Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Milwaukee, WI

Housing in Milwaukee, WI: Rent, Home Prices & Property Tax

$1,261/mo (1 bd) in Milwaukee. Median home $283,800. Property tax 1.53%.

Compare vs Chicago Rank metros from MilwaukeeHow we figure this

Rent (1 bd): $1,261; /mo
Buy: $2,057; Mortgage, tax, insurance
Buying costs more: $796; /mo

State tax and rent

To buy

20% down payment$56,760
Mortgage at 6.5%$1,435
Property tax (1.53% of value)$362/mo · $4,342/yr
Insurance and upkeep$260
Monthly total$2,057

44.7% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,618 left each month. About 22 months (1.8 years) to save $56,760.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Compare Milwaukee