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ZIP Code · WI

ZIP 53224

Pop. 21,223·Milwaukee County·47th most expensive ZIP in Wisconsin
Median rent (all units)
$1,454/mo
Year-over-Year
+6.8%
Month-over-Month
+3.0%
vs US Median
-$511
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53224 · $1,454
More affordable than 77% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,170
2 BR
$1,400
3 BR
$1,720
4 BR+
$1,870
Research median
$1,400/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
$17,448/yr
At $1,454/mo median
Location
StateWI
CountyMilwaukee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.8% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 53224 (Milwaukee, WI) is roughly split between renters and owners, has a large share of families with children, 27.5% of residents hold a bachelor's degree or higher.

Population
21,223
Median income
$67,803
Median age
29.6
Renters
49.7%
Age distribution
35.3%
23.7%
23.2%
Under 1835.3%
18–3423.7%
35–5423.2%
55–649%
65+8.9%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
22.5%
54.8%
White22.5%
Black54.8%
Hispanic7.9%
Asian11.6%
Other3.2%
Education (25+)
37.8%
26.9%
27.5%
No HS diploma7.8%
HS diploma37.8%
Some college26.9%
Bachelor's+27.5%
Housing tenure
50.3%
49.7%
Owner50.3%
Renter49.7%

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

2021 vs 2026

How ZIP 53224 in Milwaukee, WI has changed in 5 years

Income
$59,724 → $67,803
up 13.5%
Population
20,989 → 21,223
up 1.1%
Renter share
51.5% → 49.7%
-1.8 pts
Bachelor's+
25.9% → 27.5%
+1.6 pts
Median age
29 → 29.6
+0.6 yrs

Local incomes tracked alongside that move, going from a median of $59,724 in 2021 to $67,803 more recently. Census counts show ZIP 53224 in Milwaukee, WI adding about 234 residents over the five-year window, up 1.1% on net. The renter share has eased from 51.5% to 49.7%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 53224

About renting in ZIP 53224

Last updated: July 20, 2026

ZIP code 53224 covers Milwaukee, WI. The median rent here is $1,454/mo as of July 2026. A 1-bedroom rents for a median of $1,170/mo. A 2-bedroom rents for a median of $1,400/mo.

At 26% of local median household income ($67,803/yr), ZIP 53224 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53224?

As of July 20, 2026, the median monthly rent in ZIP 53224 (Milwaukee, WI) is $1,454. This is based on aggregated data from public sources and community submissions.

How does ZIP 53224 rent compare to the US average?

ZIP 53224's median rent of $1,454/mo is $511 (26%) below the US national median of $1,965/mo.

How does ZIP 53224 compare to other ZIPs in Wisconsin?

ZIP 53224 falls in the middle range for Wisconsin, ranking #47 out of 107 ZIPs at $1,454/mo.

How much income do you need to rent in ZIP 53224?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,454/mo in ZIP 53224. The local median household income is $67,803/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53224?

Rent in ZIP 53224 has increased 6.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53224 an affordable place to rent?

ZIP 53224 is considered affordable for renters. At $1,454/mo, rent takes approximately 26% of the local median household income ($67,803/yr). The standard benchmark is 30%. ZIP 53224 falls comfortably within that range.

What percentage of ZIP 53224 residents rent vs. own?

According to Census data, approximately 49.7% of ZIP 53224 households are renters, while 50.3% are owner-occupied. ZIP 53224 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53224 compare to the rest of Milwaukee?

ZIP 53224 is more affordable than Milwaukee overall. At $1,454/mo, it's $15 below the Milwaukee citywide median of $1,469/mo.

When was rent data for ZIP 53224 last updated?

Rent data for ZIP 53224 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,454/mo, rent takes ~26% of ZIP 53224's median household income ($67,803/yr). The standard benchmark is 30%.

ZIP 53224 26%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53224 (Milwaukee, WI)

Recent submissions

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