BRRRR Investing in Milwaukee, WI

BRRRR Score: 4.7/10Ranked #22 of 52 markets

Data-driven brrrr analysis for Milwaukee, WI — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

BRRRR Score:4.7
Cap Rate(30%)
6.7%4.4
Affordable Entry Price(25%)
$175,0008.3
Rent-to-Price Ratio(25%)
0.66%3.9
Population Growth(20%)
-0.5%1.8

Key Metrics for BRRRR

Median Price

$175,000

Affordable

Cap Rate

6.7%

Good

Rent-to-Price

0.66%

Post-refi cash flow indicator

Pop. Growth

-0.5%

5-year trend

BRRRR Investment Thesis

Milwaukee offers affordable entry points near a major metro, but some of the highest property taxes in the nation. Focus on the east side and Bay View for the best rent-to-price dynamics.

How Milwaukee Compares

RankCityBRRRR ScoreCap RateMedian Price
#17Pittsburgh, PA4.97.2%$180,000
#18Cincinnati, OH4.97.0%$195,000
#19Des Moines, IA4.96.6%$200,000
#20Houston, TX4.76.3%$265,000
#21Charlotte, NC4.75.6%$340,000
#22Milwaukee, WI4.76.7%$175,000
#23Baltimore, MD4.66.5%$180,000

Showing markets ranked near Milwaukee for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,150/mo)$13,800
Less: Vacancy (8.2%)-$1,132
Less: Property Tax (2.53%)-$4,428
Less: Insurance (~0.5%)-$875
Less: Maintenance (~1.5%)-$2,625
Estimated NOI$4,740
Implied Cap Rate2.7%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the brrrr score for Milwaukee, WI?

Milwaukee, WI scores 4.7 out of 10 on our brrrr score, ranking #22 out of 52 markets we track. Weighted composite: cap rate (30%), affordable entry price (25%), rent-to-price ratio (25%), population growth (20%). Scale 0–10.

Is Milwaukee a good city for brrrr investing?

Milwaukee, WI ranks #22 for brrrr investing — a solid mid-tier market with a score of 4.7/10. The median home price is $175,000 with a 6.7% average cap rate.

What is the average cap rate in Milwaukee?

The average cap rate in Milwaukee, WI is 6.7%. The median home price is $175,000 with a median monthly rent of $1,150, resulting in a rent-to-price ratio of 0.66%.

What are the property taxes in Milwaukee?

The effective property tax rate in Milwaukee, WI is 2.53%. On a $175,000 property, that translates to approximately $4,427 per year in property taxes.

How does Milwaukee compare to other brrrr markets?

Among our 52 tracked markets, Milwaukee, WI ranks #22 for brrrr investing. It falls in the middle of the pack for this strategy.

What is the typical entry price for BRRRR deals in Milwaukee?

The median home price in Milwaukee, WI is $175,000. Distressed BRRRR-eligible properties typically sell for 60-70% of median value, putting estimated acquisition costs around $113,750. After rehab, the goal is to refinance at or near the full $175,000 after-repair value.

Run Your Own Numbers for Milwaukee

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