Bedroom count

Property type

Last updated on May 14, 2026

Average rent in
Historic Third Ward, Milwaukee, WI

Last updated on May 14, 2026

Last updated on May 14, 2026

Bedroom count

Property type

As of May 2026, the median rent for all bedroom counts and property types in Historic Third Ward, Milwaukee, WI is $1,726. This is -11%, or $224, lower than the national average.

$2.03

average price per square foot

Median rent

$1,726

decreased by14%
over the previous yearvs previous year

Total rentals

25

for rent on Zumper.com

As of May 2026, the median rent for all bedroom counts and property types in Historic Third Ward, Milwaukee, WI is $1,726. This is -11%, or $224, lower than the national average.

$2.03

average price per square foot

Rent ranges

2%
31%
45%
7%
15%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

60%
40%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Historic Third Ward, Milwaukee, WI

Rent price trends

Rent prices for all bedroom counts and property types in Historic Third Ward, Milwaukee, WI have decreased by 4% in the last month and have decreased by 14% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Historic Third Ward, Milwaukee, WI

The monthly rent for an apartment in Historic Third Ward, Milwaukee, WI is $1,875. A 1-bedroom apartment in Historic Third Ward, Milwaukee, WI costs about $1,750 on average, while a 2-bedroom apartment is $2,705. Houses for rent in Historic Third Ward, Milwaukee, WI are more expensive, with an average monthly cost of $1,970.

Comparables

1 bedroom

$1,650

1%

1%

2 bedroom

$2,195

13%

32%

3 bedroom

$2,650

1%

35%

Studio

$1,281

2%

44%

Studio

Average rent

$1,281

Last 30 days

2%

Last year

44%

1 bedroom

Average rent

$1,650

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$2,195

Last 30 days

13%

Last year

32%

3 bedroom

Average rent

$2,650

Last 30 days

1%

Last year

35%

The table above reflects average rent prices in Historic Third Ward, 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.

Compare rent prices in Historic Third Ward, Milwaukee, WI to other neighborhoods

Median rent prices in Historic Third Ward, Milwaukee, WI for all bedroom counts and property types compared to Avenues West, Milwaukee, WI.

Historic Third Ward

Median rent price$1,726
decreased by11%

lower than the national median

Median rent price$975
decreased by50%

lower than the national median

Takeaway

The median rent for all rentals in Historic Third Ward, Milwaukee, WI is 77% higher than the median rent in Avenues West, Milwaukee, WI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Avenues West

$975

increased by40%

Last year

Brewer's Hill

$1,495

decreased by8%

Last year

Juneau Town

$1,395

increased by34%

Last year

Lower East Side

$1,500

decreased by3%

Last year

Walker's Point

$1,750

increased by10%

Last year

Yankee Hill

$1,025

increased by8%

Last year

Apartments for rent in Brookfield

Discover rentals in Historic Third Ward, Milwaukee, WI

3d ago

7.4

Very good

227 North Water Street

227 N Water St, Milwaukee, WI 53202

Studio–2 beds

0–2 baths

$1,400–$3,600

Apartment for rent

239 East Chicago Street - Photo 1 of 1

3d ago

8.1

Very good

239 East Chicago Street

239 E Chicago St, Milwaukee, WI 53202

1 bed

1 bath

$1,600–$1,650

Apartment for rent

Riverview Lofts - Photo 1 of 1

2d ago

8.9

Very good

Riverview Lofts

249 N Water St, Milwaukee, WI 53202

2 beds

1 bath

$2,150

Apartment for rent