Zumper
modified
2 Days Ago

Highlights

  • Modern appliances
  • Off-street parking
  • Walk-in closet
  • Beautiful hardwood flooring
  • Off-street parking again
  • On-site coin laundry facility

Location

1653 N Prospect Ave, Milwaukee, WI 53202, USA|Lower East Side
Hi! Let’s figure out if this property is right for you.

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Tour Sixteen53 Prospect Avenue

Contact

Management

Zolper Management

Leasing office

(414) 962-8030

Property Overview

Sixteen53 Prospect Avenue is rated highly overall, with strong marks for value, amenities, location, and trustworthiness, suggesting a well-rounded rental option. It features modern appliances, off-street parking, a walk-in closet, hardwood flooring, and on-site coin laundry, while also standing out for its large photo set, strong value-for-money percentile, and pet-friendly surroundings.

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

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Sixteen53 Prospect Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sixteen53 Prospect Avenue 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

  • Less expensive
  • Elevator
  • Images Available

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath400 sqft$850–$925 /mo5 units availableNow offering 1st Month's Rent Free for qualified applicants – This is offered on a limited-time basis. Unbeatable Lower East Side location - just steps from all that Milwaukee's Lakefront has to offer, and a half block off of East Brady Street. Welcome to Prospect Downs, a charming apartment located in the vibrant city of Milwaukee, WI. This ground floor studio apartment boasts a sleek tiled bathroom, a walk-in closet, and beautiful hardwood flooring. The kitchen comes fully equipped with modern appliances, complemented by a unique checkered flooring design. The apartment also includes heat and hot water, ensuring your comfort throughout the year. Prospect Downs offers a range of amenities designed to make your life easier. A coin laundry facility is available on-site, and lawn care and snow removal services are provided, freeing up your time for more enjoyable activities. The apartment is also cat-friendly, welcoming well-behaved cats for an additional $50/mo. pet rent. The convenience doesn't stop there. With Prospect Downs' Appfolio Interface, you can easily pay your rent online and take advantage of our move-in special. Trash service is included in the lease, which spans a full 12 months. The apartment is situated in a walkable neighborhood, with easy access to public transportation, making your commute or exploration of the city a breeze. Experience the perfect blend of comfort and convenience at Prospect Downs.
1BR/1.0BA1 bed1 bath525 sqft$895 /mo2 units availableDiscover Prospect Downs in Milwaukee — a one-bedroom, one-bath apartment offering an open-concept layout with hardwood flooring, a large bedroom, tiled bathroom, and generous closet space. The unit includes kitchen appliances, heat and hot water, and on-site coin laundry. Building conveniences include an elevator, off-street parking, lawn care and snow removal services, and trash removal. Residents can pay rent online via AppFolio and take advantage of a move-in special. Well-behaved pets are welcome with $50/month pet rent. Located near shops, the lakefront, a bike path, and public transportation, Prospect Downs provides affordable, walkable living with 12-month leases available. Now offering 1st Month's Rent Free for qualified applicants – This is offered on a limited-time basis. Unbeatable Lower East Side location - just steps from all that Milwaukee's Lakefront has to offer, and a half block off of East Brady Street

Let's explore this property.

Amenities for Sixteen53 Prospect Avenue

Apartment Amenities

CarpetCentral Heat
Closet SpaceGround Floor Unit
Hardwood FloorHeat Included
HeatingHot Water Included
Lake ViewMove-in Special
Open ConceptRecently Renovated
Refinished Hardwood FloorsRenovated Bathroom
Tiled BathroomWalk-in Closet

Appliances

Gas Range/OvenKitchen Appliance Included
Refrigerator

Building

Carpet In BedroomCats OK
Coin LaundryElevator
Modern AmenitiesOnsite Laundry

Grounds

Near Bike PathOutdoor Space

Services

Lawn Care Service ProvidedPublic Transportation Access
Snow Removal Service ProvidedTrash Collection
Trash Included

