Property Prices in Milwaukee, WI, United States

Index Info
Price to Income Ratio: 1.86
Mortgage as Percentage of Income: 16.69%
Loan Affordability Index: 5.99
Price to Rent Ratio - City Centre: 4.82
Price to Rent Ratio - Outside of Centre: 5.71
Gross Rental Yield (City Centre): 20.73%
Gross Rental Yield (Outside of Centre): 17.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,599.38 $ 1,300.00-1,880.00
Apartment (1 bedroom) Outside of Centre 1,255.71 $ 800.00-1,660.00
Apartment (3 bedrooms) in City Centre 2,978.33 $ 2,400.00-3,390.00
Apartment (3 bedrooms) Outside of Centre 1,896.67 $ 1,300.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 158.79 $ 150.00-193.98
Price per Square Feet to Buy Apartment Outside of Centre 134.80 $ 120.00-193.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,250.86 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 5.82-6.80

These data are based on 106 entries in the past 18 months from 32 different contributors.
Last update: March 2024

Sources and References
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1 Comments so far
Ricardo on Jun 02, 2023:
The average monthly net salary is wrong. That suggest that the average salary is 90000 a year. Which is not supported by the data.