Property Prices in Milwaukee, WI, United States

Index Info
Price to Income Ratio: 2.49
Mortgage as Percentage of Income: 22.57%
Loan Affordability Index: 4.43
Price to Rent Ratio - City Centre: 5.49
Price to Rent Ratio - Outside of Centre: 6.99
Gross Rental Yield (City Centre): 18.20%
Gross Rental Yield (Outside of Centre): 14.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,599.17 $ 1,300.00-1,880.00
Apartment (1 bedroom) Outside of Centre 1,255.00 $ 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,756.00 $ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,746.67 $ 1,200.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 174.65 $ 150.00-209.96
Price per Square Feet to Buy Apartment Outside of Centre 159.65 $ 120.00-209.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,610.90 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.90

These data are based on 99 entries in the past 18 months from 31 different contributors.
Last update: January 2025

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.