Bedroom count
Property type
Last updated on November 1, 2026
Average rent in
Alverno, Milwaukee, WI
Average rent in
Last updated on November 1, 2026
Bedroom count
Property type
Median rent
Median rent in Alverno
$1,255/mo
45%vs previous year
The average rent in Alverno is $1,255 per month as of October 2026. This is 34% below the national average rent, or $645 less per month.
average price per square foot
Total rentals
Available rentals in Alverno
13
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Alverno rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Alverno, Milwaukee, WI, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Alverno, Milwaukee, WI
Average rent prices in Alverno have remained the same over the last month and have decreased by 45% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Alverno, Milwaukee, WI
Rent prices in Alverno vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Alverno is $1,310, whereas a house costs $2,197. 1-bedroom apartments in Alverno run $995 on average, while 2-bedroom apartments are $1,295.
Listings | ||||
|---|---|---|---|---|
Studio | $872 | - |  20% | |
1 bedroom | $1,099 | - | - | |
2 bedroom | $1,250 | 53% | 46% | |
3 bedroom | $2,200 | No Change | - | |
4 bedroom | $1,700 | - | - |
Listings | ||
|---|---|---|
Fairview | $1,200 | |
Hawley Farms | $1,170 | |
Highwood Estates | $1,195 | |
Rolling Green | $1,322 | |
Tippecanoe | $1,500 | |
Veterans Affairs | $1,395 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,310 | No Change | 5% | |
Condos | $1,000 | No Change | - | |
Houses | $2,197 | - | 22% |
Studio
Average rent
$872
Last year
20%
1 bedroom
Average rent
$1,099
2 bedroom
Average rent
$1,250
Last 30 days
53%
Last year
46%
3 bedroom
Average rent
$2,200
4 bedroom
Average rent
$1,700
Fairview
Average rent
$1,200
Hawley Farms
Average rent
$1,170
Highwood Estates
Average rent
$1,195
Rolling Green
Average rent
$1,322
Tippecanoe
Average rent
$1,500
Veterans Affairs
Average rent
$1,395
Apartments
Average rent
$1,310
Last year
5%
Condos
Average rent
$1,000
Houses
Average rent
$2,197
Last year
22%
The table above reflects average rent prices in Alverno, Milwaukee, WI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Alverno, Milwaukee, WI compare to other neighborhoods?
Compare median rent prices in Alverno and Fairview by all bedroom counts and property types.
Alverno
34%lower than the national median
37%lower than the national median
Takeaway
The median rent for all rentals in Alverno, Milwaukee, WI is 5% higher than the median rent in Fairview, Milwaukee, WI.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Alverno, Milwaukee, WI
4d ago
4201 W Morgan Ave, Milwaukee, WI 53221
3 beds
1 bath
$1,325
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
4201 W Morgan Ave, Milwaukee, WI 53221
3 beds
1 bath
$1,325
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
4201 W Morgan Ave, Milwaukee, WI 53221
3 beds
1 bath
$1,325
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
4201 W Morgan Ave, Milwaukee, WI 53221
3 beds
1 bath
$1,325
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
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Frequently asked questions for Alverno, Milwaukee, WI
Quick answers to common questions about the Alverno rental market.
How much is rent in Alverno?
The average rent in Alverno is $1,255 per month as of October 31, 2026.
Is rent up or down in Alverno?
Average rent prices in Alverno have remained the same over the last month and have decreased by 45% since last year.
How does Alverno rent compare to the national average?
Rent in Alverno is 34% below the national average, which means renters are paying approximately $645 less per month.
What salary do I need to afford rent in Alverno?
To comfortably afford rent in Alverno, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).