Is Milwaukee, WI a good place to invest in rental property?

Milwaukee, WI has a median modeled monthly cash flow of $-248 and a median cap rate of 4.9%, on a median sold price of $240,000. Prices changed +3.2% year over year.

What is the average cap rate in Milwaukee, WI?

The median cap rate across recently sold homes in Milwaukee, WI is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Milwaukee, WI?

The median sold price in Milwaukee, WI is $240,000 (about $160 per square foot).

Investing in Milwaukee, WI Real Estate

A data-driven snapshot of the Milwaukee, WI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$240,000Median sold price

$160Median $/sqft

4.9%Median cap rate

$-248Modeled cash flow / mo

+3.2%Appreciation YoY

7.8Months of supply

3,594Active listings

5,524Sold (last 12 mo)

What the Milwaukee numbers say

In Milwaukee, WI, the median home sold for $240,000 (about $160 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-248 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 7.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 13 fix-and-flip deals in Milwaukee — listings where the estimated after-repair value beats list price + rehab.

Other Wisconsin markets to compare

See Milwaukee cash-flowing listings

CashFlowRE ranks every for-sale home in Milwaukee, WI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Milwaukee deals, or browse the national market data.