$0
Average Rent
$1,485 average rent in Milwaukee, Q3 2026
0%
Occupancy Rate
96% occupancy rate Milwaukee, Q3 2026
0
T4Q Net Absorption
3,086 T4Q net absorption in Milwaukee, Q3 2026
0%
Annual Rent Change
4% annual rent change in Milwaukee, Q3 2026
0
BPS Annual Occupancy Change
60 BPS annual occupancy change in Milwaukee, Q3 2026
0
T4Q Unit Completions
1,288 T4Q net absorption in Milwaukee, Q3 2026
KEY TAKEAWAYS
- Annual absorption of 3,086 units has more than doubled the 1,288 units delivered over the past year, reaching its highest level since 2021.
- Effective rents rose 3.5% year over year to $1,485, the strongest annual gain since 2022, with all 16 submarkets posting increases.
- Occupancy climbed 60 basis points from a year ago to 96.4%, its highest level since 2023, even as the construction pipeline has expanded.
MARKET OUTLOOK
Milwaukee’s multifamily market stands among the tightest in the Midwest, with occupancy at 96.4% and annual rent growth accelerating to 3.5%…
Milwaukee Advisors
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Northeast / Mid-Atlantic & Northeast
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Massachusetts
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Missouri
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00225447 (KS) & 2006007641 (MO)
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Midwest / Heartland
Office Location
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2013036603
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