Average Rent in Sherman Park, Milwaukee, WI and Rent Price Trends

Rent trends in Sherman Park, Milwaukee, WI

Average rent prices in Sherman Park have remained the same over the last month and have increased by 12% 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
Sherman Park, Milwaukee, WI

Rent prices in Sherman Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sherman Park is $1,100, whereas a house costs $1,422. 1-bedroom apartments in Sherman Park run $750 on average, while 2-bedroom apartments are $1,100.


Studio	$695	-	-
1 bedroom	$850	No Change	21%
2 bedroom	$1,248	4%	35%
3 bedroom	$1,100	10%	6%
4 bedroom	$1,750	No Change	35%

		Listings
Arlington Heights	$1,000
Dineen Park	$1,250
Enderis Park	$1,499
Franklin Heights	$1,075
Midtown	$995
North Division	$1,047


Apartments	$1,100	4%	No Change
Condos	$1,095	4%	No Change
Houses	$1,422	10%	No Change

Studio

Average rent

$695

1 bedroom

Average rent

$850

Last year

21%

2 bedroom

Average rent

$1,248

Last 30 days

Last year

35%

3 bedroom

Average rent

$1,100

Last 30 days

10%

Last year

4 bedroom

Average rent

$1,750

Last year

35%

The table above reflects average rent prices in Sherman Park, 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 Sherman Park, Milwaukee, WI compare to other neighborhoods?

Compare median rent prices in Sherman Park and Arlington Heights by all bedroom counts and property types.

Sherman Park

Median rent price$1,100

44%

lower than the national median

Median rent price$1,000

49%

lower than the national median

Takeaway

The median rent for all rentals in Sherman Park, Milwaukee, WI is 10% higher than the median rent in Arlington Heights, Milwaukee, WI.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,000

$1,250

$1,499

$1,075

$995

$1,047

Discover rentals in Sherman Park, Milwaukee, WI

2866-2866A N 34th St. (Duplex) - Photo 1 of 1

3d ago

8.4

Very good

2866-2866A N 34th St. (Duplex)

2866 N 34th St, Milwaukee, WI 53210

2 beds

1 bath

$895

Apartment for rent

5d+ ago

Sherman Park condo for rent in Milwaukee

3133 N 42 St

3133 N 42nd St #UPPER, Milwaukee, WI 53216

3 beds

1 bath

$1,300

Condo for rent

Available Jun 1

5d+ ago

Sherman Park house for rent in Milwaukee

$1,700 - 4 Bedroom 1 Bathroom House In Milwaukee With Great Amenities

3123 N 42nd St #NA, Milwaukee, WI 53216

4 beds

1 bath

$1,700

House for rent

Available Apr 4

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Frequently asked questions for Sherman Park, Milwaukee, WI

Quick answers to common questions about the Sherman Park rental market.

How much is rent in Sherman Park?

The average rent in Sherman Park is $1,100 per month as of June 4, 2026.

Is rent up or down in Sherman Park?

Average rent prices in Sherman Park have remained the same over the last month and have increased by 12% since last year.

How does Sherman Park rent compare to the national average?

Rent in Sherman Park is 44% below the national average, which means renters are paying approximately $850 less per month.

What salary do I need to afford rent in Sherman Park?

To comfortably afford rent in Sherman Park, you'd need to earn approximately $44,000/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).