Milwaukee apartment rents expected to climb
The opening of 1,000 new apartments in the Milwaukee area this year will slightly boost vacancy rates, but rental rates are expected to grow 4 percent, reaching $934 a month by yearÃ¢;Â€Â™s end, according to Marcus & Millichap.
Overall, the apartment market got positive reviews from the companyÃ¢;Â€Â™s report for the second quarter of 2013.
Employment in Milwaukee is expected to rise, generating people to fill apartments. But vacancies are to increase to 3.5 percent, which is still a low number. ThereÃ¢;Â€Â¦;