Zumper
modified
19 Hours Ago

Highlights

  • Pet Friendly
  • Conveniently located
  • Large windows
  • In-unit washers/dryers
  • Portable kitchen island
  • Convenient parking
  • Open concept floor plans

Location

342 N Water St, Milwaukee, WI 53202, USA|Historic Third Ward
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour Mayer MKE

Contact

Management

342 North Water, LLC

Leasing office

(414) 219-0057

Property Overview

Mayer MKE presents an impressive overall rating of 9.1 from Zumper, highlighting its competitive pricing, exceptional amenities, and prime location. With notable features such as large windows, in-unit washers/dryers, and open concept floor plans, this property ensures a comfortable and sustainable living environment. Additionally, the surrounding area offers abundant options for social engagement, fitness, and pet-friendly amenities, making it an appealing choice for various lifestyles.

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

9.1
Excellent
Mayer MKE is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • High school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Eco living
  • Pet owners

Floor plans

11 bed1 bath692 sqft$1,700 /mo1 unit availableFeaturing an abundance of windows, this large southwest corner apartment offers amazing natural light in both the living room and the bedroom. In addition to views of the iconic Historic Third Ward sign, the bedroom connects to a generous walk-in closet as well as to two additional bonus closets to meet all of your storage needs. The contemporary, spacious bathroom includes plenty of cabinet space as well as ample closet and storage. Enjoy everything the Historic Third Ward has to offer including dining, shopping, night life and entertainment. The Mayer is conveniently located at the doorstep of it all!
111 bed1 bath990 sqft$1,980–$2,000 /mo2 units availableAt just shy of 1,000 square feet, floorplan 11 is more of a home than an apartment! The oversized living room hinges off of a corner kitchen and offers a layout with plenty of space for both a kitchen table, as well as a portable kitchen island, should you choose to add one. The east facing wall of operable, oversized windows run the length of the kitchen and living room to brighten this expansive, open floorplan. The bedroom, boasting a large walk-in closet, welcomes natural light in a true loft style. A generous size bathroom incorporates a roomy shower and plenty of storage. The welcoming entry provides an area for decorative touches. In-unit laundry and a substantial front hall closet finish off this well designed layout. Located in the heart of The Historic Third Ward, an apartment this large is difficult to find in the area.

Let's explore this property.

Amenities for Mayer MKE

Apartment Amenities

High CeilingsLVT Flooring

Appliances

In-Unit LaundryStainless Steel Energy Star Appliances
Washer and Dryer

Tech

Climate Control

Building

Cats OKCoffee Lounge
Controlled AccessDogs OK
Fitness CenterOnsite Laundry
Residents Lounge

Services

Micro Market

Neighborhood

Location
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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units60
Advertisement

About Mayer MKE

HomeApartments in MilwaukeeHistoric Third Ward Mayer MKE

The Mayer Apartments offer all-new, bright & airy, one-bedroom and studio apartments with open concept floor plans and views of downtown and the Third Ward. Modern appliances and finishes, large windows with an abundance of natural light, in-unit washers/dryers, convenient parking and bike racks are just some of the first-class amenities. From the main entrance on Water Street, you’ll access your apartment floor securely with your own elevator key. Almost every apartment has a unique floor plan – maintaining the historic charm of the building but updated with beautiful, modern, energy-efficient windows and fixtures. Floor and surfaces are modern and neutral.


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.
9.1
/10
Excellent
Mayer MKE is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated Mayer MKE
Price·9A 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.
Mayer MKE stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
Mayer MKE stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Mayer MKE 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·9A 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.
Mayer MKE has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.

Mayer MKE is great for:

Work-from-home

  • 6 internet service provider options nearby
  • Large windows for natural lighting
  • Common areas for meetings or remote work
  • 8 coworking spaces or cafes within 1 mile

Eco living

  • 91 parks within a mile
  • You can get around by foot in this area
  • Energy efficient appliances
  • On-site recycling or composting options

Pet owners

  • 8 pet supply stores near the property
  • 1 dog park within 1 mile
  • 2 pet hospitals in the area

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 Mayer MKE compares to other nearby properties.

Positives

More space
The 1-bedroom is 264 sqft larger than other listings nearby
High school nearby
There is a high school 0.3 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

Considerations

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

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Historic Third Ward

1-bedroom apartments here are priced 5% higher than 1-bedrooms in Historic Third Ward.

