Milwaukee, WI housing shortage is driving rents

Milwaukee, WI housing shortage is driving rents

Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes

Milwaukee is suffering from a chronic housing shortage with no solution in sight. We simply have more people than roofs and very little new construction. The result has been an increasingly competitive housing and rental market that is driving both home prices and rents to new record heights.

We have put together a YouTube video with the latest data on Milwaukee rent increases, a survey of local landlords about their plans to increase rents in 2024 and some arguments to consider before raising rents.

Let me know what else you want to know about investing in Milwaukee!

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  • Real Estate Investor · Milwaukee, WI · Member since 2017 · 25 posts · 9 votes
    2y

    Yeah, rents are out of control. I wanted to move out of a group home here in Milwaukee. But, it's the only game in town with such affordable rates that I can afford on SSI right now. I am very thankful to my landlords for that fact.

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