Milwaukee Market Ranked Top 10 Most Competetive Rental Markets in 2025!- Thoughts?

Question

What are your thoughts on the order of this list?

Jay Hinrichs · Answer

competitive in what context ?

Shawn Ackerman · Answer

@Clare Pitcher Thanks for sharing! @Jay Hinrichs Finally Milwaukee is getting some respect LOL!!!!

Marcus Auerbach · Answer

This is the rental competitiveness score report from rentcafe. Last year Milwaukee was ranked #3 in the US, now it's ranked #10. We have a chronic housing shortage in Milwaukee regardless of renting or owning, there are not enough roofs. Redfin ranked Milwaukee as the hottest market in the US in Feb with a 20% increase in median sales price.

https://www.rentcafe.com/blog/rental-market/market-snapshots...

I think the reason we have slipped from #3 to #10 during the winter months is the seasonal slowdown in turn over: most leases have an end date outside Nov-March. My prediction is we will be in the top 5 again by summer.

@Clare Pitcher thanks for posting, I had not seen the new one. Do you guys already feel spring picking up?

Clare Pitcher · Answer

Thanks for the insights and background. Yes, we have seen a big surge in March on both the owners and resident side. Weather for sure has a big part to play as well as renewal/ leasing season coming up.

Gregory Chadwell · Answer

What is the source of the graphic?

Clare Pitcher · Answer

Rentcafe: https://www.rentcafe.com/blog/rental-market/market-snapshots...

Clare Pitcher · Answer

Based off of the factors listed in the graph: average vacancy days, occupied apartments, prospective renters, lease renewal rates, etc.

Milwaukee Market Ranked Top 10 Most Competetive Rental Markets in 2025!- Thoughts?

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