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ZIP Code · WI

ZIP 53216

Pop. 30,345·Milwaukee County·90th most expensive ZIP in Wisconsin
Median rent (all units)
$1,142/mo
Year-over-Year
+15.5%
Month-over-Month
-3.0%
vs US Median
-$823
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 53216 · $1,142
More affordable than 94% 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
$13,704/yr
At $1,142/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.5% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 53216 (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, 17.4% of residents hold a bachelor's degree or higher.

Population
30,345
Median income
$46,752
Median age
33.2
Renters
52.7%
Age distribution
29.4%
22.5%
23%
12.2%
12.9%
Under 1829.4%
18–3422.5%
35–5423%
55–6412.2%
65+12.9%
Gender
43.5%
56.5%
Male43.5%
Female56.5%
Race & ethnicity
78.5%
White10.7%
Black78.5%
Hispanic5.2%
Asian4.3%
Other1.4%
Education (25+)
14.3%
33.2%
35.1%
17.4%
No HS diploma14.3%
HS diploma33.2%
Some college35.1%
Bachelor's+17.4%
Housing tenure
47.3%
52.7%
Owner47.3%
Renter52.7%

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

2021 vs 2026

How ZIP 53216 in Milwaukee, WI has changed in 5 years

Income
$35,829 → $46,752
up 30.5%
Population
31,398 → 30,345
down 3.4%
Renter share
56.2% → 52.7%
-3.5 pts
Bachelor's+
16.2% → 17.4%
+1.2 pts

On the earnings side, the typical household in ZIP 53216 in Milwaukee, WI now reports about $46,752, up from $35,829 in 2021. Census counts show ZIP 53216 in Milwaukee, WI losing about 1,053 residents over the five-year window, down 3.4% on net. The renter share has eased from 56.2% to 52.7%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 53216

About renting in ZIP 53216

Last updated: July 20, 2026

ZIP code 53216 covers Milwaukee, WI. The median rent here is $1,142/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 29% of local median household income ($46,752/yr), ZIP 53216 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53216?

As of July 20, 2026, the median monthly rent in ZIP 53216 (Milwaukee, WI) is $1,142. This is based on aggregated data from public sources and community submissions.

How does ZIP 53216 rent compare to the US average?

ZIP 53216's median rent of $1,142/mo is $823 (42%) below the US national median of $1,965/mo.

How does ZIP 53216 compare to other ZIPs in Wisconsin?

ZIP 53216 is among the more affordable ZIP codes in Wisconsin, ranking #90 out of 107 ZIPs at $1,142/mo.

How much income do you need to rent in ZIP 53216?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,142/mo in ZIP 53216. The local median household income is $46,752/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53216?

Rent in ZIP 53216 has increased 15.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53216 an affordable place to rent?

ZIP 53216 is considered affordable for renters. At $1,142/mo, rent takes approximately 29% of the local median household income ($46,752/yr). The standard benchmark is 30%. ZIP 53216 falls comfortably within that range.

What percentage of ZIP 53216 residents rent vs. own?

According to Census data, approximately 52.7% of ZIP 53216 households are renters, while 47.3% are owner-occupied. With a majority renter population, ZIP 53216 has a strong rental market.

How does ZIP 53216 compare to the rest of Milwaukee?

ZIP 53216 is more affordable than Milwaukee overall. At $1,142/mo, it's $327 below the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53216 last updated?

Rent data for ZIP 53216 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,142/mo, rent takes ~29% of ZIP 53216's median household income ($46,752/yr). The standard benchmark is 30%.

ZIP 53216 29%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53216 (Milwaukee, WI)

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