ZIP Code · WI

ZIP 53215

Pop. 58,146·Milwaukee County·95th most expensive ZIP in Wisconsin
Median rent (all units)
$1,072/mo
Year-over-Year
+7.8%
Month-over-Month
+0.7%
vs US Median
-$860
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53215 · $1,072
More affordable than 96% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 53215 is 1.5% below its high of $1,088 in July 2026, at $1,072 as of September 2026.

Past year vs. the rest of Wisconsin

Rent in ZIP 53215 changed +7.8% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($54,289) is $1,357 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,140); a 3-bedroom is $1,410.

Rank in Milwaukee

2nd cheapest of 19 ZIP codes in Milwaukee.

From Zillow's monthly rent index (ZORI) for ZIP 53215. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,864/yr
At $1,072/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.8% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 53215 (Milwaukee, WI) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 11.3% of residents hold a bachelor's degree or higher.

Population
58,146
Median income
$54,289
Median age
31.9
Renters
52.6%
Age distribution
28.7%
25%
27.1%
Under 1828.7%
18–3425%
35–5427.1%
55–649.6%
65+9.5%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
24.6%
69%
White24.6%
Black6.3%
Hispanic69%
Asian5.9%
Education (25+)
34.1%
31.6%
23%
No HS diploma34.1%
HS diploma31.6%
Some college23%
Bachelor's+11.3%
Housing tenure
47.4%
52.6%
Owner47.4%
Renter52.6%

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

2022 vs 2026

How ZIP 53215 in Milwaukee, WI has changed in 5 years

Rent
$796 → $1,072
up 34.7%
Income
$44,086 → $54,289
up 23.1%
Population
59,400 → 58,146
down 2.1%
Renter share
54.1% → 52.6%
-1.5 pts
Bachelor's+
11.7% → 11.3%
-0.4 pts
Median age
30.7 → 31.9
+1.2 yrs

Compared with 2022, rent in ZIP 53215 in Milwaukee, WI has climbed by $276 per month, settling near $1,072 after starting the period at $796. Census figures show median household income at $54,289 today, compared with $44,086 five years earlier. Rent outpaced income growth by roughly 11.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 59,400 to 58,146 between 2021 and 2024, a 2.1% change. About 52.6% of households rent today, against 54.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 53215

Last updated: October 17, 2026

ZIP code 53215 covers Milwaukee, WI. The median rent here is $1,072/mo as of October 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,140/mo.

At 24% of local median household income ($54,289/yr), ZIP 53215 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 53215?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (about $21/hour full-time) to afford the median rent of $1,072/mo in ZIP 53215. The local median household income is $54,289/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 53215?

Rent in ZIP 53215 has risen 7.8% over the past year as of September 2026. It sits 1.5% below its high of $1,088 in July 2026.

How does ZIP 53215 compare to other ZIPs in Wisconsin?

ZIP 53215 is one of the more affordable among Wisconsin ZIP codes for rent, ranking #95 of 103 at $1,072/mo. Over the year to September 2026, rent in ZIP 53215 changed +7.8%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.

How does ZIP 53215 compare to the rest of Milwaukee?

At $1,072/mo, ZIP 53215 is $371 below the Milwaukee citywide median of $1,443/mo. It is the 2nd cheapest of 19 ZIP codes in Milwaukee.
Income Affordability
24%
VERY AFFORDABLE

At $1,072/mo, rent takes ~24% of ZIP 53215's median household income ($54,289/yr). The standard benchmark is 30%.

ZIP 53215 24%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53215 (Milwaukee, WI)

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