Cheapest ZIP codes in the Milwaukee area
Typical home value, September 2026 · Zillow ZHVI (Sep 2026) · updated 2026-11-15
ZIP code 53206 (North Division, Milwaukee, WI) has the lowest typical home value of the 78 ZIP codes ranked in the Milwaukee area: $92,447, 76% below the figure for the metro area as a whole ($384,000).
The 10 lowest run from $92,447 to $221,000; the highest of all 78 is $729,000, 7.9 times the lowest.
27 of the 78 ZIP codes are below the U.S. typical home value of $366,000; the median ZIP code in the Milwaukee area is at $413,000.
Cheapest ZIP codes in the Milwaukee area: the first 30 of 78
| Rank | ZIP code | Typical home value | Home values, 1-year change | Typical rent (monthly) |
|---|---|---|---|---|
| 1 | 53206North Division, Milwaukee, WI | $92,447 | +13.0% | $994 |
| 2 | 53205Midtown, Milwaukee, WI | $155,000 | +2.4% | $1,521 |
| 3 | 53204Walker's Point, Milwaukee, WI | $159,000 | +4.4% | $1,503 |
| 4 | 53209Old North Milwaukee, Milwaukee, WI | $165,000 | +3.8% | $1,458 |
| 5 | 53218Silver Spring, Milwaukee, WI | $166,000 | +3.5% | $1,301 |
| 6 | 53210Sherman Park, Milwaukee, WI | $167,000 | +0.8% | $1,206 |
| 7 | 53216Dineen Park, Milwaukee, WI | $172,000 | +2.8% | $1,268 |
| 8 | 53233Menomonee River Valley, Milwaukee, WI | $187,000 | −2.6% | $1,106 |
| 9 | 53212Riverwest, Milwaukee, WI | $212,000 | +0.8% | $1,227 |
| 10 | 53215Layton Park, Milwaukee, WI | $221,000 | +2.5% | $1,072 |
| 11 | 53223Menomonee River Hills East, Milwaukee, WI | $230,000 | +4.7% | $1,650 |
| 12 | 53208Washington Heights, Milwaukee, WI | $232,000 | +2.3% | $1,302 |
| 13 | 53225Timmerman West, Milwaukee, WI | $235,000 | +2.9% | $1,230 |
| 14 | 53224North Granville, Milwaukee, WI | $242,000 | +3.9% | $1,398 |
| 15 | 53214Fair Park, West Allis, WI | $257,000 | +4.4% | $1,476 |
| 16 | 53222Mount Mary, Milwaukee, WI | $264,000 | +4.6% | $1,404 |
| 17 | 53219Jackson Park, Milwaukee, WI | $270,000 | +3.9% | $1,371 |
| 18 | 53235Saint Francis, WI | $281,000 | −0.6% | $1,460 |
| 19 | 53110Cudahy, WI | $287,000 | +5.7% | $1,464 |
| 20 | 53221Mitchell West, Milwaukee, WI | $289,000 | +3.7% | $1,238 |
| 21 | 53227Euclid Park, West Allis, WI | $294,000 | +4.6% | – |
| 22 | 53220Honey Creek Manor, Greenfield, WI | $297,000 | +5.3% | $1,690 |
| 23 | 53007Butler, WI | $302,000 | +10.5% | – |
| 24 | 53207Mitchell Field, Milwaukee, WI | $303,000 | +2.5% | $1,714 |
| 25 | 53172South Milwaukee, WI | $304,000 | +3.9% | $1,148 |
| 26 | 53228Morgan Heights, Greenfield, WI | $357,000 | +4.7% | – |
| 27 | 53202Lower East Side, Milwaukee, WI | $362,000 | −2.4% | $1,912 |
| 28 | 53186Waukesha, WI | $368,000 | +6.4% | $1,378 |
| 29 | 53090West Bend, WI | $370,000 | +7.0% | – |
| 30 | 53129Greendale, WI | $383,000 | +5.4% | – |
- Under $270k
- $270k–$390k
- $390k–$440k
- $440k–$540k
- $540k+
- Not ranked
More rankings for the Milwaukee area
- Most expensive ZIP codes
- Where home prices are rising fastest
- Cheapest rent by ZIP code
- Highest rent by ZIP code
- Where rents are rising fastest
- Richest ZIP codes (household income)
- Cheapest suburbs
- Most expensive suburbs
- Richest suburbs (household income)
- Largest suburbs (population)
- Milwaukee metro area: all figures
Cheapest ZIP codes in other metro areas
- New York, NY
- Los Angeles, CA
- Chicago, IL
- Dallas, TX
- Houston, TX
- Atlanta, GA
- Washington, DC
- Miami, FL
- Philadelphia, PA
- Phoenix, AZ
- Boston, MA
- Riverside, CA
- San Francisco, CA
- Detroit, MI
- Seattle, WA
- Minneapolis, MN
- Tampa, FL
- San Diego, CA
- Denver, CO
- Orlando, FL
- Charlotte, NC
- Baltimore, MD
- St. Louis, MO
- San Antonio, TX
- Austin, TX
- Portland, OR
- Sacramento, CA
- Pittsburgh, PA
- Las Vegas, NV
- Cincinnati, OH
- Kansas City, MO
- Columbus, OH
- Indianapolis, IN
- Nashville, TN
- Cleveland, OH
- San Jose, CA
- Virginia Beach, VA
- Jacksonville, FL
- Providence, RI
- Raleigh, NC
- Oklahoma City, OK
- Louisville, KY
- Richmond, VA
- Memphis, TN
- Salt Lake City, UT
- Fresno, CA
- Birmingham, AL
- Grand Rapids, MI
- Buffalo, NY
Source and method
Typical home value: Zillow ZHVI (Sep 2026); figures for September 2026. ZIP codes with at least 1,000 residents and a published figure are ranked (78 of them in the Milwaukee area). The metro area is the Milwaukee-Waukesha, WI metropolitan statistical area. Place names for ZIP codes are the neighborhood or city the ZIP code mostly covers. Compiled by Home Economics.
Zillow's "typical" home value and rent are index values for the middle of the market (the Zillow Home Value Index and Observed Rent Index), not median sale prices or asking rents. One-year changes are over the 12 months to September 2026. Income and population come from the Census Bureau's American Community Survey and carry sampling error, most of all in small places.