Real Estate Investing in Milwaukee, Wisconsin (53219)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53219 (Milwaukee, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Milwaukee, WI (53219)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53219 Milwaukee
ZIP 53219 inside Milwaukee County looks affordable on the surface — median value of $277K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 53219 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 53219 and stronger Milwaukee ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 53219 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 53219 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Milwaukee:
Property Strategy for 53219
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $227,551 | $1,240 | 3.9% | +9.5% | $113,776 |
| 3BR | $265,199 | $1,530 | 4.2% | +8.9% | $88,400 |
| 4BR | $279,387 | $1,650 | 4.3% | +8.6% | $69,847 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53219 Compare?
| Metric | 53219 | Milwaukee | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $277,301 | $220,617 | N/A | $320,446 |
| 5-Year CAGR | 7.3% | 6.6% | N/A | 7.3% |
| Avg Rent | $1,268 | $1,381 | N/A | - |
| Cap Rate | 3.6% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53219 (Milwaukee, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 53219 (Milwaukee, WI)?
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Property managers serving Milwaukee County
Manage rentals here? List your business →Bodner Properties offers great apartments for rent in the Greater Milwaukee area. summary from their website
Home Path Property Management offers home rentals, build-to-rent options, and vacation rentals in the Milwaukee Area. summary from their website
MPC Property Management offers a wide range of property management services for residential, commercial, and association properties in Wisconsin. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $277,301 |
| Monthly Rent | $1,268 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 Rent Trends
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 53219
Population: 34,855
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 53219
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Audubon Technology and Communication Middle
Wedgewood Park School
Irving Elementary
Pulaski High
Zablocki Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,091 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Milwaukee, WI?
In Milwaukee, WI the median home value sits at $277K. Against the broader WI market, that reads as reasonable for most investors.
Is it easy to find good tenants in Milwaukee, WI?
Tenant quality in Milwaukee, WI ranks as solid. Landlords generally report reliable occupancy at market rents of $1,268/mo.
Can I house hack in Milwaukee, WI?
The house hack math a challenging in Milwaukee, WI. Owner-occupant buyers benefit from the $1,268/mo rents and $277K home values.
Is Milwaukee, WI landlord-friendly?
The landlord environment in Milwaukee, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Are rents high in Milwaukee, WI?
Average rent in Milwaukee, WI is approximately $1,268/mo per month. Against $277K home values that yields a reasonable rent-to-price ratio.
You know 53219 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53219 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 53219 ranks in Milwaukee-Waukesha, WI
Every ZIP in this metro, ranked. Free.
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