Last updated on November 14, 2026

Average rent in
Historic Third Ward, Milwaukee, WI

Median rent

Median rent in Historic Third Ward

$2,265/mo

increased by18%

vs previous year

The average rent in Historic Third Ward is $2,265 per month as of November 2026. This is 19% above the national average rent, or $365 more per month.

$1.97

average price per square foot

Total rentals

Available rentals in Historic Third Ward

11

for rent on Zumper.com as of November 2026

Rent price distribution

Share of Historic Third Ward rentals at each price point

35%26%18%9%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Historic Third Ward, Milwaukee, WI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Historic Third Ward, Milwaukee, WI

Average rent prices in Historic Third Ward have increased by 3% over the last month and have increased by 18% 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 Historic Third Ward, Milwaukee, WI

Rent prices in Historic Third Ward vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Historic Third Ward is $2,232, whereas a house costs $1,800. 1-bedroom apartments in Historic Third Ward run $1,607 on average, while 2-bedroom apartments are $2,312.

Listings

Studio

$1,244

No Change

4%

1 bedroom

$1,590

No Change

10%

2 bedroom

$2,800

4%

5%

3 bedroom

$2,595

No Change

8%

Studio

Average rent

$1,244

Last year

4%

1 bedroom

Average rent

$1,590

Last year

10%

2 bedroom

Average rent

$2,800

Last 30 days

4%

Last year

5%

3 bedroom

Average rent

$2,595

Last year

8%

Avenues West

Average rent

$1,263

Brewer's Hill

Average rent

$1,600

Juneau Town

Average rent

$2,095

Lower East Side

Average rent

$1,550

Walker's Point

Average rent

$1,795

Yankee Hill

Average rent

$1,195

Apartments

Average rent

$2,232

Last 30 days

1%

Last year

20%

Condos

Average rent

$2,950

Last year

6%

Houses

Average rent

$1,800

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.

How does rent in Historic Third Ward, Milwaukee, WI compare to other neighborhoods?

Compare median rent prices in Historic Third Ward and Avenues West by all bedroom counts and property types.

Historic Third Ward

Median rent price$2,265
increased by19%

higher than the national median

Median rent price$1,263
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Historic Third Ward, Milwaukee, WI is 79% higher than the median rent in Avenues West, Milwaukee, WI.

Discover rentals in Historic Third Ward, Milwaukee, WI

Chicago Street Lofts - Photo 1 of 1

4d ago

8.9

Very good

Chicago Street Lofts

222 E Chicago St, Milwaukee, WI 53202

Studio–2 beds

1 bath

$1,365–$2,265

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

5d+ 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

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
239 East Chicago Street - Photo 1 of 1

1d ago

8.1

Very good

239 East Chicago Street

239 E Chicago St, Milwaukee, WI 53202

1 bed

1 bath

$1,600–$1,650

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.
Riverview Lofts - Photo 1 of 1

2d ago

8.9

Very good

Riverview Lofts

249 N Water St, Milwaukee, WI 53202

1–2 beds

1 bath

$1,690–$2,380

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
541 E Erie St #415 - Photo 1 of 1

5d+ ago

Historic Third Ward condo for rent in Milwaukee

2 beds

2 baths

$4,500

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.
Jackson Square Apartments - Photo 1 of 1
Highly rated

1d ago

8.3

Very good

Jackson Square Apartments

159 N Jackson St, Milwaukee, WI 53202

1–2 beds

1–2 baths

$2,115–$3,310

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
321 Jefferson - Photo 1 of 1
Highly rated

4d ago

8.5

Very good

321 Jefferson

321 N Jefferson St, Milwaukee, WI 53202

2 beds

2 baths

$2,795–$3,460

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.
239 East Chicago Street - Photo 1 of 1

1d ago

8.1

Very good

239 East Chicago Street

239 E Chicago St, Milwaukee, WI 53202

1 bed

1 bath

$1,600–$1,650

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.
Riverview Lofts - Photo 1 of 1

2d ago

8.9

Very good

Riverview Lofts

249 N Water St, Milwaukee, WI 53202

1–2 beds

1 bath

$1,690–$2,380

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
Chicago Street Lofts - Photo 1 of 1

4d ago

8.9

Very good

Chicago Street Lofts

222 E Chicago St, Milwaukee, WI 53202

Studio–2 beds

1 bath

$1,365–$2,265

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
Broadway Market Lofts - Photo 1 of 1

16h ago

8.7

Very good

Broadway Market Lofts

325 N Broadway, Milwaukee, WI 53202

2 beds

2 baths

$2,800–$3,000

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.
321 Jefferson - Photo 1 of 1
Highly rated

4d ago

8.5

Very good

321 Jefferson

321 N Jefferson St, Milwaukee, WI 53202

2 beds

2 baths

$2,795–$3,460

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.
239 East Chicago Street - Photo 1 of 1

1d ago

8.1

Very good

239 East Chicago Street

239 E Chicago St, Milwaukee, WI 53202

1 bed

1 bath

$1,600–$1,650

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.

5d+ ago

7.4

Very good

227 North Water Street

227 N Water St, Milwaukee, WI 53202

1–2 beds

1–2 baths

$1,400–$2,200

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

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Frequently asked questions for Historic Third Ward, Milwaukee, WI

Quick answers to common questions about the Historic Third Ward rental market.

How much is rent in Historic Third Ward?

The average rent in Historic Third Ward is $2,265 per month as of November 7, 2026.

Is rent up or down in Historic Third Ward?

Average rent prices in Historic Third Ward have increased by 3% over the last month and have increased by 18% since last year.

How does Historic Third Ward rent compare to the national average?

Rent in Historic Third Ward is 19% above the national average, which means renters are paying approximately $365 more per month.

What salary do I need to afford rent in Historic Third Ward?

To comfortably afford rent in Historic Third Ward, you'd need to earn approximately $91,000/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).