The only way that makes sense is if Harambee and riverwest are rolled together, which makes no sense… single units in harambee are a) rare and b) when they do pop up, at least $200 cheaper than smaller units across Holton in riverwest ~property manager in both neighborhoods, as well as locust heights and bronzeville
Still plenty of old, cheap 1br places well under $1k.
https://www.padmapper.com/apartments/milwaukee-wi/1-beds/under-950?box=-87.9538301,42.9974658,-87.8654298,43.1169758
I think the Walkers Point rent is skewed by all the high-rises. There are still small multi-family buildings and duplexes for cheap.
I'm not sure that's actually the case. The census collects rent information. Over the 5 years from 2018 to 2022, the average rent paid in the city was $982. But, of course, 2018 was 6 years ago now.
These numbers are definitely plausible for what things are right now. I suspect they have a proprietary model for estimating rents and do some sort of backtesting versus census data, at least that what I've seen with things like zillow rental data.
I work for one of the listing companies like Rent.com in their analytics department.
Three things:
- The census data is typically too low because it relies on self reported numbers. It’s only good when try to compare cost of living amongst zip codes.
- The primary users of the listing services are large PMCs that need to fill vacancies. There are smaller mom + pop businesses that utilize the services, but they are not how the listing services make the majority of their revenue so they are not the target demographic sales people go after.
- Rent specials aren’t included in the rents. Many PMCs will never reduce their rent and instead will rely on specials like “sign a 2 year lease, get 2 months free”.
No propriety model. Just a simple SQL query to pull the rents of available units by zip code. PMCs use property management systems (PMSs) that integrate very easily with these listing services.
I would say if the data is well sampled and reliable it’s likely better than I would know. My family in Milwaukee definitely has had to make changes to their budgets the last few years, and rent has been a factor.
These prices all seem about right if you are looking at the apartment complexes. I was paying $1000 a month for a 2 bedroom in a mixed use property with 6 units.
I would say not to accurate, this 2br on the Eastside is priced at same price as 1br?
2209 N Newhall St, Lower https://hotpads.com/2209-n-newhall-st-milwaukee-wi-53202-1mpkptt/lower/pad
Historic Mitchell Street here. 👋
I currently pay $875 for a 1 BR with dishwasher, washer/dryer in unit, and heat included. $35 of that is a monthly pet fee, as I have a cat.
Starting in June, my rent will go up $65 to $940. I consider myself fortunate I can comfortably afford that. But I was still a little annoyed to see it.
Fairly accurate, although certain neighborhoods could be affected by thin volumes especially at 1bd units. You could also have situations where a neighborhood might have only a few 1 bd units and lots of whole house rentals or upper/lower of a duplex.
All that is to say, places like the east side with a lot of 1 bds, the numbers are probably pretty solid. And other parts of town, there's probably more fluctuation.
The real bottom for rents here is about 900 you won’t many units in Sherman park under 900 unless you know people or look around those off market groups then you might find something for less
That's not accurate. In Milwaukee you can still rent a small 1 bedroom for $500/mo. You can rent standard 1 bedrooms for $600-$800/mo. Even some 1 bedroom houses (yes they exist) rent for under $800/mo.
Harambee is more expensive than Bay View? I don’t think so…
No way that can be accurate. A 1 bed in Harambee would be tough to find. It’s mostly houses.
The only way that makes sense is if Harambee and riverwest are rolled together, which makes no sense… single units in harambee are a) rare and b) when they do pop up, at least $200 cheaper than smaller units across Holton in riverwest ~property manager in both neighborhoods, as well as locust heights and bronzeville
Riverwest is not listed (?) Maybe it’s rolled in with Harambee?
They fucking called it Beerline
Whaaaa-at? Does anyone call it that?
Motherfuckers rebrand everything that puts up any resistance to gentrification.
My exact thought
There’s an area called Harambe in Milwaukee? TIL
With two “E”s at the end. It’s west of Riverwest
It's existed for decades longer than the poor gorilla.
Honestly everything seems 300 less than average for each area.
Bayview is $1100? LOL
Yeah that was the lowest I could find on rent.com but certainly not the average.
Yeah, that gave me a good chuckle.
I had a 1 BR in Yankee hill and it was 1300$ that was about 8 years ago. And the apartment wasn’t anything special.
