How Much Rent Can You Afford in Milwaukee, WI?
To comfortably afford a 1-bedroom in Milwaukee ($1,200/month), you need to earn at least $61,000/year ($29/hr).
$
Your take-home: $3,971/month
Max affordable rent: $1,191/month
Based on 30% of take-home pay (after taxes)
| Size | Avg Rent | % Income | Verdict |
|---|---|---|---|
| Studio | $936 | 23.6% | Comfy |
| 1-Bedroom | $1,200 | 30.2% | Tight |
| 2-Bedroom | $1,500 | 37.8% | Stretch |
| 3-Bedroom | $1,872 | 47.1% | No |
After paying rent on a 1-BR ($1,200), you’d have $2,771/month left for everything else.
Affordability at Every Income Level
| Salary | Take-Home/mo | Max Rent | 1BR ($1,200) |
|---|---|---|---|
| $25,000 | $1,760 | $528 | 68.2% |
| $30,000 | $2,080 | $624 | 57.7% |
| $35,000 | $2,396 | $719 | 50.1% |
| $40,000 | $2,713 | $814 | 44.2% |
| $45,000 | $3,029 | $909 | 39.6% |
| $50,000 | $3,345 | $1,004 | 35.9% |
| $55,000 | $3,659 | $1,098 | 32.8% |
| $60,000 | $3,971 | $1,191 | 30.2% |
| $65,000 | $4,271 | $1,281 | 28.1% |
| $70,000 | $4,542 | $1,363 | 26.4% |
| $75,000 | $4,813 | $1,444 | 24.9% |
| $80,000 | $5,084 | $1,525 | 23.6% |
| $100,000 | $6,169 | $1,851 | 19.5% |
| $125,000 | $7,513 | $2,254 | 16% |
| $150,000 | $8,826 | $2,648 | 13.6% |
Single filer, 2025 tax brackets, 30% rule applied to take-home pay.
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