Bedroom count

Property type

Last updated on December 23, 2025

Average rent in
Historic Third Ward, Milwaukee, WI

Last updated on December 23, 2025

Last updated on December 23, 2025

Bedroom count

Property type

As of December 2025, the median rent for all bedroom counts and property types in Historic Third Ward, Milwaukee, WI is $1,750. This is -8%, or $156, lower than the national average.

$1.89

average price per square foot

Median rent

$1,750

decreased by24%
over the previous yearvs previous year

Total rentals

25

for rent on Zumper.com

As of December 2025, the median rent for all bedroom counts and property types in Historic Third Ward, Milwaukee, WI is $1,750. This is -8%, or $156, lower than the national average.

$1.89

average price per square foot

Rent ranges

2%
24%
52%
13%
9%
$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 3% in the last month and have decreased by 24% 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 $1,737. A 1-bedroom apartment in Historic Third Ward, Milwaukee, WI costs about $1,750 on average, while a 2-bedroom apartment is $2,625. Houses for rent in Historic Third Ward, Milwaukee, WI are cheaper, with an average monthly cost of $1,400.

Comparables

1 bedroom

$1,700

1%

5%

2 bedroom

$2,200

No Change

25%

3 bedroom

$2,635

16%

55%

4 bedroom

$1,400

-

-

Studio

$1,239

No Change

59%

Studio

Average rent

$1,239

Last year

59%

1 bedroom

Average rent

$1,700

Last 30 days

1%

Last year

5%

2 bedroom

Average rent

$2,200

Last 30 days

No Change

Last year

25%

3 bedroom

Average rent

$2,635

Last 30 days

16%

Last year

55%

4 bedroom

Average rent

$1,400

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$1,750
decreased by8%

lower than the national median

Median rent price$900
decreased by53%

lower than the national median

Takeaway

The median rent for all rentals in Historic Third Ward, Milwaukee, WI is 94% 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

$900

increased by65%

Last year

Brewer's Hill

$1,445

decreased by1%

Last year

Juneau Town

$1,500

decreased by1%

Last year

Lower East Side

$1,660

increased by3%

Last year

Walker's Point

$1,700

decreased by7%

Last year

Yankee Hill

$1,300

decreased by4%

Last year

Apartments for rent in Brookfield

Discover rentals in Historic Third Ward, Milwaukee, WI

17h ago

8

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 #609 - Photo 1 of 1

5d+ ago

Historic Third Ward condo for rent in Milwaukee

3 beds

2 baths

$2,750

$2,595

Price drop

Condo for rent

Available Dec 7