Neighborhood

Near ShopsWalkable Neighborhood

Other

Appfolio InterfaceOnline Rent Payment
Studio
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units77
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About Sixteen53 Prospect Avenue

HomeApartments in MilwaukeeLower East Side Sixteen53 Prospect Avenue

Now offering 1st Month's Rent Free for qualified applicants – This is offered on a limited-time basis. Unbeatable Lower East Side location - just steps from all that Milwaukee's Lakefront has to offer, and a half block off of East Brady Street Welcome to Sixteen53 Prospect Avenue, a premier apartment complex located in the heart of Milwaukee, WI. This property offers a range of amenities designed to enhance your living experience. Enjoy the convenience of off-street parking, ensuring your vehicle is always close by and secure. Stay warm during those chilly Wisconsin winters with heat included in your rent, and never worry about running out of hot water with our continuous supply. For those who love the outdoors, you'll appreciate our proximity to a nearby bike path and the stunning lakefront, perfect for leisurely strolls or invigorating jogs. Additionally, we understand the need for extra space, which is why we offer storage space availability for your convenience. The building also features an elevator, making moving in and daily living a breeze. Experience the best of Milwaukee living at Sixteen53 Prospect Avenue.


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Sixteen53 Prospect Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sixteen53 Prospect Avenue 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 Sixteen53 Prospect Avenue
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.
Sixteen53 Prospect Avenue 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·9A 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.
Sixteen53 Prospect Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including appfolio interface. Renters looking for popular or luxurious features will find them here—and for that reason, Sixteen53 Prospect Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sixteen53 Prospect Avenue 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 Sixteen53 Prospect Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Sixteen53 Prospect Avenue is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Tile, vinyl or hardwood floors
  • 10 pet supply stores near the property
  • 3 pet grooming services nearby

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 Sixteen53 Prospect Avenue compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Lower East Side

Studio apartments at Sixteen53 Prospect Avenue cost about 1% more than the average rent price for studios in Lower East Side.

1-bedroom apartments here are priced 23% lower than 1-bedrooms in Lower East Side.

Median rents as of Jun 13 2026.
Lower East Side
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
June 2024$845
July 2024$818
August 2024$825
September 2024$834
October 2024$890
November 2024$1,110
December 2024$1,072
January 2025$911
February 2025$855
March 2025$846
April 2025$846
May 2025$887
June 2025$864
July 2025$874
August 2025$895
September 2025$898
October 2025$912
November 2025$942
December 2025$961
January 2026$902
February 2026$909
March 2026$885
April 2026$895
May 2026$912
June 2026$925
A table of studio rental data trends in Lower East Side
MonthMedian Rent
June 2024$835
July 2024$806
August 2024$845
September 2024$910
October 2024$1,303
November 2024$1,274
December 2024$1,260
January 2025$1,274
February 2025$1,292
March 2025$1,170
April 2025$882
May 2025$883
June 2025$877
July 2025$884
August 2025$867
September 2025$1,065
October 2025$1,397
November 2025$1,367
December 2025$1,351
January 2026$931
February 2026$876
March 2026$834
April 2026$838
May 2026$849
June 2026$847

Affordability calculator

Can I afford to live at 1653 N Prospect Ave?

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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this studio monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near Sixteen53 Prospect Avenue

Cass Street Elementary School

1647 n cass st

milwaukee, WI, 53202

PK, K-8Public
C-

Grant Gordon Learning Center

921 w meinecke ave

milwaukee, WI, 53206

PK, KPublic
B-

Milwaukee Academy of Chinese Language

2430 w wisconsin ave

milwaukee, WI, 53233

PK, K-8Public
C-

Acelero Learning - Penfield Children's Center

833 north 26th st

milwaukee, WI, 53233

PKPublic

Acelero Learning - JO's Learning Academy

4801 west north ave

milwaukee, WI, 53208

PKPublic
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Internet available near Sixteen53 Prospect Avenue

Getting around Milwaukee near 1653 N Prospect Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

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

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 1653 N Prospect Ave, Milwaukee

Groceries

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

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

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

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

7/10
Several bars within a few minutes’ walk

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