Milwaukee-Waukesha-West Allis Fair Market Rent FY 2024 Milwaukee-Waukesha-West Allis, WI MSA Rental Data

Fair Market Rent prices in Milwaukee-Waukesha-West Allis are high compared to the national average. This FMR area is more expensive than 79% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Milwaukee-Waukesha-West Allis is $1,170 per month.

The previous year, rent for a two-bedroom home was $1,092 per month. This is a 7.14% increase year-over-year.

This FMR rate applies to Butler, WI, Caledonia, WI, Franksville, WI, Hales Corners, WI, Saint Francis, WI, Greendale, WI, Cudahy, WI, South Milwaukee, WI, Oak Creek, WI, Franklin, WI and other cities within the region. The Metro Code or CBSA code for this region is METRO33340M33340.

Additionally, This Fair Market Rent (FMR) area Milwaukee-Waukesha-West Allis, WI MSA spans one county or city in Wisconsin which is listed in the table below. Estimated population of Milwaukee-Waukesha-West Allis, WI MSA FMR area is 949,180 people based on latest Census data.

Compared to the rest of Wisconsin, the Milwaukee-Waukesha-West Allis FMR area is more expensive than 92% of the state.

Median Rent Prices in Milwaukee-Waukesha-West Allis

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: