Looking For an Apartment in Milwaukee, Wisconsin That Approves With Bad Credit Or a Broken Lease?
By Jimmy Jamm
Milwaukee is a large city with a strong cultural backbone. This attractive city in Wisconsin has been a center of business and culture for decades, giving such notables as Milwaukee beer and much more. The city teems with new life in the form of colleges and recently opened businesses. This naturally attracts visitors and immigrants from other states not to mention other smaller cities within Wisconsin. Area apartments therefore are in hot demand. One standard procedure when applying to lease an apartment in Milwaukee is that you have to have credit that is acceptable. If you have bad credit or your rental history involves a broken lease, there is a high probability you will get denied. But this should not discourage you. There are some apartments within the metropolis that can work with applicants whose credit is damaged.
- Arlington Heights
- Franklin Heights
- Metcalfe Park and more...
People in Milwaukee who are looking for apartments which approve tenants with bad credit or a broken lease report one major frustration; these types of rental units cannot be easily located. One reason for this is that they do not readily advertise in the mainstream media for fear of attracting people whose credit is overly tarnished. They are also working to protect existing tenants. If your credit is not where it should be, and you are searching for an apartment in the Wisconsin area, it is good to exercise patience in your search. Some of these second chance apartments in Milwaukee approve problem tenants on a case-by-case basis.
We have mentioned that there is a level of frustration involved when searching for these types of apartments. One way to try and cover some ground is to network. This involves asking for referrences especially from people who themselves are lease holders. Another helpful option is speaking directly to an apartment locator. These might have insight as to who is renting to whom and where. Finally, utilize the power of the Internet to search for area apartments which might be willing to work with you.
Remember that even if you do locate these apartments and have a manager that is willing to listen to your case, you must also fulfill other critical requirements such as having a job and also passing a criminal background.
Where to Rent a Home in Milwaukee?
By Ruth Caldon
The largest city of the state of Wisconsin, Milwaukee has a population of over 700,000. Finding a home to rent in this city can be a simple task if you manage to answer a few questions, firstly what type of home are you looking for? Secondly where do such homes exist in the city? What is the average rent for such a home? Lastly what are the various neighborhoods of this city that are safe? If you can invest some time into answering these questions then I can assure you that finding a home for rent will be a lot easier.
Milwaukee has it share of safe and unsafe neighborhoods, here I have tried to list a few neighborhoods that are safe to inhabit and I have also mentioned some which you ought to avoid at any cost. Marquette is a neighborhood that is part of the Marquette university campus, this area is mainly inhabited by students and it is a mile away from the Michigan Lake. This neighborhood is ideal for students to stay and it has many studio apartments that students can rent.
Third ward is an upper-class neighborhood that has a high number of condos and loft apartments. This area is Milwaukee's main transport hub and houses are on the costlier side. Brewer's hill is also an upscale gentrified neighborhood, it is a safe area to live in and once again the rent here is on the costlier side. Cold Spring Park is a neighborhood that is safe and calm. Juneau which is a part of this neighborhood is home to a number of middle class families and it is an area where the rent is moderate. Sherman Park, Jackson Park and Tippecanoe are other safe neighborhoods where the families are largely middle class. The average rent in these areas is moderate.
Martin drive is a neighborhood that is considered to be one of the safest in this city. There are many unsafe neighborhoods, particularly in the south and the north side of Milwaukee. Metcalfe Park and Park West are two of the most unsafe neighborhoods therefore avoid renting homes in them.
A normal one/two bedroom house/apartment would cost anywhere between $500 to $2000 depending on the area and facilities provided. Some houses charge rent without additional services like heating so ensure that you come to an agreement with the landlord on all the inclusive charges.
I hope the information given here is helpful. Browse various websites and local classifieds before approaching a real estate agent. This ensures that you have a good idea about the homes available for rent in Milwaukee [http://renthomein.com/2010/06/14/how-to-find-homes-for-rent-in-any-city/].
Real Estate Opportunities in Milwaukee, WI
By Hunter Craig
With affordable housing and acting as home to some of America's largest companies, real estate in Milwaukee, WI may not be booming, but it is surviving.
This Lake Michigan metropolis boasts a low cost of living, great school system, numerous post-secondary institutions and magnificent cultural attractions like the Milwaukee Art Museum. If you're considering purchasing Milwaukee real estate, keep reading for more information on housing prices, demographic breakdowns, and surrounding communities.
Housing Prices in Milwaukee
Real estate in Milwaukee, WI is definitely affordable. According to MLS, the median price for homes in early 2008 hovered around $150,000 and despite the national housing market downturn, home prices may not be appreciating, but they are holding steady.
The city also boasts a cost-of-living index of 87, meaning it costs about 13% less to live in Milwaukee when compared to the national average.
The population of Milwaukee is just over 600,000. However, the entire metropolitan area encompasses approximately 1.79 million residents. The median income is about $36,000 and the median age is average at 32 years old.
Milwaukee is also known for its well educated populace, particularly when compared to the national average. The workforce is highly educated, with almost 85% of residents holding a high school diploma and close to 30% holding a bachelor's degree.
The city is also home to a number of established universities and colleges like McGill University, Milwaukee School of Engineering, Milwaukee Institute of Art and Design, Marquette University and the University of Wisconsin-Milwaukee.
Unfortunately, Milwaukee is a highly segregated city. According to the 2000 census, 39.5% of respondents from Milwaukee indicated African-American ancestry. In turn, the city has the second highest black male unemployment rate in the United States at 43%. The city is continuing to attempt to reduce racial tensions and decrease pronounced segregation.
Communities in the Milwaukee Area
Real estate in Milwaukee, WI goes beyond the city proper and includes such areas, towns and communities as Brookfield, Elm Grove, New Berlin, Shorewood, Waukesha and Menomonee Falls.
Commercial Real Estate Values in Milwaukee
Rated as fifth in the country for the number of Fortune 500 companies who have their headquarters in the city, Milwaukee is a surprising powerhouse of economic and commercial opportunity.
Lease rates for Milwaukee commercial real estate hovers between $15 and $16 per square foot, with sales sitting at between $150 and $200 per square foot, depending on the area. Thanks to its prevalence as a manufacturing town, the warehouse and factory space market is particularly strong, while office space can typically be found for much cheaper than the national average.
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