Rent by ZIP · Milwaukee County
Rent in Milwaukee, WI 53223
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,260 (-7.4% vs FY2026). Renters in this ZIP code pay a median $1,109 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $980 | $1,040 | -5.8% | $882–1,078 | $732 ±$138 |
| 1 bedroom | $1,060 | $1,140 | -7% | $954–1,166 | $923 ±$91 |
| 2 bedrooms | $1,260 | $1,360 | -7.4% | $1,134–1,386 | $1,156 ±$45 |
| 3 bedrooms | $1,550 | $1,670 | -7.2% | $1,395–1,705 | $1,336 ±$89 |
| 4 bedrooms | $1,660 | $1,810 | -8.3% | $1,494–1,826 | – |
Small Area FMRs for the Milwaukee-Waukesha, WI MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Milwaukee-Waukesha, WI MSA, 2 bedrooms: $1,263.
What renters pay in 53223
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 53222 | Milwaukee | $1,210 | $1,057 |
| 53224 | Milwaukee | $1,290 | $1,093 |
| 53221 | Milwaukee | $1,320 | $1,184 |
| 53225 | Milwaukee | $1,210 | $1,031 |
| 53220 | Milwaukee | $1,280 | $1,102 |
| 53226 | Milwaukee | $1,510 | $1,492 |
Fair Market Rents across Milwaukee County, WI · All WI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.