US5.com
  1. Home
  2. States
  3. Wisconsin
  4. ZIP 53211
  5. Housing & Real Estate
Milwaukee city, WI

ZIP 53211 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 53211

Median Home Value
$413,500
Median Rent
$1,138
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,656/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

30.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 53211 in Milwaukee city, WI, a household would need roughly $114,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,656. That is about 50% above the local median household income ($76,206), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
40.8%-38% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
8.4%-35% vs US avg
x
Built Post-2014
0.0%-99% vs US avg
x
Rent Burden >30%
26.0%-48% vs US avg
x
Mortgage-Free
32.9%-14% vs US avg
x
$413,500
Home Value
$1,138
Rent
1938
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached33.1%
  • 1-unit attached3.8%
  • 2-9 units29.6%
  • 10+ units33.1%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$413,500
Median rent$1,138
Owner-occupied40.8%
Vacant6.8%
Price-to-income5.4x
Est. income to buy$114,000