Property Prices in Milwaukee, WI, United States

Index Info
Price to Income Ratio: 3.23
Mortgage as Percentage of Income: 22.96%
Loan Affordability Index: 4.36
Price to Rent Ratio - City Centre: 10.13
Price to Rent Ratio - Outside of Centre: 5.70
Gross Rental Yield (City Centre): 9.87%
Gross Rental Yield (Outside of Centre): 17.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,180.87 $ 850.00-1,530.00
Apartment (1 bedroom) Outside of Centre 925.20 $ 740.00-1,530.00
Apartment (3 bedrooms) in City Centre 2,140.00 $ 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,281.67 $ 1,000.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 243.14 $ 163.19-338.44
Price per Square Feet to Buy Apartment Outside of Centre 95.84 $ 69.79-180.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,821.85 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.73 2.75-4.75

These data are based on 182 entries in the past 18 months from 39 different contributors.
Last update: February 2021

Sources and References
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