Milwaukee-Waukesha, WI skyline
Michael Barera · CC BY-SA 4.0

ZIP 53223

ZIP 53223 is in the Milwaukee-Waukesha, WI market. Market numbers below; the ZIP's rank is on the map.

Median cap rate
: 3.5%.
Median IRR
: 3.7%.
Median list price
: $400,000.
Appreciation
: 3.5%/yr .
Rent growth
: 2.8%/yr .
Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 53223