,195 - $1,495

3010 5th Ave

3010 5th Ave

3010 5th Ave,
South Milwaukee, WI 53172

1 Bed | $800

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United States Wisconsin South Milwaukee Rental Trends

Methodology

† 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity