Milwaukee-Waukesha, WI Metro Area - Investment Guide
Metro Area • 49 Cities • 79 ZIP Codes
Avg Home Value
$421,013
Avg Monthly Rent
$1,491
Avg Cap Rate
3.16%
Avg Investability
3.0 ★
Cities
49
ZIP Codes
79
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Best ZIP codes in Milwaukee-Waukesha, WI
Every ZIP in the metro, ranked four ways. Free.
Cities in Milwaukee-Waukesha, WI
Addison
Wisconsin
1 ZIPs
Belgium
Wisconsin
1 ZIPs
Brookfield
Wisconsin
2 ZIPs
Butler
Wisconsin
1 ZIPs
Cedarburg
Wisconsin
1 ZIPs
Cudahy
Wisconsin
1 ZIPs
Delafield
Wisconsin
1 ZIPs
Eagle
Wisconsin
1 ZIPs
Elm Grove
Wisconsin
1 ZIPs
Fox Point
Wisconsin
1 ZIPs
Franklin
Wisconsin
1 ZIPs
Fredonia
Wisconsin
1 ZIPs
Genesee
Wisconsin
1 ZIPs
Germantown
Wisconsin
1 ZIPs
Grafton
Wisconsin
1 ZIPs
Greendale
Wisconsin
1 ZIPs
Greenfield
Wisconsin
2 ZIPs
Hales Corners
Wisconsin
1 ZIPs
Hartford
Wisconsin
1 ZIPs
Hartland
Wisconsin
1 ZIPs
Jackson
Wisconsin
1 ZIPs
Kewaskum
Wisconsin
1 ZIPs
Lannon
Wisconsin
1 ZIPs
Lisbon
Wisconsin
1 ZIPs
Menomonee Falls
Wisconsin
1 ZIPs
Mequon
Wisconsin
2 ZIPs
Milwaukee
Wisconsin
21 ZIPs
Mukwonago
Wisconsin
1 ZIPs
Muskego
Wisconsin
1 ZIPs
Nashotah
Wisconsin
1 ZIPs
New Berlin
Wisconsin
2 ZIPs
Oak Creek
Wisconsin
1 ZIPs
Oconomowoc
Wisconsin
1 ZIPs
Okauchee
Wisconsin
1 ZIPs
Ottawa
Wisconsin
1 ZIPs
Port Washington
Wisconsin
1 ZIPs
Richfield
Wisconsin
3 ZIPs
Saint Francis
Wisconsin
1 ZIPs
Saukville
Wisconsin
1 ZIPs
Shorewood
Wisconsin
1 ZIPs
Slinger
Wisconsin
1 ZIPs
South Milwaukee
Wisconsin
1 ZIPs
Vernon
Wisconsin
1 ZIPs
Village of Pewaukee
Wisconsin
1 ZIPs
Wales
Wisconsin
1 ZIPs
Waukesha
Wisconsin
3 ZIPs
Wauwatosa
Wisconsin
2 ZIPs
West Allis
Wisconsin
2 ZIPs
West Bend
Wisconsin
2 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 53206 | Milwaukee | WI | $83,986 | $998 | 9.27% | |
| 53205 | Milwaukee | WI | $159,247 | $1,617 | 7.92% | |
| 53206 | Milwaukee | WI | $96,525 | $1,014 | 8.19% | |
| 53205 | Milwaukee | WI | $150,753 | $1,569 | 8.12% | |
| 53206 | Milwaukee | WI | $88,887 | $995 | 8.73% | |
| 53206 | Milwaukee | WI | $96,874 | $1,022 | 8.23% | |
| 53206 | Milwaukee | WI | $83,986 | $998 | 9.27% | |
| 53206 | Milwaukee | WI | $94,344 | $973 | 8.05% | |
| 53204 | Milwaukee | WI | $153,248 | $1,242 | 6.32% | |
| 53204 | Milwaukee | WI | $167,472 | $1,412 | 6.58% | |
| 53218 | Milwaukee | WI | $160,025 | $1,306 | 6.37% | |
| 53209 | Milwaukee | WI | $157,622 | $1,314 | 6.50% | |
| 53206 | Milwaukee | WI | $96,208 | $937 | 7.60% | |
