Market Snapshot | Milwaukee Q2 2025

Market Overview

In Q2 2025, Milwaukee’s multifamily market showed steady fundamentals. Year-to-date net absorption reached 1,600 units while completions stood at 2,000 units, reflecting a manageable supply-demand gap. Average asking rent climbed 2.1 percent year-over-year to reach $1,430, and occupancy held firm near 96.0 percent, demonstrating resilient renter demand even in a softening new construction environment.

About MMG

MMG Real Estate Advisors delivers multifamily market intelligence and capital strategy insights across major U.S. metros. Their detailed reports synthesize rental trends, occupancy, absorption metrics, and development pipelines, empowering investors, owners, and developers to assess market conditions and make informed decisions.