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📊 Wisconsin · Housing Market 2026

Milwaukee Housing Market Data 2026

Median prices, cap rates, rent benchmarks, and investment outlook for Milwaukee, Wisconsin — data sourced from Zillow, HUD FMR, and Census ACS.
🟡 Moderate Market Median Price:$218,000 Cap Rate:7.0% Vacancy:7.6% 12-Mo Outlook:→ Neutral
$218,000
Median Home Price
YoY: +2.8%
7.0%
Avg Cap Rate
Cash-on-cash: 6.3%
$1,450
Median Rent (2BR/mo)
YoY: +1.5%
7.6%
Vacancy Rate
High — watch carefully
38 days
Days on Market
Moderate pace
$218,000 / 7.0%
Price / Cap Rate
🟡 Moderate Market

📈 Market Analysis — Milwaukee, WI

In 2026, Milwaukee remains a premier "value play" for real estate investors, characterized

🔮 12-Month Predictive Outlook View All Markets →

Price Trend
→ Neutral
12-mo forecast: $223,227
Confidence: 92%
Rent Growth
→ Stable
12-mo forecast: $1,470/mo
Confidence: 90%
Emerging Score
62/100
Confidence: 92%
Price Momentum +2.8% YoY (national: +2.3%)
Days on Market 38 days (national avg: 38)
Predictions are rule-based forecasts based on price momentum, rent data, vacancy trends, and population growth. Not investment advice. See full rankings →

🏘️ Rent Breakdown — HUD Fair Market Rents

HUD Fair Market Rent represents the 40th percentile of gross rents paid by recent movers in Milwaukee. Used as a benchmark for Section 8 voucher limits and rental market analysis.

Bedroom Count Monthly Rent (HUD FMR) Annual Rental Income Est. Cap Rate at Median Price
1 Bedroom $1,110/mo $13,320/yr 4.3% est.
2 Bedrooms $1,450/mo $17,400/yr 5.6% est.
3 Bedrooms $1,930/mo $23,160/yr 7.4% est.
* Estimated cap rate uses the 70% rule (30% reserved for expenses). Actual cap rates vary by property and management style.

💰 Cost of Investing in Milwaukee

Cost ItemRate / AmountEst. Annual CostMonthly Cost
Property Tax 1.6% effective rate $3,575 $298/mo
Homeowners Insurance Wisconsin avg premium $1,500 $125/mo
Total Tax + Insurance Based on median home price of $218,000 $423/mo

These figures reflect state-level averages. Property tax rates vary by county; insurance costs vary by property type, age, and claims history. Source: Tax Foundation (2025), NAIC (2024).

⚖️ How Milwaukee Compares to National Averages

Avg Cap Rate
7.0%
National avg: 5.5%
✓ Above average
Median Home Price
$218,000
National avg: $371,696
✓ More affordable
Vacancy Rate
7.6%
National avg: 7.6%
✓ Low vacancy
2BR Median Rent
$1,450/mo
National avg: $1,753/mo
Days on Market
38 days
National avg: 38 days
Price Growth YoY
+2.8%
National avg: +2.3%

National averages calculated across all 69 tracked US investor markets. A cap rate above the national average suggests stronger cash flow potential relative to purchase price.

🗺️ Nearby Markets in Wisconsin

No other markets in this state.

View all Wisconsin markets →
Related Guides & Resources
BRRRR Strategy Guide Vacancy Rate Calculator Rental Yield Calculator Market Rankings Best Market Data Tools All Markets
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