Rent to own Homes in Milwaukee, WI

Milwaukee began as an operating post for fur traders and trappers in 1795. But there weren't any permanent European settlers until 1822 when Solomon Juneau, the city's founding father, built a log cabin in Milwaukee and made it his home. In 1835, Juneau and a partner subdivided portions of the land and sold them to incoming residents. When the city was incorporated in 1846, it had 9,508 residents, and by 1850, Milwaukee already had a population of over 20,000. During that period, the city saw an influx of German immigrants. Many of them, including Miller, Blatz, Schlitz, and Pabst, learned the craft of brewing beer in their hometown and established breweries in Milwaukee. Before long, the city became known as the "Beer Capital of the World."

These days the economy in Milwaukee is going strong. Its metropolitan area has a GMP of $100.7 billion and was 89th on Forbes' list of best places for business and careers in 2019. While beer and manufacturing are still viable industries in the city, Milwaukee has strong technology, health care, and financial services sectors. Northwest Mutual, WEC Energy Group, Rockwell Automation, A.O. Smith, Harley Davidson, and several other major corporations are headquartered in the city. And the innovative spirit of the original beer manufacturers is still alive and kicking as startup companies continue to emerge out of Milwaukee.

Milwaukee, WI is a great place for affordable rent-to-own homes! With a median household income of over $43,125 and a median rent of $866, the Milwaukee, WI rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Milwaukee, WI. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Milwaukee, WI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 25 819 E LINCOLN AVE
Rent To Own
Bay View
Single Family Home
Milwaukee, WI 53207
3
1
982 ft2
1898
New
2622 N 20TH ST
Rent To Own
North Division
Single Family Home
Milwaukee, WI 53206
4
2
1731 ft2
1895
New
2509 JILLS DR
Rent To Own
Meadowbrook Heights
Single Family Home
Waukesha, WI 53188
3
2
1238 ft2
1999
6328 49TH AVE
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
3
1
1025 ft2
1953
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
8141 W CLOVERNOOK ST
Rent to Own Eligible
Menomonee River Hills
Single Family Home
Milwaukee, WI 53223
3
2
1256 ft2
1959
4252 N TEUTONIA AVE
Rent to Own Eligible
Rufus King
Townhouse/Condo
Milwaukee, WI 53209
3
1
14295 ft2
1930
4546 N 68TH ST
Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53218
3
1
1238 ft2
1952
New
4651 N 78TH ST
Rent to Own Eligible
Columbus Park
Single Family Home
Milwaukee, WI 53218
3
2
1388 ft2
1958
New
9020 W HAMPTON AVE
Rent to Own Eligible
Vogel Park
Townhouse/Condo
Milwaukee, WI 53225
5
3
2370 ft2
1961
New
4304 N 75TH ST
Rent to Own Eligible
Capitol Heights
Single Family Home
Milwaukee, WI 53216
4
2
1326 ft2
1951
1 of 25 3015 N 55TH ST
Rent to Own Eligible
St. Joseph's
Single Family Home
Milwaukee, WI 53210
3
1
1376 ft2
1928
New
7863 N 76TH ST
Rent to Own Eligible
Pollber Heights
Single Family Home
Milwaukee, WI 53223
3
1
946 ft2
1956
New
8115 W HAMPTON AVE
Rent to Own Eligible
Columbus Park
Townhouse/Condo
Milwaukee, WI 53218
2
1
6528 ft2
1958
5030 N 56TH ST
Rent to Own Eligible
Hampton Heights
Single Family Home
Milwaukee, WI 53218
4
1
1022 ft2
1952
8129 W GREEN TREE RD
Rent to Own Eligible
Menomonee River Hills
Single Family Home
Milwaukee, WI 53223
3
2
1000 ft2
1959
New
2136 N PALMER ST
Rent to Own Eligible
Brewer's Hill
Single Family Home
Milwaukee, WI 53212
3
3
2260 ft2
1890
1862-1866 N CAMBRIDGE AVE
Rent to Own Eligible
Yankee Hill
Townhouse/Condo
Milwaukee, WI 53202
3
6
8835 ft2
1905
6611 N LANDERS ST
Rent to Own Eligible
Menomonee River Hills East
Single Family Home
Milwaukee, WI 53223
3
2
1370 ft2
1968
3514 N MARYLAND AVE
Rent to Own Eligible
Village Of Shorewood
Townhouse/Condo
Milwaukee, WI 53211
2
4
1793 ft2
2001
4121 N 83RD ST
Rent to Own Eligible
Arlington Gardens
Single Family Home
Milwaukee, WI 53222
4
1
1945 ft2
1941
New
4839 N 71ST ST
Rent to Own Eligible
Long View
Single Family Home
Milwaukee, WI 53218
3
1
1213 ft2
1940
3015 N 73RD ST
Rent to Own Eligible
Enderis Park
Townhouse/Condo
Milwaukee, WI 53210
3
2
1491 ft2
1924
7025 W BECKETT AVE
Rent to Own Eligible
Dineen Park
Single Family Home
Milwaukee, WI 53216
3
2
1304 ft2
1953
New
730 N PLANKINTON AVE #2B
Rent to Own Eligible
Kilbourn Town
Townhouse/Condo
Milwaukee, WI 53203
3
2
2356 ft2
1916
New
825 N PROSPECT AVE #2502
Rent to Own Eligible
Juneau Town
Townhouse/Condo
Milwaukee, WI 53202
2
3
3345 ft2
2007
New
1704 E KANE PL #D
Rent to Own Eligible
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
3
2
1464 ft2
1911
3912 N 69TH ST
Rent to Own Eligible
Dineen Park
Single Family Home
Milwaukee, WI 53216
3
1
1087 ft2
1953
1633 N PROSPECT AVE #8E
Rent to Own Eligible
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
2
2
1642 ft2
1982
2119 N BUFFUM ST
Rent to Own Eligible
Brewer's Hill
Townhouse/Condo
Milwaukee, WI 53212
3
2
2826 ft2
1892
2559 N HOLTON ST
Rent to Own Eligible
Harawbee
Single Family Home
Milwaukee, WI 53212
3
1
1101 ft2
1890
1033 S 88TH ST
Rent to Own Eligible
Lafollette Park
Single Family Home
Milwaukee, WI 53214
3
1
1113 ft2
1955
3225 N HACKETT AVE
Rent to Own Eligible
Downer Woods
Single Family Home
Milwaukee, WI 53211
7
4
2971 ft2
1905
500 W Bender Rd
Rent to Own Eligible
Bender
Townhouse/Condo
Glendale, WI 53217
2
2
1260 ft2
1992
1660 N PROSPECT AVE #908
Rent to Own Eligible
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
1
1
640 ft2
1990
2333 N 62ND ST
Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53213
3
2
1428 ft2
1927
2214 E EDGEWOOD AVE
Rent to Own Eligible
Village Of Shorewood
Townhouse/Condo
Milwaukee, WI 53211
2
4
1758 ft2
2001
4137 N MORRIS BLVD
Rent to Own Eligible
Village Of Shorewood
Single Family Home
Milwaukee, WI 53211
3
6
1881 ft2
1932
New
715 N MILWAUKEE ST
Rent to Own Eligible
Juneau Town
Townhouse/Condo
Milwaukee, WI 53202
2
1
1200 ft2
1854
4308 N 54TH ST
Rent to Own Eligible
Lincoln Creek
Single Family Home
Milwaukee, WI 53216
3
1
1328 ft2
1949
2324 S 16TH ST
Rent to Own Eligible
Lincoln Village
Single Family Home
Milwaukee, WI 53215
3
2
1672 ft2
2007
New
4144 N MORRIS BLVD
Rent to Own Eligible
Village Of Shorewood
Single Family Home
Milwaukee, WI 53211
3
5
1583 ft2
1927
7030 N 90TH ST
Rent to Own Eligible
Menomonee River Hills
Single Family Home
Milwaukee, WI 53224
3
2
1616 ft2
1993
New
1 of 17 1905 N Water St
Rent to Own Eligible
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
1
1
1110 ft2
2005
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Buying a Home in Milwaukee, WI

