21 Hours Ago
Location
2544 N 40th St, Milwaukee, WI 53210, USA|Sherman Park
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Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,138 sqft | $845 /mo | 1 unit available | Leasing Agent Tesa: 402-686-7280 - 2 Beds - 1 Bath - Sorry no pets - Tenants are responsible for appliances and utilities - Call or text Tesa to set up a showing 402-686-7280 [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 2544-2546 N 40th St. (Duplex)
Leasing Agent Tesa: 402-686-7280 - 2 Beds - 1 Bath - Sorry no pets - Tenants are responsible for appliances and utilities - Call or text Tesa to set up a showing 402-686-7280 [Tier 3 Description] • 500 Minimum Credit Score • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No open or ongoing judgements for money in the last 2yrs totaling over $5k • No evictions filed in the last 2yr – regardless of outcome • No bankruptcies filed in the last 2 years –regardless of outcome Housing Qualifications • Combined net monthly income (take home pay) of 2.5 times the monthly rent • No bankruptcies filed in the last 2 years –regardless of outcome • Current Housing Voucher • Applicant may be denied rental after consideration of the nature and severity of the crime, Applicant age at the time of the conduct, and the amount of time that has passed since the criminal conduct occurred. Other factors may be considered on a case-by-case basis. Applicant shall provide any mitigating information or documentation that he or she would like Landlord to consider regarding any convictions at the time of application. • ALL TENANTS MUST SEE THE UNIT IN PERSON. THERE WILL BE NO VIRTUAL SHOWINGS. WE DO NOT ACCEPT JOB LETTERS OF ANY FORM. APPLICANTS MUST HAVE AT LEAST 1 MONTH OF PAYSTUBS WHEN APPLYING. • All Smart Asset Management residents are enrolled in the Insurance Program for $19.95/month. More details upon application. • DO NOT APPLY TO ANY 3RD PARTY SERVICE. WE DO NOT RECEIVE OR ACCEPT THOSE APPLICATIONS Move in Requirement: All tenants must pay the entirety of the 1st full month’s rent and the security deposit with certified funds ONLY upon moving in. Tenants must provide valid I.D. and verify last 4 digits of social security number Current Tenant Requirements: Pictures of your current unit are required and will be asked for upon transfer inquiry Rental history will be reviewed prior to a decision being made
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 2544-2546 N 40th St. (Duplex) compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 2-bedroom is 261 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
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Rent trends in Sherman Park
2-bedroom apartments at 2544-2546 N 40th St. (Duplex) cost about 17% less than the average rent price for 2-bedroom apartments in Sherman Park.
Median rents as of Jan 3 2026.
Sherman Park
Milwaukee
| Month | Median Rent |
|---|---|
| February 2024 | $1,100 |
| March 2024 | $1,140 |
| April 2024 | $1,195 |
| May 2024 | $1,158 |
| June 2024 | $1,189 |
| July 2024 | $1,163 |
| August 2024 | $1,179 |
| September 2024 | $1,195 |
| October 2024 | $1,178 |
| November 2024 | $1,189 |
| December 2024 | $1,152 |
| January 2025 | $1,158 |
| February 2025 | $1,192 |
| March 2025 | $1,213 |
| April 2025 | $1,249 |
| May 2025 | $1,249 |
| June 2025 | $1,261 |
| July 2025 | $1,236 |
| August 2025 | $1,237 |
| September 2025 | $1,250 |
| October 2025 | $1,236 |
| November 2025 | $1,244 |
| December 2025 | $1,202 |
| January 2026 | $1,248 |
| Month | Median Rent |
|---|---|
| February 2024 | $845 |
| March 2024 | $845 |
| May 2024 | $825 |
| June 2024 | $832 |
| July 2024 | $843 |
| August 2024 | $895 |
| September 2024 | $920 |
| October 2024 | $895 |
| November 2024 | $885 |
| December 2024 | $856 |
| January 2025 | $848 |
| February 2025 | $849 |
| March 2025 | $893 |
| April 2025 | $937 |
| May 2025 | $913 |
| June 2025 | $922 |
| July 2025 | $955 |
| August 2025 | $923 |
| September 2025 | $905 |
| October 2025 | $885 |
| November 2025 | $904 |
| December 2025 | $1,012 |
| January 2026 | $1,022 |
Affordability calculator
Can I afford to live at 2544 N 40th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$33,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,800 annually to afford this 2-bedrooms monthly rent price of $845.
For more information on rent affordability, visit our rent calculator.
Schools near 2544-2546 N 40th St. (Duplex)
Metcalfe Elementary School
3400 w north ave
milwaukee, WI, 53208
PK, K-8Public
D+
Milwaukee Academy of Chinese Language
2430 w wisconsin ave
milwaukee, WI, 53233
PK, K-8Public
C-
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Internet available near 2544-2546 N 40th St. (Duplex)
Neighborhood
Sherman Park | Milwaukee, WI
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Milwaukee near 2544 N 40th St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 2544 N 40th St, Milwaukee
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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