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ZIP Code · WI

ZIP 53204

Pop. 39,996·Milwaukee County·46th most expensive ZIP in Wisconsin
Median rent (all units)
$1,458/mo
Year-over-Year
+1.3%
Month-over-Month
+2.2%
vs US Median
-$507
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53204 · $1,458
More affordable than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$960
2 BR
$1,140
3 BR
$1,410
4 BR+
$1,540
Research median
$1,140/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
$17,496/yr
At $1,458/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.3% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 53204 (Milwaukee, WI) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 16.3% of residents hold a bachelor's degree or higher.

Population
39,996
Median income
$45,934
Median age
29.8
Renters
73.8%
Age distribution
31.9%
26.2%
24.4%
Under 1831.9%
18–3426.2%
35–5424.4%
55–649.1%
65+8.5%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
22%
12.6%
65.9%
White22%
Black12.6%
Hispanic65.9%
Asian3.7%
Education (25+)
34.5%
32.6%
16.6%
16.3%
No HS diploma34.5%
HS diploma32.6%
Some college16.6%
Bachelor's+16.3%
Housing tenure
26.2%
73.8%
Owner26.2%
Renter73.8%

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

2021 vs 2026

How ZIP 53204 in Milwaukee, WI has changed in 5 years

Income
$36,300 → $45,934
up 26.5%
Population
37,687 → 39,996
up 6.1%
Renter share
74.2% → 73.8%
-0.4 pts
Bachelor's+
13.2% → 16.3%
+3.1 pts
Median age
28.2 → 29.8
+1.6 yrs

Local incomes tracked alongside that move, going from a median of $36,300 in 2021 to $45,934 more recently. Headcount in the area went from 37,687 to 39,996 between 2021 and 2024, a 6.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 13.2% to 16.3%.

Community

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Local insights

Tips for renters in ZIP 53204

About renting in ZIP 53204

Last updated: July 20, 2026

ZIP code 53204 covers Milwaukee, WI. The median rent here is $1,458/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,140/mo.

At 38% of local median household income ($45,934/yr), ZIP 53204 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53204?

As of July 20, 2026, the median monthly rent in ZIP 53204 (Milwaukee, WI) is $1,458. This is based on aggregated data from public sources and community submissions.

How does ZIP 53204 rent compare to the US average?

ZIP 53204's median rent of $1,458/mo is $507 (26%) below the US national median of $1,965/mo.

How does ZIP 53204 compare to other ZIPs in Wisconsin?

ZIP 53204 falls in the middle range for Wisconsin, ranking #46 out of 107 ZIPs at $1,458/mo.

How much income do you need to rent in ZIP 53204?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,458/mo in ZIP 53204. The local median household income is $45,934/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 53204?

Rent in ZIP 53204 has increased 1.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53204 an affordable place to rent?

ZIP 53204 is considered moderate for renters. At $1,458/mo, rent takes approximately 38% of the local median household income ($45,934/yr). The standard benchmark is 30%. ZIP 53204 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 53204 residents rent vs. own?

According to Census data, approximately 73.8% of ZIP 53204 households are renters, while 26.2% are owner-occupied. With a majority renter population, ZIP 53204 has a strong rental market.

How does ZIP 53204 compare to the rest of Milwaukee?

ZIP 53204 is more affordable than Milwaukee overall. At $1,458/mo, it's $11 below the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53204 last updated?

Rent data for ZIP 53204 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $1,458/mo, rent takes ~38% of ZIP 53204's median household income ($45,934/yr). The standard benchmark is 30%.

ZIP 53204 38%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53204 (Milwaukee, WI)

Recent submissions

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