ZIP Code · WI

ZIP 53212

Pop. 28,938·Milwaukee County·74th most expensive ZIP in Wisconsin
Median rent (all units)
$1,227/mo
Year-over-Year
+6.6%
Month-over-Month
+0.5%
vs US Median
-$705
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 53212 · $1,227
More affordable than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$980
1 BR
$1,070
2 BR
$1,280
3 BR
$1,580
4 BR+
$1,710
Research median
$1,280/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 53212 usually run 0.8% below trend in January and 0.6% above it in May, about $17 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 53212 is at its highest level since Zillow's records here began in June 2016.

Past year vs. the rest of Wisconsin

Rent in ZIP 53212 changed +6.6% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 53212 rose 34.6% while median household income rose 26% ($37,543 to $47,298). Rent outpaced income.

Since before the pandemic

Rent in ZIP 53212 is 49.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 9 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($47,298) is $1,182 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,070); a 2-bedroom is $1,280.

Rank in Milwaukee

5th cheapest of 19 ZIP codes in Milwaukee.

Cheaper nearby

ZIP 53206, 1 mile away, rents for 19% less ($994/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 53212. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,724/yr
At $1,227/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.6% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 53212 (Milwaukee, WI) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.8% of residents hold a bachelor's degree or higher.

Population
28,938
Median income
$47,298
Median age
31.1
Renters
65.6%
Age distribution
24%
34.2%
23.2%
Under 1824%
18–3434.2%
35–5423.2%
55–648.4%
65+10.2%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
37.6%
48.1%
White37.6%
Black48.1%
Hispanic10.8%
Asian1.3%
Other2.2%
Education (25+)
23.1%
27.9%
39.8%
No HS diploma9.3%
HS diploma23.1%
Some college27.9%
Bachelor's+39.8%
Housing tenure
34.4%
65.6%
Owner34.4%
Renter65.6%

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

2021 vs 2026

How ZIP 53212 in Milwaukee, WI has changed in 5 years

Rent
$877 → $1,227
up 39.9%
Income
$40,662 → $47,298
up 16.3%
Population
29,142 → 28,938
down 0.7%
Renter share
67.8% → 65.6%
-2.2 pts
Bachelor's+
34.9% → 39.8%
+4.9 pts
Median age
31.7 → 31.1
-0.6 yrs

The median rent in ZIP 53212 in Milwaukee, WI stood at $877 in 2021 and currently runs about $1,227, reflecting a 39.9% increase over the period. Local incomes tracked alongside that move, going from a median of $40,662 in 2021 to $47,298 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 65.6% of households, compared with 67.8% five years ago. College-educated residents now make up 39.8% of adults here, versus 34.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 53212 in Milwaukee, WI market of 2021.

Community

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About renting in ZIP 53212

Last updated: October 17, 2026

ZIP code 53212 covers Milwaukee, WI. The median rent here is $1,227/mo as of October 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,280/mo.

At 31% of local median household income ($47,298/yr), ZIP 53212 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 53212?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,227/mo in ZIP 53212. The local median household income is $47,298/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 53212?

Rent in ZIP 53212 has risen 6.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2016.

When is the cheapest time to rent in ZIP 53212?

Asking rents in ZIP 53212 are usually lowest in January, about 0.8% below their yearly trend, and highest in May, about 0.6% above it. At today's median that is a gap of roughly $17 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 53212?

Yes. From 2019 to 2024, rent in ZIP 53212 rose 34.6% while median household income rose 26%, from $37,543 to $47,298. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 53212 compare to other ZIPs in Wisconsin?

ZIP 53212 is one of the more affordable among Wisconsin ZIP codes for rent, ranking #74 of 103 at $1,227/mo. Over the year to September 2026, rent in ZIP 53212 changed +6.6%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.

How does ZIP 53212 compare to the rest of Milwaukee?

At $1,227/mo, ZIP 53212 is $216 below the Milwaukee citywide median of $1,443/mo. It is the 5th cheapest of 19 ZIP codes in Milwaukee.
Income Affordability
31%
MODERATE

At $1,227/mo, rent takes ~31% of ZIP 53212's median household income ($47,298/yr). The standard benchmark is 30%.

ZIP 53212 31%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53212 (Milwaukee, WI)

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