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 300 Milwaukee, WI rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
1 of 25 819 E Lincoln Ave
3 Beds, 1 Bath
Rent To Own
Bay View
Single Family Home
Milwaukee, WI 53207
982 Sqft | Built in 1898
1 of 11 4466 N 25th St
3 Beds, 1 Bath
Rent To Own
Garden Homes
Single Family Home
Milwaukee, WI 53209
1,172 Sqft | Built in 1923
1 of 46 3204 S Pennsylvania Ave
4 Beds, 2 Baths
Rent To Own
Fernwood
Townhouse/Condo
Milwaukee, WI 53207
1,862 Sqft | Built in 1923
New
1 of 8 1920 W Melvina St
4 Beds, 2 Baths
Rent To Own
Arlington Heights
Townhouse/Condo
Milwaukee, WI 53206
1,977 Sqft | Built in 1910
New
1 of 18 2472 W Lloyd St
4 Beds, 1 Bath
Rent To Own
Midtown
Single Family Home
Milwaukee, WI 53205
1,248 Sqft | Built in 1890
Hot New
1 of 3 1114 S 17th St
5 Beds, 2 Baths
Rent To Own
Clarke Square
Townhouse/Condo
Milwaukee, WI 53204
1,783 Sqft | Built in 1885
2509 Jills Dr
3 Beds, 2 Baths
Rent To Own
Meadowbrook Heights
Single Family Home
Waukesha, WI 53188
1,646 Sqft | Built in 1999
6328 49th Ave
3 Beds, 1 Bath
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
960 Sqft | Built in 1953
Rent to own homes offer low monthly payments and flexible terms
8609 Lakeshore Dr
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Lakeshore, WI 53158
2,027 Sqft | Built in 2017
11214 E Riviera Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Spring Grove, IL 60081
2,598 Sqft | Built in 1998
1 of 21 3302 S 53rd St
4 Beds, 2.5 Baths
Rent To Own
Lyons Park
Single Family Home
Milwaukee, WI 53219
1,797 Sqft | Built in 1957
1 of 37 2173 S 71st St
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Milwaukee, WI 53219
1,483 Sqft | Built in 1927
1 of 71 4915 Sussex Ln
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Greendale, WI 53129
1,566 Sqft | Built in 1968
1 of 6 9508 N Sequoia Dr
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Bayside, WI 53217
3,178 Sqft | Built in 1969
1 of 11 413 N 2nd St Unit 410
2 Beds, 2 Baths
Rent To Own
Kilbourn Town
Townhouse/Condo
Milwaukee, WI 53203
1,278 Sqft | Built in 1894
1 of 4 4839 W Fillmore Dr
2 Beds, 1 Bath
Rent To Own
Jackson Park
Single Family Home
Milwaukee, WI 53219
838 Sqft | Built in 1954
1 of 25 1920 N Farwell Ave Apt 202
2 Beds, 2.5 Baths
Rent To Own
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
1,755 Sqft | Built in 2001
1 of 16 5712 N Kent Ave
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Whitefish Bay, WI 53217
2,534 Sqft | Built in 1934
1 of 16 3174 S Lenox St
4 Beds, 1 Bath
Rent To Own
Bay View
Single Family Home
Milwaukee, WI 53207
1,430 Sqft | Built in 1892
1 of 7 7165 N 48th St
3 Beds, 1.5 Bath
Rent To Own
Town & Country Manor
Single Family Home
Milwaukee, WI 53223
1,161 Sqft | Built in 1964
Hot
6956 N Raintree Dr Unit C
2 Beds, 1.5 Bath
Rent To Own
Wyrick Park
Townhouse/Condo
Milwaukee, WI 53223
954 Sqft | Built in 1974
4650 S 38th St
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Milwaukee, WI 53221
2,178 Sqft | Built in 1975
1 of 20 2720 S 84th St
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
West Allis, WI 53227
1,155 Sqft | Built in 1940
Hot
1 of 14 7124 W Hadley St
3 Beds, 1 Bath
Rent To Own
Enderis Park
Single Family Home
Milwaukee, WI 53210
1,683 Sqft | Built in 1939
1 of 10 9029 W Hawthorne Ln
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Franklin, WI 53132
1,414 Sqft | Built in 1965
1 of 9 6906 W Brunn Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Franklin, WI 53132
2,236 Sqft | Built in 1996
1 of 19 13605 W Montana Ave
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
New Berlin, WI 53151
1,747 Sqft | Built in 1956
1 of 6 5835 Foxhaven Ct
4 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
New Berlin, WI 53151
4,200 Sqft | Built in 2004
1 of 40 3585 S Mcintosh Ln
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
New Berlin, WI 53151
2,650 Sqft | Built in 1994
1 of 18 14845 Jolenta Ln
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Elm Grove, WI 53122
1,749 Sqft | Built in 2007
1 of 43 4605 W Sharon Ln
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Franklin, WI 53132
2,366 Sqft | Built in 1997
1 of 23 4455 S Sovereign Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
New Berlin, WI 53151
1,851 Sqft | Built in 1979
1 of 20 15150 Briar Ridge Ct
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Elm Grove, WI 53122
2,639 Sqft | Built in 1975
1 of 18 N92w20233 Foxview Ct
5 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Menomonee Falls, WI 53051
3,337 Sqft | Built in 2017
1 of 21 6913 Revere Rd
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Racine, WI 53402
988 Sqft | Built in 1971
1 of 17 3938 Scenic Way
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Franksville, WI 53126
1,722 Sqft | Built in 2008
1 of 35 3664 Lakeview Road W
3 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hubertus, WI 53033
4,000 Sqft | Built in 1990
1 of 33 W238n5919 Essex Cir
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Sussex, WI 53089
2,074 Sqft | Built in 1994
1 of 41 W245n5096 Maris Court
4 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Sussex, WI 53089
2,190 Sqft | Built in 1994
1 of 28 1400 Gabriel Dr Unit 3
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Waukesha, WI 53188
1,894 Sqft | Built in 2005
1 of 35 401 S Cottrell Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Saukville, WI 53080
Built in 1998
1 of 51 1015 River Park Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Waukesha, WI 53189
2,644 Sqft | Built in 2001
1 of 20 3031 Walden Cir
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Waukesha, WI 53188
3,362 Sqft | Built in 1990
1 of 81 2927 Tanglewood Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Waukesha, WI 53189
1,959 Sqft | Built in 2002
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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 2022 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 2022 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.

Milwaukee, WI Frequently Asked Questions

Milwaukee, WI has a walk score of

Milwaukee, WI has a bike score of

The state tax rate is 3.54 to 7.65% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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