Median rents as of Oct 18 2025.
Historic Third Ward
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
November 2023$1,144
December 2023$1,000
January 2024$1,004
February 2024$885
March 2024$914
April 2024$872
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$911
A table of studio rental data trends in Historic Third Ward
MonthMedian Rent
March 2024$1,295
April 2024$1,295
June 2024$1,350

Affordability calculator

Can I afford to live at 342 N Water St?

Bedrooms

1 bedroom

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

$73,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $73,600 annually to afford this 1-bedroom median monthly rent price of $1,840.
For more information on rent affordability, visit our rent calculator.

Schools near Mayer MKE

Cass Street Elementary School

1647 n cass st

milwaukee, WI, 53202

PK, K-8Public
C-

Milwaukee Academy of Chinese Language

2430 w wisconsin ave

milwaukee, WI, 53233

PK, K-8Public
C-
Powered byniche.com
Advertisement

Internet available near Mayer MKE

Getting around Milwaukee near 342 N Water St

Walking

8/10
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

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 342 N Water St, Milwaukee

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

9/10
Variety of shops within a few minutes' walk

Cafes

6/10
Variety of cafés within walking distance

Restaurants

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

Primary schools

3/10
No elementary schools within a 30-minute walk

High schools

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

Parks

8/10
Large amount of park space nearby

Nightlife

9/10
Variety of bars within a few minutes' walk

Compare similar properties nearby

featured image of 9125 W Sura Ln

Forte at 84South

Our team has verified this company

9125 W Sura Ln

Studio–2 Beds

$1,319–$2,007

dogs and cats ok
Yes
in-unit laundry
No
fitness center
Yes
featured image of 1551 N Water St

One at the North End

Our team has verified this company

Lower East Side • 1551 N Water St

Studio–2 Beds

$1,314–$4,266

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 2340 N Cramer St

The Standard @ East Library

Our team has verified this company

Murray Hill • 2340 N Cramer St

1–2 Beds

$1,485–$2,120

dogs and cats ok
Yes
in-unit laundry
No
fitness center
Yes
featured image of 1029 North Jackson Street

Juneau Village Towers Apartments- Milwaukee, WI

Our team has verified this company

Juneau Town • 1029 North Jackson Street

1–2 Beds

$1,395–$2,095

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 6801 S 68th St

6801-6865 South 68th Street

6801 S 68th St

2 Beds

$1,850

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No
featured image of 401 W Michigan St

The Buckler by 3L Living

Kilbourn Town • 401 W Michigan St

Studio–2 Beds

$1,374–$2,479

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 2310 N Oakland Ave

Edge on North

Murray Hill • 2310 N Oakland Ave

1–2 Beds

$1,375–$1,875

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No
featured image of 5204 S 76th St

GC JPD Greendale I, LLC

5204 S 76th St

2 Beds

$1,850–$1,895

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No
featured image of 9125 W Sura Ln

Forte at 84South

Our team has verified this company

9125 W Sura Ln

Studio–2 Beds

$1,319–$2,007

dogs and cats ok
Yes
in-unit laundry
No
fitness center
Yes
featured image of 1551 N Water St

One at the North End

Our team has verified this company

Lower East Side • 1551 N Water St

Studio–2 Beds

$1,314–$4,266

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 2340 N Cramer St

The Standard @ East Library

Our team has verified this company

Murray Hill • 2340 N Cramer St

1–2 Beds

$1,485–$2,120

dogs and cats ok
Yes
in-unit laundry
No
fitness center
Yes
featured image of 1029 North Jackson Street

Juneau Village Towers Apartments- Milwaukee, WI

Our team has verified this company

Juneau Town • 1029 North Jackson Street

1–2 Beds

$1,395–$2,095

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 6801 S 68th St

6801-6865 South 68th Street

6801 S 68th St

2 Beds

$1,850

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No
featured image of 401 W Michigan St

The Buckler by 3L Living

Kilbourn Town • 401 W Michigan St

Studio–2 Beds

$1,374–$2,479

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
Yes
featured image of 2310 N Oakland Ave

Edge on North

Murray Hill • 2310 N Oakland Ave

1–2 Beds

$1,375–$1,875

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No
featured image of 5204 S 76th St

GC JPD Greendale I, LLC

5204 S 76th St

2 Beds

$1,850–$1,895

dogs and cats ok
Yes
in-unit laundry
Yes
fitness center
No

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Mayer MKE.