Highlights
- Modern appliances
- Walk-in closet
- Off-street parking
- Professional management
- Elevator access
- Heat
Location
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Sixteen53 Prospect Avenue is a strong renter option with an 8.6 Zumper Expert Rating, highlighted by excellent value, standout amenities, convenient location, and solid trustworthiness. It also offers modern appliances, a walk-in closet, off-street parking, professional management, elevator access, and heat, along with 15 photos and high value-for-money and value-per-sqft rankings. It is noted as great for pet friendliness, supported by nearby pet services and flooring that works well for pets.
Things you’ll love
Great for
| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $795–$925 /mo | 5 units 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. 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/1.0BA | 1 bed | 1 bath | 525+ sqft | $895–$1,350 /mo | 5 units available | Limited-Time Special – Get One Month Free Rent on Qualified Leases! Enjoy incredible skyline views from this penthouse-level apartment in Milwaukee's desirable Lower East Side. Located just steps from Brady Street, Downtown Milwaukee, and the Lakefront, you'll have easy access to shopping, restaurants, nightlife, parks, and public transportation while enjoying the comfort of one of Milwaukee's most sought-after neighborhoods. This spacious 750 sq. ft. apartment features luxury vinyl plank flooring throughout, a bright and open living room, a large bedroom with built-in closet storage, an updated bathroom with a tiled shower surround, and an efficient kitchen complete with a full-size refrigerator, electric range, and ample cabinet and countertop space. Residents enjoy heat, hot water, and trash collection included in the rent, elevator access, convenient app-based on-site laundry, optional storage units available for rent, and off-street parking available for rent for $150 per month (subject to availability). Secure building access, professional management, and easy online rent payments and maintenance requests provide added convenience. Cats are welcome with applicable restrictions. Located in the heart of Milwaukee's Lower East Side, you'll be just minutes from Brady Street, Lake Michigan, Veterans Park, Downtown Milwaukee, coffee shops, restaurants, grocery stores, entertainment, and public transportation. Schedule your showing today and experience everything 1653 Prospect has to offer! |
Let's explore this property.
Apartment Amenities
| Built-in Storage | Central Heat |
| Closet Space | Ground Floor Unit |
| Hardwood Floor | Heat Included |
| Heating | Hot Water Included |
| Kitchen Island | Lake View |
| Large Bedroom | Linen Closet |
| Luxury Vinyl Plank Flooring | Move-in Special |
| Open Concept | Recently Renovated |
| Refinished Hardwood Floors | Renovated Bathroom |
| Skyline Views | Tiled Bathroom |
| Updated Bathroom | Updated Kitchen |
| Walk-in Closet |
Appliances
| Electric Range/Oven | Gas Range/Oven |
| Kitchen Appliance Included | Refrigerator |
Building
| Cats OK | Coin Laundry |
| Controlled Entry | Elevator |
| Modern Amenities | Onsite Laundry |
| Penthouse Level |
Grounds
| Near Bike Path |
Services
| Lawn Care Service Provided | Professionally Managed |
| Public Transportation Access | Snow Removal Service Provided |
| Trash Collection | Trash Included |
Neighborhood
| Great Location | Near Downtown |
| Near Shops | Walkable Neighborhood |
Other
| Appfolio Interface | Online Maintenance Requests |
| Online Rent Payment | Studio |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 77 |
|---|
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.
How Sixteen53 Prospect Avenue compares to other nearby properties.
Positives
Considerations
Studio apartments at Sixteen53 Prospect Avenue cost about 4% less than the average rent price for studios in Lower East Side.
1-bedroom apartments here are priced 19% lower than 1-bedrooms in Lower East Side.
| Month | Median Rent |
|---|---|
| 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 | $910 |
| July 2026 | $875 |
| August 2026 | $875 |
| Month | Median Rent |
|---|---|
| August 2024 | $846 |
| 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 | $846 |
| July 2026 | $835 |
| August 2026 | $825 |
Can I afford to live at 1653 N Prospect Ave?
Bedrooms
Rent-to-income ratio
30%
$31,800/yr
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