| 53204 | Milwaukee | WI | $165,636 | $1,459 | 6.87% | |
| 53218 | Milwaukee | WI | $171,167 | $1,330 | 6.06% | |
| 53204 | Milwaukee | WI | $155,825 | $1,440 | 7.21% | |
| 53218 | Milwaukee | WI | $160,025 | $1,306 | 6.37% | |
| 53233 | Milwaukee | WI | $174,886 | $951 | 4.24% | |
| 53204 | Milwaukee | WI | $167,092 | $1,458 | 6.81% | |
| 53218 | Milwaukee | WI | $167,300 | $1,344 | 6.26% | |
| 53204 | Milwaukee | WI | $153,248 | $1,242 | 6.32% | |
| 53233 | Milwaukee | WI | $174,886 | $951 | 4.24% | |
| 53204 | Milwaukee | WI | $170,031 | $1,426 | 6.54% | |
| 53209 | Milwaukee | WI | $157,622 | $1,314 | 6.50% | |
| 53205 | Milwaukee | WI | $164,775 | $1,622 | 7.68% | |
| 53017 | Richfield | WI | $539,747 | $1,449 | 2.09% | |
| 53066 | Oconomowoc | WI | $553,839 | $1,669 | 2.35% | |
| 53110 | Cudahy | WI | $297,202 | $1,386 | 3.64% | |
| 53183 | Wales | WI | $560,030 | $1,539 | 2.14% | |
| 53212 | Milwaukee | WI | $207,532 | $1,252 | 4.71% | |
| 53225 | Milwaukee | WI | $242,897 | $1,208 | 3.88% | |
| 53024 | Grafton | WI | $481,055 | $1,755 | 2.85% | |
| 53076 | Richfield | WI | $590,068 | $1,359 | 1.80% | |
| 53130 | Hales Corners | WI | $393,383 | $1,467 | 2.91% | |
| 53203 | Milwaukee | WI | $385,010 | $1,584 | 3.21% | |
| 53216 | Milwaukee | WI | $180,509 | $1,142 | 4.94% | |
| 53235 | Saint Francis | WI | $287,617 | $1,745 | 4.73% | |
| 53002 | Addison | WI | $425,476 | $1,026 | 1.88% | |
| 53040 | Kewaskum | WI | $395,995 | $1,062 | 2.09% | |
| 53092 | Mequon | WI | $572,504 | $2,134 | 2.91% | |
| 53150 | Muskego | WI | $534,606 | $1,384 | 2.02% | |
| 53207 | Milwaukee | WI | $314,773 | $1,580 | 3.91% | |
| 53221 | Milwaukee | WI | $281,719 | $1,462 | 4.05% | |
| 53004 | Belgium | WI | $404,210 | $1,080 | 2.08% | |
| 53045 | Brookfield | WI | $545,542 | $2,096 | 3.00% | |
| 53095 | West Bend | WI | $389,346 | $1,092 | 2.19% | |
| 53151 | New Berlin | WI | $463,233 | $1,598 | 2.69% | |
| 53208 | Milwaukee | WI | $242,035 | $1,369 | 4.41% | |
| 53222 | Milwaukee | WI | $252,886 | $1,540 | 4.75% | |
| 53018 | Delafield | WI | $648,293 | $1,683 | 2.02% |
Showing top 50 of 79 ZIP codes. View all →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Milwaukee-Waukesha, WI Real Estate Market
The Milwaukee-Waukesha, WI metropolitan statistical area (MSA) encompasses 49 cities and 79 ZIP codes. The average home value across the metro is $421,013, with an average monthly rent of $1,491. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.