Zumper
modified
Updated 5+ Days Ago

Highlights

  • Welcoming atmosphere
  • Vibrant neighborhood setting
  • Smoke-free environment
  • Well-maintained property
  • Charming community
  • Healthy lifestyle

Location

5439 N 40th St, Milwaukee, WI 53209, USA|Old North Milwaukee
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Contact

Management

House Boss Property Management LLC

Leasing office

(414) 397-4036

Property Overview

5439 N 40th St offers a strong mix of value, convenience, and amenities, with an 8.3 expert rating, a top price rating, and a 9/10 location score. It also stands out for its well-maintained, smoke-free setting, welcoming atmosphere, vibrant neighborhood, and excellent value per square foot.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 5439 N 40th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5439 N 40th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space

Floor plans

2/12 bed1 bath1,200 sqft$1,200 /mo

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units2
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About 5439 N 40th St

HomeApartments in MilwaukeeOld North Milwaukee 5439 N 40th St

Discover comfortable living at 5439 N 40th St, a charming multi-family residential property located in Milwaukee, WI. This community offers a smoke-free environment and convenient recycling services, promoting a healthy and eco-friendly lifestyle. Residents benefit from bilingual support, ensuring clear communication and assistance. Enjoy the welcoming atmosphere of this well-maintained property, ideal for those seeking a peaceful and practical home. Experience the convenience and comfort that 5439 N 40th St has to offer in a vibrant neighborhood setting.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 5439 N 40th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5439 N 40th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 5439 N 40th St
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
5439 N 40th St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 5439 N 40th St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5439 N 40th St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 5439 N 40th St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
5439 N 40th St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 5439 N 40th St compares to other nearby properties.

Positives

More space
The 2-bedroom is 250 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Old North Milwaukee

2-bedroom apartments at 5439 N 40th St cost about 20% more than the average rent price for 2-bedroom apartments in Old North Milwaukee.

Median rents as of Jul 18 2026.
Old North Milwaukee
Milwaukee
A table of 1-bedroom apartment rental data trends in Milwaukee
MonthMedian Rent
August 2024$1,040
September 2024$1,045
October 2024$1,035
November 2024$1,049
December 2024$1,002
January 2025$998
February 2025$998
March 2025$1,000
April 2025$1,057
May 2025$1,081
June 2025$1,097
July 2025$1,119
August 2025$1,144
September 2025$1,116
October 2025$1,099
November 2025$1,091
December 2025$1,095
January 2026$1,101
February 2026$1,101
March 2026$1,095
April 2026$1,095
May 2026$1,105
June 2026$1,099
July 2026$1,096
A table of 1-bedroom apartment rental data trends in Old North Milwaukee
MonthMedian Rent
August 2024$776
September 2024$773
October 2024$850
November 2024$880
December 2024$781
January 2025$761
February 2025$768
March 2025$782
April 2025$749
September 2025$899
October 2025$919
November 2025$935
December 2025$850
January 2026$850
February 2026$857
March 2026$861
April 2026$845
May 2026$845
June 2026$851
July 2026$880

Affordability calculator

Can I afford to live at 5439 N 40th St?

Bedrooms

2 bedrooms

Rent-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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near 5439 N 40th St

Acelero Learning - Teutonia Center

5719 north teutonia ave

milwaukee, WI, 53209

PKPublic

Thurston Woods Elementary School

5966 n 35th st

milwaukee, WI, 53209

PK, K-8Public
C-

Acelero Learning - Green Tree Center

3744 west greentree rd

milwaukee, WI, 53209

PKPublic

Acelero Learning - Walton Center

7833 west capitol dr

milwaukee, WI, 53222

PKPublic

Acelero Learning - Eternal Learning Center

7901 north 66th st

milwaukee, WI, 53223

PKPublic
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Neighborhood

Old North Milwaukee | Milwaukee, WI

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Milwaukee near 5439 N 40th St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 5439 N 40th St, Milwaukee

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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