Property Prices in Milwaukee, WI, United States

Index Info
Price to Income Ratio: 5.65
Mortgage as Percentage of Income: 46.50%
Loan Affordability Index: 2.15
Price to Rent Ratio - City Centre: 20.23
Price to Rent Ratio - Outside of Centre: 21.01
Gross Rental Yield (City Centre): 4.94%
Gross Rental Yield (Outside of Centre): 4.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,505.77 $ 1,300.00-1,880.00
Apartment (1 bedroom) Outside of Centre 1,048.46 $ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,094.00 $ 2,700.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,623.33 $ 1,200.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 656.66 $ 595.00-699.99
Price per Square Feet to Buy Apartment Outside of Centre 418.33 $ 360.00-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,119.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.46 3.50-5.89

These data are based on 97 entries in the past 18 months from 18 different contributors.
Last update: May 2023

Sources and References
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