Milwaukee, WI is seeing rapid growth and Milwaukee, WI's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Milwaukee, WI is part of Milwaukee county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Milwaukee is 2.24% which is above the national average, which is 0.99%.

Median Home Price in Milwaukee, WI

Median Rent in Milwaukee, WI

Rent to own homes offer low monthly payments and flexible terms.

Average Cost of Living in Milwaukee

Milwaukee is more affordable than its surrounding municipalities. The city's cost of living is 6% lower than the state average and 15.1% below the U.S. average. Health, utilities, and transportation expenses are slightly higher than the rest of the country, but groceries and housing are significantly lower. Neighboring cities range from Brown Deer, which is 4.3% more costly, to Whitefish Bay, which is nearly 40% higher.

Average Home Prices in Milwaukee

Good things aren't always expensive. The median cost of a home in Milwaukee is $123,100, which is $55,000 cheaper than Wisconsin's median of $188,100 and $108,100 lower than the U.S. average of $231,200. Houses in the cities surrounding Milwaukee are more expensive. The average price in Brown Deer is $159,700, and in Glendale, Menomonee Falls, Shorewood, and Whitefish Bay, median costs range between $216,500 and $424,700. In addition to its low prices, there are many rent-to-own homes in Milwaukee, making it an excellent option for people looking to relocate.

Milwaukee Statistics

If you're interested in Milwaukee rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Milwaukee statistics compared to the U.S. national average.

Milwaukee AveragesNational Averages
One-Way Commute22.4 minutes26.4 minutes
Violent Crime73.122.7
Property Crime59.535.4
Unemployment Rate5.0%3.9%
Income Tax Rate6.3%4.6%
Air Quality2058
Water Quality6455
Median Household Income$35,489$53,482
Median Property Taxes$3,700$2,200
Utilities$137/month$112/month
Monthly Rent$840$1,470
Median Home Cost$123,100$231,200
Median Home Age66 years40 years

Popular Amenities and Attractions in Milwaukee

Captain Frederick Pabst paid $254,000 to build and furnish his magnificent mansion by its completion in 1892. The city paid homage to the Milwaukee legend by preserving and restoring his home during its urban renewal period. You can visit the Pabst Mansion to check out the articulate 19th-century architecture and learn about the life and accomplishments of Pabst and the home's subsequent inhabitants. The Miller Brewing Company, founded in 1855, and the Pabst Brewing Company, established in 1844, offer tours that teach the history of Milwaukee's beer industry and everything about old-fashioned and modern brewing and techniques.

Visitors and residents take advantage of the city's location along the Milwaukee River and Lake Michigan. Cruises, fishing, sailing, kayaking, boat tours, and water sports will keep you entertained for days. Stop by the Mitchell Park Horticultural Conservatory, where you'll find plants from around the world, including desert and tropical environments, in this indoor facility. Enjoy a Milwaukee Bucks or Brewers game and choose between close to 100 eateries in the downtown, where you'll also find loads of museums, theaters, ballet, art centers, and festivals.

Milwaukee is a great place to live. Innovative, thriving cities with reasonable housing prices are few and far between. The city has a history of forward-thinking government, a strong economy, and a blend of people from different walks of life who get along happily. The potential for success in this major city with 590,157 residents is endless. The possibility of achieving the American dream is even easier with the many attractive Milwaukee rent-to-own homes available to you.