Downtown Real Estate & Community Profile

Milwaukee neighborhood · Milwaukee County, Wisconsin

Downtown Milwaukee covers East Town, Westown and the Juneau Town and Yankee Hill areas on either side of the Milwaukee River. Residents live in high-rise and mid-rise condominiums, converted office and industrial buildings and a growing number of new apartment towers, within walking distance of the RiverWalk, Fiserv Forum, the lakefront and the Hop streetcar.

Downtown living appeals to people downsizing from a larger suburban home who want less maintenance and more to walk to. Condominium fees, parking arrangements and building amenities vary widely from one building to the next, so comparing a few buildings side by side is usually the best first step.

Downtown by the numbers

14,790
Population
$271,400
Median home value
$70,200
Median household income
$1,515/mo
Median gross rent
13.9%
Homes owner-occupied
29.5
Median age

According to the U.S. Census Bureau’s American Community Survey (2020–2024 5-year estimates), the Downtown Milwaukee neighborhood in Milwaukee County has approximately a population of 14,790. For anyone weighing Downtown real estate, the median value of an owner-occupied home is approximately $271,400, and 13.9% of occupied homes are lived in by their owners. Renters pay a median gross rent of approximately $1,515 a month, a useful benchmark when evaluating a duplex or other investment property here. Median household income is approximately $70,200, and the median age of residents is 29.5. Because the Census does not publish figures for this neighborhood on its own, these numbers combine the census tracts that make it up; medians are weighted averages.

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year Estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Homes for sale in Downtown

Property typeActive listingsPrice range
Single-family homes 13 $139,900 – $699,000
Condominiums 145 $107,900 – $2,975,000
Duplexes / two-family 7 $340,000 – $649,000
Multi-family 7 $499,000 – $7,750,000

Listing counts use the MLS city “Milwaukee” in ZIP codes 53202, 53203, 53233, which can include neighboring areas that share the mailing address.

Map of current listings

Property type

Official website: milwaukeedowntown.com