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ZIP Code · WI

ZIP 53223

Pop. 28,793·Milwaukee County·26th most expensive ZIP in Wisconsin
Median rent (all units)
$1,676/mo
Year-over-Year
Stable
Month-over-Month
+7.2%
vs US Median
-$289
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53223 · $1,676
More affordable than 60% of US ZIP codes · National median $1,965/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,140
2 BR
$1,360
3 BR
$1,670
4 BR+
$1,810
Research median
$1,360/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
$20,112/yr
At $1,676/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +7.2% MoM), not inventory.
Demographics

Who lives here

ZIP 53223 (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, 28.6% of residents hold a bachelor's degree or higher.

Population
28,793
Median income
$60,839
Median age
37.4
Renters
46.6%
Age distribution
25.3%
21.7%
22.5%
19.2%
Under 1825.3%
18–3421.7%
35–5422.5%
55–6411.3%
65+19.2%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
30.9%
53.8%
White30.9%
Black53.8%
Hispanic5.5%
Asian7.1%
Other2.7%
Education (25+)
29.2%
31.2%
28.6%
No HS diploma11%
HS diploma29.2%
Some college31.2%
Bachelor's+28.6%
Housing tenure
53.4%
46.6%
Owner53.4%
Renter46.6%

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

2021 vs 2026

How ZIP 53223 in Milwaukee, WI has changed in 5 years

Income
$56,781 → $60,839
up 7.1%
Population
29,397 → 28,793
down 2.1%
Renter share
47.6% → 46.6%
-1.0 pts
Bachelor's+
27.7% → 28.6%
+0.9 pts
Median age
39.9 → 37.4
-2.5 yrs

Census figures show median household income at $60,839 today, compared with $56,781 five years earlier. Census counts show ZIP 53223 in Milwaukee, WI losing about 604 residents over the five-year window, down 2.1% on net.

Community

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Local insights

Tips for renters in ZIP 53223

About renting in ZIP 53223

Last updated: July 20, 2026

ZIP code 53223 covers Milwaukee, WI. The median rent here is $1,676/mo as of July 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,360/mo.

At 33% of local median household income ($60,839/yr), ZIP 53223 ranks as moderate 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 53223?

As of July 20, 2026, the median monthly rent in ZIP 53223 (Milwaukee, WI) is $1,676. This is based on aggregated data from public sources and community submissions.

How does ZIP 53223 rent compare to the US average?

ZIP 53223's median rent of $1,676/mo is $289 (15%) below the US national median of $1,965/mo.

How does ZIP 53223 compare to other ZIPs in Wisconsin?

ZIP 53223 is one of the pricier ZIP codes in Wisconsin, ranking #26 out of 107 ZIPs tracked at $1,676/mo.

How much income do you need to rent in ZIP 53223?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,676/mo in ZIP 53223. The local median household income is $60,839/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 53223?

Rent in ZIP 53223 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53223 an affordable place to rent?

ZIP 53223 is considered moderate for renters. At $1,676/mo, rent takes approximately 33% of the local median household income ($60,839/yr). The standard benchmark is 30%. ZIP 53223 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 53223 residents rent vs. own?

According to Census data, approximately 46.6% of ZIP 53223 households are renters, while 53.4% are owner-occupied. ZIP 53223 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53223 compare to the rest of Milwaukee?

ZIP 53223 is pricier than Milwaukee as a whole. At $1,676/mo, it's $207 above the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53223 last updated?

Rent data for ZIP 53223 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,676/mo, rent takes ~33% of ZIP 53223's median household income ($60,839/yr). The standard benchmark is 30%.

ZIP 53223 33%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53223 (Milwaukee, WI)

Recent submissions

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