Milwaukee, Wisconsin, USA Skyline

$0

Average Rent

$1,480 average rent in Milwaukee, Q2 2026

0%

Occupancy Rate

96% occupancy rate Milwaukee, Q2 2026

0

T4Q Net Absorption

3,202 T4Q net absorption in Milwaukee, Q2 2026

0%

Annual Rent Change

3% annual rent change in Milwaukee, Q2 2026

0

BPS Annual Occupancy Change

15 BPS annual occupancy change in Milwaukee, Q2 2026

0

T4Q Unit Completions

1,158 T4Q net absorption in Milwaukee, Q2 2026

Key Takeaways

  • Demand continues to outpace supply decisively, supporting four consecutive quarters of positive net absorption across the metro.
  • Rent growth ranks second among Milwaukee’s Midwest peers behind only Chicago, while occupancy leads the entire region, a combination that positions Milwaukee among the strongest performers in the Midwest this cycle.
  • The construction pipeline remains modest overall, and while starts have ticked up slightly from a year ago, the market is still positioned for a limited delivery window through the remainder of 2026.

Market Outlook

Milwaukee enters the second half of 2026 from a position of strength, leading its Midwest peer group in occupancy and ranking a close second in rent growth…