Market Snapshot Milwaukee Q1 2025

Market Overview

Milwaukee’s multifamily market held steady in Q1 2025, with occupancy rates remaining above 94% and average rents rising modestly across most submarkets. The metro continues to benefit from its strong manufacturing base and expanding healthcare and education sectors, which are major drivers of renter demand. Suburban nodes like Waukesha and Brookfield remain particularly resilient, fueled by steady in-migration and demand for workforce housing. New deliveries have slowed, allowing supply and demand to rebalance across the region.

About MMG

MMG provides multifamily investors with no-fluff reporting grounded in data and submarket performance. Their Milwaukee report distills rent trends, construction activity, and demand indicators into actionable insights. Known for prioritizing clarity and decision-useful context, MMG’s platform supports both institutional and mid-market investors across the Midwest and beyond.

‍