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Housing market/Wisconsin/ZIP 53212

ACS 2023 · FY2027 SAFMR

ZIP 53212 Milwaukee, Wisconsin

Milwaukee-Waukesha, WI MSA · Wisconsin. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
29,099
Households
13,603
Median HH income
$42,679
Renter share
67.6%
Median gross rent
$1,038
Vacancy
13.6%
Pop. change
-5.9%
2BR SAFMR
$1,240
SAFMR / rent
1.195×
2–49 unit stock
8,903
LIHTC proj / units
33 / 1,407
HUD assisted MF
9 / 384

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 53212 · WI — sent to you.

ZIP 53212 · WI

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ACS rent vs 2BR SAFMR

ZIP 53212 — Milwaukee, WI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,038
2BR SAFMR$1,240
90% floor$1,116
110% ceiling$1,364

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 53212

  • 1-unit detached3,98625.3%
  • 1-unit attached6223.9%
  • 2–4 units6,72842.7%
  • 5–49 units2,17513.8%
  • 50+ units2,14813.6%
  • Mobile900.6%
TypeUnitsShare
1-unit detached3,98625.3%
1-unit attached6223.9%
2 units (duplex)5,18632.9%
3–4 units1,5429.8%
5–9 units6324.0%
10–19 units4793.0%
20–49 units1,0646.8%
50+ units2,14813.6%
Mobile900.6%

2–4 unit share 42.7% · 5–49 unit share 13.8% · combined 2–49 56.5%.

Units by bedrooms

Studio
542
1BR
3,417
2BR
6,336
3BR
3,484
4BR
1,578
5+
392

Rent burden

Rent ≥30% of income50.5%
Rent ≥50% of income24.6%
  • ACS median gross rent $1,038 (all bedrooms, occupied rentals).
  • Median contract rent $847.
  • Renters paying ≥30% of income 50.5%; ≥50% 24.6%.
  • FY2027 2BR SAFMR $1,240 (1.195× ACS median gross rent).

Population

29,099 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 33 projects, 1,407 units.
  • HUD project-based assisted MF: 9 properties, 384 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 846 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 53212 67.6% of occupied households are renters; vacancy is 13.6%; ACS median gross rent is $1,038; population changed -5.9% between the 2018 and 2023 ACS vintages; the housing stock includes 6,728 units in 2–4-unit structures and 2,175 units in 5–49-unit structures; 33 LIHTC projects totaling 1,407 units; FY2027 2BR SAFMR is $1,240 versus ACS median gross rent of $1,038. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Wisconsin research

ZIP 53212 is a Census / HUD profile for Milwaukee-Waukesha, WI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 53212 — Milwaukee, WI HUD Section 8 Payment Standards / SAFMR·Wisconsin ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
53005Milwaukee-Waukesha, WI MSA15.4%$1,810$1,89053007Milwaukee-Waukesha, WI MSA51.8%$937$1,21053008Milwaukee-Waukesha, WI MSA——$1,47053012Milwaukee-Waukesha, WI MSA25.0%$1,059$1,21053017Milwaukee-Waukesha, WI MSA2.2%—$1,53053018Milwaukee-Waukesha, WI MSA22.9%$1,492$1,76053022Milwaukee-Waukesha, WI MSA24.6%$1,315$1,48053024Milwaukee-Waukesha, WI MSA33.0%$1,124$1,28053029Milwaukee-Waukesha, WI MSA20.9%$1,126$1,30053033Milwaukee-Waukesha, WI MSA3.3%$1,607$1,72053037Milwaukee-Waukesha, WI MSA25.6%$1,128$1,30053045Milwaukee-Waukesha, WI MSA23.9%$1,867$1,890

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Wisconsin research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 53212?

ZIP 53212 (Milwaukee-Waukesha, WI MSA) has 29,099 residents, 13,603 households, a renter share of 67.6%, median household income of $42,679, and ACS 2023 median gross rent of $1,038. Vacancy is 13.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53212?

ACS counts 5,186 units in 2-unit buildings, 1,542 in 3–4 unit buildings, 632 in 5–9, 479 in 10–19, and 1,064 in 20–49. Combined 2–49 unit stock is 8,903 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53212?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,240. See the full schedule and 90–110% payment-standard band on the ZIP 53212 — Milwaukee, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53212 is Census / HUD research for Milwaukee-Waukesha, WI MSA. Jeff Crowe CRE does not list Wisconsin property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.