Real Estate Investing in Milwaukee, Wisconsin (53222)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53222 (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.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
What’s happening in Milwaukee, WI (53222)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53222 Milwaukee
The 53222 ZIP covers a section of Milwaukee that demands careful diligence. Prices near $273K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 53222 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Stepping back, 53222 offers a low basis, the region around Milwaukee has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 53222 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 53222 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Milwaukee:
Property Strategy for 53222
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $87,858 | $1,060 | 8.7% | +8.7% | $87,858 |
| 2BR | $205,859 | $1,270 | 4.4% | +9.6% | $102,929 |
| 3BR | $256,134 | $1,560 | 4.4% | +8.4% | $85,378 |
| 4BR | $297,556 | $1,690 | 4.1% | +7.7% | $74,389 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53222 Compare?
| Metric | 53222 | Milwaukee | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $272,576 | $220,617 | N/A | $320,446 |
| 5-Year CAGR | 6.9% | 6.6% | N/A | 7.3% |
| Avg Rent | $1,611 | $1,381 | N/A | - |
| Cap Rate | 4.6% | 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 53222 (Milwaukee, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 53222 (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 | $272,576 |
| Monthly Rent | $1,611 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | +14.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 53222
Population: 24,400
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 53222
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Clemens Elementary
Fifty-Third Street Elementary
Marshall High
Underwood Elementary
Bryant 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
Frequently Asked Questions
What kind of market is Milwaukee, WI for investors?
The 3.0/5 investability rating in Milwaukee, WI reflects its $273K prices and $1,611/mo rents. Investors generally consider it a solid option within WI.
How much is rent in Milwaukee, WI?
The typical rental in Milwaukee, WI commands about $1,611/mo monthly. That rent profile stable cash flow against the $273K purchase basis.
What is the rental occupancy rate in Milwaukee, WI?
Milwaukee, WI carries elevated vacancy risk. Expect consistent absorption at market rents of $1,611/mo.
Does house hacking work in Milwaukee, WI?
House hacking in Milwaukee, WI is a challenging. With home values around $273K and rents at $1,611/mo, owner-occupants can offset a meaningful share of PITI.
How do landlord-tenant laws work in Milwaukee, WI?
Milwaukee, WI operates under WI law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 53222 now. You don’t know where it ranks.
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How 53222 ranks in Milwaukee-Waukesha, WI
Every ZIP in this metro, ranked. Free.
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