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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Central air, central heat
  • No utilities included
  • Updated kitchen, updated bathroom

Location

3240 N 40th St #NA, Milwaukee, WI 53216, USA|Sherman Park

Property Overview

Featuring central air and heat, an updated kitchen and bathroom, and a deck, this property offers modern comforts and outdoor space. It ranks favorably in terms of value for money and value per square foot compared to local properties. Additionally, its proximity to a top-rated middle school enhances its appeal.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Images Available

Great for

  • Pet owners

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3 Beds

$1,300

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$1,350

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3 Beds

$1,365–$1,385

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$1,395

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Rent trends in Sherman Park

3-bedroom apartments at 3240 N 40th St #NA cost about 4% less than the average rent price for 3-bedroom apartments in Milwaukee.

Median rents as of Feb 28 2026.
Sherman Park
Milwaukee
A table of 3-bedroom apartment rental data trends in Milwaukee
MonthMedian Rent
March 2024$1,398
April 2024$1,443
May 2024$1,477
June 2024$1,450
July 2024$1,483
August 2024$1,497
September 2024$1,448
October 2024$1,398
November 2024$1,396
December 2024$1,398
January 2025$1,412
February 2025$1,456
March 2025$1,521
April 2025$1,587
May 2025$1,549
June 2025$1,500
July 2025$1,529
August 2025$1,549
September 2025$1,496
October 2025$1,494
November 2025$1,500
December 2025$1,496
January 2026$1,494
February 2026$1,507
A table of 3-bedroom apartment rental data trends in Sherman Park
MonthMedian Rent
March 2024$995
April 2024$995
May 2024$995
October 2024$1,200
November 2024$1,200
December 2024$1,100
January 2025$1,000
February 2025$1,075
March 2025$1,210
April 2025$1,222
May 2025$1,138
June 2025$1,196
July 2025$1,133
August 2025$1,097
September 2025$1,217
October 2025$1,195
December 2025$1,073
January 2026$1,169
February 2026$1,300

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 3240 N 40th St, Milwaukee, WI.
6 months ago$1,250

Schools near 3240 N 40th St #NA

Townsend Street Elementary School

3360 n sherman blvd

milwaukee, WI, 53216

PK, K-8Public
C-

Acelero Learning - JO's Learning Academy

4801 west north ave

milwaukee, WI, 53208

PKPublic

Grant Gordon Learning Center

921 w meinecke ave

milwaukee, WI, 53206

PK, KPublic
B-

Acelero Learning - Walton Center

7833 west capitol dr

milwaukee, WI, 53222

PKPublic

Acelero Learning - Penfield Children's Center

833 north 26th st

milwaukee, WI, 53233

PKPublic
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Internet available near 3240 N 40th St #NA

Getting around Milwaukee near 3240 N 40th St #NA

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 3240 N 40th St #NA, Milwaukee

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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