ZIP Code · WI

ZIP 53202

Pop. 25,861·Milwaukee County·22nd most expensive ZIP in Wisconsin
Median rent (all units)
$1,688/mo
Year-over-Year
+2.3%
Month-over-Month
+1.9%
vs US Median
-$277
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53202 · $1,688
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,540
1 BR
$1,680
2 BR
$2,010
3 BR
$2,480
4 BR+
$2,680
Research median
$2,010/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,256/yr
At $1,688/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.3% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 53202 (Milwaukee, WI) is majority renter-occupied, skews toward younger working-age adults, 67.9% of residents hold a bachelor's degree or higher.

Population
25,861
Median income
$71,034
Median age
32.5
Renters
78.6%
Age distribution
53.4%
20.9%
14.3%
Under 182.3%
18–3453.4%
35–5420.9%
55–649.2%
65+14.3%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
72.9%
White72.9%
Black10.4%
Hispanic6.6%
Asian5.8%
Other4.4%
Education (25+)
18.2%
67.9%
No HS diploma3.1%
HS diploma10.8%
Some college18.2%
Bachelor's+67.9%
Housing tenure
21.4%
78.6%
Owner21.4%
Renter78.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 53202 in Milwaukee, WI has changed in 5 years

Rent
$1,326 → $1,688
up 27.3%
Income
$58,356 → $71,034
up 21.7%
Population
25,081 → 25,861
up 3.1%
Renter share
79.2% → 78.6%
-0.6 pts
Bachelor's+
66.3% → 67.9%
+1.6 pts
Median age
31.8 → 32.5
+0.7 yrs

Five years ago, renters in ZIP 53202 in Milwaukee, WI paid around $1,326 a month. That figure now sits near $1,688, up 27.3% from the 2021 baseline. Household income in the area moved from $58,356 to $71,034 across the same window, up 21.7% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 53202 in Milwaukee, WI adding about 780 residents over the five-year window, up 3.1% on net. Reading these numbers side by side helps frame whether current listings in ZIP 53202 in Milwaukee, WI look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 53202

Last updated: July 20, 2026

ZIP code 53202 covers Milwaukee, WI. The median rent here is $1,688/mo as of July 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $2,010/mo.

At 29% of local median household income ($71,034/yr), ZIP 53202 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53202?

As of July 20, 2026, the median monthly rent in ZIP 53202 (Milwaukee, WI) is $1,688. This is based on aggregated data from public sources and community submissions.

How does ZIP 53202 rent compare to the US average?

ZIP 53202's median rent of $1,688/mo is $277 (14%) below the US national median of $1,965/mo.

How does ZIP 53202 compare to other ZIPs in Wisconsin?

ZIP 53202 is one of the pricier ZIP codes in Wisconsin, ranking #22 out of 107 ZIPs tracked at $1,688/mo.

How much income do you need to rent in ZIP 53202?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,688/mo in ZIP 53202. The local median household income is $71,034/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53202?

Rent in ZIP 53202 has increased 2.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53202 an affordable place to rent?

ZIP 53202 is considered affordable for renters. At $1,688/mo, rent takes approximately 29% of the local median household income ($71,034/yr). The standard benchmark is 30%. ZIP 53202 falls comfortably within that range.

What percentage of ZIP 53202 residents rent vs. own?

According to Census data, approximately 78.6% of ZIP 53202 households are renters, while 21.4% are owner-occupied. With a majority renter population, ZIP 53202 has a strong rental market.

How does ZIP 53202 compare to the rest of Milwaukee?

ZIP 53202 is pricier than Milwaukee as a whole. At $1,688/mo, it's $219 above the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53202 last updated?

Rent data for ZIP 53202 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,688/mo, rent takes ~29% of ZIP 53202's median household income ($71,034/yr). The standard benchmark is 30%.

ZIP 53202 29%Benchmark 30%
State income tax3.5–7.65%
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