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
1 of 25 819 E LINCOLN AVE
Rent To Own
Bay View
Single Family Home
Milwaukee, WI 53207
3
1
982 ft2
1898
1 of 54 4960 N 84TH ST
Rent To Own
Long View
Single Family Home
Milwaukee, WI 53225
3
1
916 ft2
1956
2622 N 20TH ST
Rent To Own
North Division
Single Family Home
Milwaukee, WI 53206
4
2
1731 ft2
1895
2509 JILLS DR
Rent To Own
Meadowbrook Heights
Single Family Home
Waukesha, WI 53188
3
2
1238 ft2
1999
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
11214 E RIVIERA DR
Rent To Own
 
Single Family Home
Spring Grove, IL 60081
5
4
3200 ft2
1998
4232 N LAKE DR
Rent to Own Eligible
Village Of Shorewood
Single Family Home
Milwaukee, WI 53211
8
4
4596 ft2
1914
New
1 of 2 2021 N VEL R PHILLIPS AVE
Rent to Own Eligible
Halyard Park
Single Family Home
Milwaukee, WI 53212
3
2
1898 ft2
1990
New
1 of 25 1929 N Pierce St
Rent to Own Eligible
 
Townhouse/Condo
Milwaukee, WI 53212
2
2
1381 ft2
2001
New
270 E HIGHLAND AVE #642
Rent to Own Eligible
Juneau Town
Single Family Home
Milwaukee, WI 53202
2
2
980 ft2
1901
New
1 of 48 270 E HIGHLAND AVE
Rent to Own Eligible
Juneau Town
Townhouse/Condo
Milwaukee, WI 53202
2
2
1068 ft2
1901
New
1646 N WARREN AVE #A
Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
2
1
805 ft2
1910
2217 N BUFFUM ST
Rent to Own Eligible
Brewer's Hill
Single Family Home
Milwaukee, WI 53212
2
1
1033 ft2
1900
785 E KILBOURN AVE #1
Rent to Own Eligible
Juneau Town
Single Family Home
Milwaukee, WI 53202
2
4
3558 ft2
2008
1522 N PROSPECT AVE #201
Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
2
2
1571 ft2
2002
825 N PROSPECT AVE #601
Rent to Own Eligible
Juneau Town
Single Family Home
Milwaukee, WI 53202
2
3
3181 ft2
2007
830 N 23RD ST
Rent to Own Eligible
Avenues West
Single Family Home
Milwaukee, WI 53233
3
1
1540 ft2
1890
2467 W CHERRY ST
Rent to Own Eligible
Midtown
Single Family Home
Milwaukee, WI 53205
3
2
1654 ft2
1900
1619 N FARWELL AVE #301
Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
2
3
2062 ft2
2004
1141 N MARTIN L KING JR DR # 3002
Rent to Own Eligible
Kilbourn Town
Townhouse/Condo
Milwaukee, WI 53203
2
3
1853 ft2
2011
1633 N PROSPECT AVE #12C
Rent to Own Eligible
Lower East Side
Single Family Home
Milwaukee, WI 53202
2
1
936 ft2
1982
7101 W VILLARD AVE
Rent to Own Eligible
Hampton Heights
Single Family Home
Milwaukee, WI 53218
3
1
960 ft2
1954
8832 W DOUGLAS AVE
Rent to Own Eligible
Menomonee River Hills
Single Family Home
Milwaukee, WI 53225
3
1
877 ft2
1957
4597 N 60TH ST
Rent to Own Eligible
Lincoln Creek
Single Family Home
Milwaukee, WI 53218
3
1
2915 ft2
1953
Hot
1 of 5 5126 N 66TH ST
Rent to Own Eligible
Hampton Heights
Single Family Home
Milwaukee, WI 53218
6
3
3665 ft2
1953
5853 N 72ND ST
Rent to Own Eligible
Silver Spring
Single Family Home
Milwaukee, WI 53218
3
2
1215 ft2
1964
6304 6306 N 91ST ST
Rent to Own Eligible
Timmerman Airport
Single Family Home
Milwaukee, WI 53225
7
2
2432 ft2
1860
7935 W HERBERT AVE
Rent to Own Eligible
Long View
Single Family Home
Milwaukee, WI 53218
3
1
936 ft2
1955
New
4634 N 90TH ST
Rent to Own Eligible
Lindsay Park
Single Family Home
Milwaukee, WI 53225
3
1
1002 ft2
1955
New
1 of 7 5630 W CARMEN AVE
Rent to Own Eligible
Havenwoods
Single Family Home
Milwaukee, WI 53218
4
1
1040 ft2
1951
New
4168 N 71ST ST
Rent to Own Eligible
Capitol Heights
Single Family Home
Milwaukee, WI 53216
3
1
1064 ft2
1952
New
8708 W VILLARD AVE
Rent to Own Eligible
Valhalla
Single Family Home
Milwaukee, WI 53225
2
1
6594 ft2
1961
New
5680 N 60TH ST
Rent to Own Eligible
Havenwoods
Single Family Home
Milwaukee, WI 53218
4
1
1028 ft2
1953
106 W SEEBOTH ST #921
Rent to Own Eligible
 
Single Family Home
Milwaukee, WI 53204
1
1
941 ft2
2006
360 E BAY ST
Rent to Own Eligible
Bay View
Single Family Home
Milwaukee, WI 53207
1
2
1377 ft2
1900
2130 S 18TH ST
Rent to Own Eligible
Forest Home Hills
Single Family Home
Milwaukee, WI 53215
3
1
1151 ft2
1889
102 N WATER ST #611
Rent to Own Eligible
Historic Third Ward
Single Family Home
Milwaukee, WI 53202
1
1
893 ft2
2008
3674 S 35TH ST
Rent to Own Eligible
Mount Olivet
Single Family Home
Milwaukee, WI 53221
2
1
882 ft2
1940
106 W SEEBOTH ST
Rent to Own Eligible
 
Townhouse/Condo
Milwaukee, WI 53204
2
2
1874 ft2
2006
3344 S NEW YORK AVE
Rent to Own Eligible
Fernwood
Single Family Home
Milwaukee, WI 53207
4
2
2852 ft2
1913
2325 S 15TH PL
Rent to Own Eligible
Lincoln Village
Townhouse/Condo
Milwaukee, WI 53215
5
1
1723 ft2
1890
234 N BROADWAY
Rent to Own Eligible
 
Townhouse/Condo
Milwaukee, WI 53202
1
1
762 ft2
1893
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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.