Milwaukee Multifamily Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield

Quarterly multifamily market indicators for Milwaukee, aggregated by PropZone from Cushman & Wakefield. As of Q1 2026, average asking rent was — with a 16.2% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 202616.2%210K SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for multifamily space in Milwaukee?
PropZone aggregates multifamily asking-rent data for Milwaukee from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Milwaukee?
The multifamily vacancy rate in Milwaukee was 16.2% as of Q1 2026 (Cushman & Wakefield).
Where does PropZone's Milwaukee market data come from?
This report aggregates quarterly multifamily market data for Milwaukee from Cushman & Wakefield.