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ZIP Code · WI

ZIP 53206

Pop. 19,887·Milwaukee County·104th most expensive ZIP in Wisconsin
Median rent (all units)
$1,022/mo
Year-over-Year
+11.1%
Month-over-Month
+5.0%
vs US Median
-$943
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53206 · $1,022
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$870
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
$12,264/yr
At $1,022/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.1% YoY, +5.0% MoM), not inventory.
Demographics

Who lives here

ZIP 53206 (Milwaukee, WI) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 7.4% of residents hold a bachelor's degree or higher.

Population
19,887
Median income
$29,336
Median age
31.8
Renters
67.8%
Age distribution
31.8%
22.7%
21.5%
12.4%
Under 1831.8%
18–3422.7%
35–5421.5%
55–6411.6%
65+12.4%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
88.9%
White4.4%
Black88.9%
Hispanic4.6%
Other1.9%
Education (25+)
16.9%
42.3%
33.4%
No HS diploma16.9%
HS diploma42.3%
Some college33.4%
Bachelor's+7.4%
Housing tenure
32.2%
67.8%
Owner32.2%
Renter67.8%

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

2021 vs 2026

How ZIP 53206 in Milwaukee, WI has changed in 5 years

Income
$26,478 → $29,336
up 10.8%
Population
21,847 → 19,887
down 9.0%
Renter share
66.6% → 67.8%
+1.2 pts
Bachelor's+
6.8% → 7.4%
+0.6 pts

On the earnings side, the typical household in ZIP 53206 in Milwaukee, WI now reports about $29,336, up from $26,478 in 2021. The population has contracted by 9.0% since 2021, moving from about 21,847 residents to roughly 19,887.

Community

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Local insights

Tips for renters in ZIP 53206

About renting in ZIP 53206

Last updated: July 20, 2026

ZIP code 53206 covers Milwaukee, WI. The median rent here is $1,022/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 42% of local median household income ($29,336/yr), ZIP 53206 ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53206?

As of July 20, 2026, the median monthly rent in ZIP 53206 (Milwaukee, WI) is $1,022. This is based on aggregated data from public sources and community submissions.

How does ZIP 53206 rent compare to the US average?

ZIP 53206's median rent of $1,022/mo is $943 (48%) below the US national median of $1,965/mo.

How does ZIP 53206 compare to other ZIPs in Wisconsin?

ZIP 53206 is among the more affordable ZIP codes in Wisconsin, ranking #104 out of 107 ZIPs at $1,022/mo.

How much income do you need to rent in ZIP 53206?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,022/mo in ZIP 53206. The local median household income is $29,336/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 53206?

Rent in ZIP 53206 has increased 11.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53206 an affordable place to rent?

ZIP 53206 is considered stretched for renters. At $1,022/mo, rent takes approximately 42% of the local median household income ($29,336/yr). The standard benchmark is 30%. ZIP 53206 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 53206 residents rent vs. own?

According to Census data, approximately 67.8% of ZIP 53206 households are renters, while 32.2% are owner-occupied. With a majority renter population, ZIP 53206 has a strong rental market.

How does ZIP 53206 compare to the rest of Milwaukee?

ZIP 53206 is more affordable than Milwaukee overall. At $1,022/mo, it's $447 below the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53206 last updated?

Rent data for ZIP 53206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $1,022/mo, rent takes ~42% of ZIP 53206's median household income ($29,336/yr). The standard benchmark is 30%.

ZIP 53206 42%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53206 (Milwaukee, WI)

Recent submissions

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