Zumper
modified
4 Days Ago

Highlights

  • Off-street parking
  • Heat included
  • Spacious walk-in closet
  • Snow removal
  • Modern design
  • Storage space

Location

1653 N Prospect Ave, Milwaukee, WI 53202, USA|Lower East Side
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Contact

Management

Zolper Management

Leasing office

(414) 962-8030

Property Overview

Sixteen53 Prospect Avenue is a highly rated community (8.6/10 overall) with excellent value for money and strong scores for amenities, location, and trustworthiness. Residents benefit from practical comforts like heat included, off-street parking, snow removal, storage space, and a spacious walk-in closet, all within a modern design. The property is especially convenient for pet owners, with pet-friendly features and multiple nearby pet services, and offers ample visual detail through 20 listing photos.

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
  • More space
  • Elevator

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath400 sqft$895–$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 studio apartment located in the vibrant city of Milwaukee, WI. This apartment boasts a sleek, modern design with hardwood and checkered flooring, a tiled bathroom, and a spacious walk-in closet. The kitchen comes fully equipped with all necessary appliances, making meal prep a breeze. The building offers a coin laundry facility, ensuring your laundry needs are met without the hassle of leaving the premises. Prospect Downs is not just an apartment, it's a community. We offer a 12-month lease and an easy-to-use Appfolio interface for seamless communication. We also provide online rent payment options for your convenience. Worried about additional costs? Don't be. We've got you covered with heat, hot water, and trash services included in your rent. Plus, we offer a move-in special to welcome you to your new home. We understand that your furry friends are family too. That's why we're a cat-friendly community, welcoming well-behaved cats for an additional $50/mo. pet rent. Our location is a walker's paradise, nestled in a neighborhood that's just steps away from public transportation. Plus, we take care of snow removal and lawn care, so you can enjoy the beauty of all seasons without the work. Experience the perfect blend of comfort, convenience, and modern living at Prospect Downs. We look forward to welcoming you home!
1BR/1.0BA1 bed1 bath525 sqft$925–$995 /mo2 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 one-bedroom, one-bathroom apartment located in the heart of Milwaukee, WI. This apartment offers a spacious open concept layout with beautiful hardwood and checkered flooring. The big bedroom comes with ample closet space, perfect for your storage needs. The kitchen is equipped with all necessary appliances, making meal prep a breeze. Prospect Downs is not just an apartment, it's a community. We offer a range of amenities including coin laundry, snow removal, and lawn care services. Heat, hot water, and trash are all included in the rent, making your stay here worry-free. For those who prefer online transactions, we offer an Appfolio interface for easy rent payments. The location is unbeatable, with easy access to public transportation and a walkable neighborhood. Are you a cat lover? Prospect Downs is a cat-friendly community. Well-behaved cats are welcome for an additional $50/mo. pet rent. With affordable rent and a great location, Prospect Downs is the perfect place to call home. Don't miss out on this opportunity, schedule a tour today!

Let's explore this property.

Amenities for Sixteen53 Prospect Avenue

Apartment Amenities

Breakfast BarCentral Heat
Closet SpaceGround Floor Unit
Hardwood FloorHeat Included
HeatingHot Water Included
Linen ClosetMove-in Special
Newly RemodeledOpen Concept
Recently RenovatedRenovated Bathroom
Renovated KitchenSpacious
Tiled BathroomWalk-in Closet

Appliances

Gas Range/OvenKitchen Appliance Included
RefrigeratorStainless Steel Appliances Included
Stainless Steel Refrigerator

Building

Cats OKCoin Laundry
ElevatorHistoric Charm
Modern AmenitiesOnsite Laundry

Grounds

Near Bike PathOutdoor Space

Services

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

Neighborhood

Great LocationNear Shops
Walkable 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

Units76
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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
More space
Studio is 525 sqft larger than other 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
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Lower East Side

Studio apartments at Sixteen53 Prospect Avenue cost about 6% more than the average rent price for studios in Lower East Side.

1-bedroom apartments here are priced 35% lower than 1-bedrooms in Lower East Side.

Median rents as of Apr 25 2026.
Lower East Side
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
May 2024$847
June 2024$849
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
A table of studio rental data trends in Lower East Side
MonthMedian Rent
May 2024$872
June 2024$844
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

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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this studio monthly rent price of $895.
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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