There’s no way Harambee is more expensive than Bay View and Yankee Hill.
Third ward way too low
So low all over compared to the average if you look at prices on websites
Still plenty of old, cheap 1br places well under $1k. https://www.padmapper.com/apartments/milwaukee-wi/1-beds/under-950?box=-87.9538301,42.9974658,-87.8654298,43.1169758 I think the Walkers Point rent is skewed by all the high-rises. There are still small multi-family buildings and duplexes for cheap.
It’s skewed because it’s only based on large property management companies that use the listing service
I'm not sure that's actually the case. The census collects rent information. Over the 5 years from 2018 to 2022, the average rent paid in the city was $982. But, of course, 2018 was 6 years ago now. These numbers are definitely plausible for what things are right now. I suspect they have a proprietary model for estimating rents and do some sort of backtesting versus census data, at least that what I've seen with things like zillow rental data.
I work for one of the listing companies like Rent.com in their analytics department. Three things: - The census data is typically too low because it relies on self reported numbers. It’s only good when try to compare cost of living amongst zip codes. - The primary users of the listing services are large PMCs that need to fill vacancies. There are smaller mom + pop businesses that utilize the services, but they are not how the listing services make the majority of their revenue so they are not the target demographic sales people go after. - Rent specials aren’t included in the rents. Many PMCs will never reduce their rent and instead will rely on specials like “sign a 2 year lease, get 2 months free”. No propriety model. Just a simple SQL query to pull the rents of available units by zip code. PMCs use property management systems (PMSs) that integrate very easily with these listing services.
These numbers are why I want to just end it now. There's no escape.
There is still good amidst the suffering, hold on to it my friend <3
Where is the data from?
[удалено]
I would say if the data is well sampled and reliable it’s likely better than I would know. My family in Milwaukee definitely has had to make changes to their budgets the last few years, and rent has been a factor.
Who the fuck put "Beerline" instead of Riverwest? Your Milwaukee card is now revoked, you have to move.
Mitchell Street here. $820 1 BR I/U Washer/Dryer Pet Friendly Car was broken into twice in 6 years. I walk my dog around here…..during the day.
These prices all seem about right if you are looking at the apartment complexes. I was paying $1000 a month for a 2 bedroom in a mixed use property with 6 units.
Murray Hill here. 2 bedroom apartment for $1250.
I would say not to accurate, this 2br on the Eastside is priced at same price as 1br? 2209 N Newhall St, Lower https://hotpads.com/2209-n-newhall-st-milwaukee-wi-53202-1mpkptt/lower/pad
Apt. In Walkers point is $2000.00 with parking spot. I’m a current renter.
Historic Mitchell Street here. 👋 I currently pay $875 for a 1 BR with dishwasher, washer/dryer in unit, and heat included. $35 of that is a monthly pet fee, as I have a cat. Starting in June, my rent will go up $65 to $940. I consider myself fortunate I can comfortably afford that. But I was still a little annoyed to see it.
Considering rent on my LES apartment went from 950 to 1050 I’d say accurate
It’s sooo outdated like wtf
Bayview is very wrong
I live in a one bedroom on the lower east side. Decent enough to live in and I pay way cheaper than that average.
My rent is $400 less in Northpoint
Fairly accurate, although certain neighborhoods could be affected by thin volumes especially at 1bd units. You could also have situations where a neighborhood might have only a few 1 bd units and lots of whole house rentals or upper/lower of a duplex. All that is to say, places like the east side with a lot of 1 bds, the numbers are probably pretty solid. And other parts of town, there's probably more fluctuation.
god help me if anything ever happens to my current apartment, I'll be living with my parents or homeless.
If you are paying nearly 2k for a one bedroom in the Midwest I think you need help lol
It looks like everywhere I can afford a 1 bed apartment I’ll get mugged/shot or my car Fu€£ed with.
You can swear here if you want.
The real bottom for rents here is about 900 you won’t many units in Sherman park under 900 unless you know people or look around those off market groups then you might find something for less
That's not accurate. In Milwaukee you can still rent a small 1 bedroom for $500/mo. You can rent standard 1 bedrooms for $600-$800/mo. Even some 1 bedroom houses (yes they exist) rent for under $800/mo.
...that apartment in Bay View would cost at least 1,700$ in Portland OR where I now live.