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 440
New
1 of 14 2655 N 24TH ST
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Rent To Own
Park West
Single Family Home
Milwaukee, WI 53206
4
2
0 ft2
1905
New
1 of 12 2472 W LLOYD ST
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Rent To Own
Midtown
Single Family Home
Milwaukee, WI 53205
4
1
1472 ft2
1890
4960 N 84TH ST
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Rent To Own
Long View
Single Family Home
Milwaukee, WI 53225
3
1
1302 ft2
1956
2622 N 20TH ST
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Rent To Own
North Division
Single Family Home
Milwaukee, WI 53206
4
2
1731 ft2
1895
2509 JILLS DR
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Rent To Own
Meadowbrook Heights
Single Family Home
Waukesha, WI 53188
3
2
1238 ft2
1999
8609 LAKESHORE DR
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Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
11214 E RIVIERA DR
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Rent To Own
 
Single Family Home
Spring Grove, IL 60081
5
4
3200 ft2
1998
1 of 49 1313 N FRANKLIN PL #1903
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Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
3
3
2578 ft2
2009
777 N PROSPECT AVE #205
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Rent to Own Eligible
Juneau Town
Single Family Home
Milwaukee, WI 53202
2
2
1108 ft2
1907
1 of 2 777 N PROSPECT AVE
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Rent to Own Eligible
Juneau Town
Single Family Home
Milwaukee, WI 53202
2
2
1770 ft2
1907
1 of 2 1707 N PROSPECT AVE
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Rent to Own Eligible
Lower East Side
Townhouse/Condo
Milwaukee, WI 53202
1
1
598 ft2
1967
New
1660 N PROSPECT AVE #2204
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Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
1
1
733 ft2
1990
1660 N PROSPECT AVE #908
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Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
1
1
640 ft2
1990
2981 S 60TH ST
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Rent to Own Eligible
Fairview
Single Family Home
Milwaukee, WI 53219
2
1
793 ft2
1952
1633 N PROSPECT AVE
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Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
2
2
1415 ft2
1982
New
1 of 72 2641 N Hackett Ave
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Rent to Own Eligible
Northpoint
Townhouse/Condo
Milwaukee, WI 53211
2
2
1212 ft2
1911
4860 S 87th Street
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Rent to Own Eligible
 
Single Family Home
Greenfield, WI 53220
3
2
0 ft2
2025
2133 S 61ST ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53219
6
2
600 ft2
1925
3457 S 87TH ST
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Rent to Own Eligible
Euclid Park
Single Family Home
Milwaukee, WI 53227
3
2
1208 ft2
1960
9624 W MORGAN AVE
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Rent to Own Eligible
West View
Single Family Home
Milwaukee, WI 53228
3
2
1032 ft2
1965
7400 W CLEVELAND AVE
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53219
4
2
1503 ft2
1940
1 of 28 8727 W Ohio STREET
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Rent to Own Eligible
Euclid Park
Single Family Home
Milwaukee, WI 53227
3
2
1133 ft2
1963
836 S 109TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53214
3
1
1301 ft2
1948
2053 S 90TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53227
3
1
1088 ft2
1926
New
1 of 25 3243 N SUMMIT AVE
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Rent to Own Eligible
Downer Woods
Single Family Home
Milwaukee, WI 53211
3
4
3877 ft2
1910
New
2709 E BELLEVIEW PL
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Rent to Own Eligible
Northpoint
Single Family Home
Milwaukee, WI 53211
4
4
3417 ft2
1915
1318 S 98TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53214
2
1
792 ft2
1915
8107 W NORWICH ST
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Rent to Own Eligible
Woodland Court
Single Family Home
Milwaukee, WI 53220
3
2
1275 ft2
1960
3457 S 61ST ST
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Rent to Own Eligible
Hawley Farms
Single Family Home
Milwaukee, WI 53219
2
1
672 ft2
1953
1 of 17 6632 W OKLAHOMA AVE
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Rent to Own Eligible
Fairview
Single Family Home
Milwaukee, WI 53219
2
1
811 ft2
1952
2912 S 105TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53227
3
1
1312 ft2
1954
2218 S 65TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53219
2
1
616 ft2
1925
3634 S 91ST ST
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Rent to Own Eligible
Morgan Heights
Single Family Home
Milwaukee, WI 53228
3
1
1181 ft2
1951
6100 W STONEHEDGE DR #162
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Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53220
2
2
1277 ft2
1975
2656 S 71ST ST
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Rent to Own Eligible
Fairview
Single Family Home
Milwaukee, WI 53219
2
2
1142 ft2
1949
218 N 71ST ST
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Rent to Own Eligible
Bluemound Heights
Single Family Home
Milwaukee, WI 53213
3
2
1817 ft2
1953
236 N 110TH PL
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Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53226
4
2
1410 ft2
1954
1 of 28 6147 W STACK CT
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Rent to Own Eligible
Fairview
Single Family Home
Milwaukee, WI 53219
5
2
1457 ft2
1955
1 of 13 8907 W MONTANA AVE
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53227
3
2
1204 ft2
1941
2359 S 94TH ST
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53227
2
1
906 ft2
1955
4900 S 67TH ST
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Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53220
4
2
1628 ft2
1950
New
3428 S 56TH ST
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Rent to Own Eligible
Lyons Park
Single Family Home
Milwaukee, WI 53219
3
2
1075 ft2
1953
8731 W MONTANA AVE
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Rent to Own Eligible
West Allis
Single Family Home
Milwaukee, WI 53227
3
2
1143 ft2
1941
8530 W Waterford Avenue
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Rent to Own Eligible
 
Single Family Home
Greenfield, WI 53228
2
2
930 ft2
1971
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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 2025 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 2025 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.