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ZIP Code · WI

ZIP 53205

Pop. 9,265·Milwaukee County·41st most expensive ZIP in Wisconsin
Median rent (all units)
$1,536/mo
Year-over-Year
Stable
Month-over-Month
-5.3%
vs US Median
-$429
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 53205 · $1,536
More affordable than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$850
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
$18,432/yr
At $1,536/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.3% MoM), not inventory.
Demographics

Who lives here

ZIP 53205 (Milwaukee, WI) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 17.7% of residents hold a bachelor's degree or higher.

Population
9,265
Median income
$31,529
Median age
27.9
Renters
72.6%
Age distribution
34.9%
28.9%
17.8%
Under 1834.9%
18–3428.9%
35–5417.8%
55–648.5%
65+9.9%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
84.9%
White6.1%
Black84.9%
Hispanic4.4%
Asian3.5%
Other1.1%
Education (25+)
13.9%
35%
33.4%
17.7%
No HS diploma13.9%
HS diploma35%
Some college33.4%
Bachelor's+17.7%
Housing tenure
27.4%
72.6%
Owner27.4%
Renter72.6%

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

2021 vs 2026

How ZIP 53205 in Milwaukee, WI has changed in 5 years

Income
$22,526 → $31,529
up 40.0%
Population
8,337 → 9,265
up 11.1%
Renter share
73.1% → 72.6%
-0.5 pts
Bachelor's+
14.9% → 17.7%
+2.8 pts
Median age
31.1 → 27.9
-3.2 yrs

Median household income rose from $22,526 to $31,529 between 2021 and 2024, a 40.0% shift. The population has grown by 11.1% since 2021, moving from about 8,337 residents to roughly 9,265. College-educated residents now make up 17.7% of adults here, versus 14.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 53205

About renting in ZIP 53205

Last updated: July 20, 2026

ZIP code 53205 covers Milwaukee, WI. The median rent here is $1,536/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 58% of local median household income ($31,529/yr), ZIP 53205 ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53205?

As of July 20, 2026, the median monthly rent in ZIP 53205 (Milwaukee, WI) is $1,536. This is based on aggregated data from public sources and community submissions.

How does ZIP 53205 rent compare to the US average?

ZIP 53205's median rent of $1,536/mo is $429 (22%) below the US national median of $1,965/mo.

How does ZIP 53205 compare to other ZIPs in Wisconsin?

ZIP 53205 falls in the middle range for Wisconsin, ranking #41 out of 107 ZIPs at $1,536/mo.

How much income do you need to rent in ZIP 53205?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,536/mo in ZIP 53205. The local median household income is $31,529/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 53205?

Rent in ZIP 53205 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53205 an affordable place to rent?

ZIP 53205 is considered expensive for renters. At $1,536/mo, rent takes approximately 58% of the local median household income ($31,529/yr). The standard benchmark is 30%. ZIP 53205 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 53205 residents rent vs. own?

According to Census data, approximately 72.6% of ZIP 53205 households are renters, while 27.4% are owner-occupied. With a majority renter population, ZIP 53205 has a strong rental market.

How does ZIP 53205 compare to the rest of Milwaukee?

ZIP 53205 is pricier than Milwaukee as a whole. At $1,536/mo, it's $67 above the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53205 last updated?

Rent data for ZIP 53205 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
58%
EXPENSIVE

At $1,536/mo, rent takes ~58% of ZIP 53205's median household income ($31,529/yr). The standard benchmark is 30%.

ZIP 53205 58%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53205 (Milwaukee, WI)

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