Milwaukee is one of the top rental markets in the U.S. for luxury cars, with the median price for a new Mercedes-Benz SLS AMG in the city topping $1 million.
But a growing number of Milwaukee residents are struggling to afford their car rentals.
In Milwaukee, the median rent for a one-bedroom apartment is $1,700 per month.
The median rent is up by nearly a third since 2010, according to data compiled by RentBusters.org.
And the median monthly payment is nearly $2,000 more than the median in Los Angeles, according the website.
As of the end of March, Milwaukee had 8,834 affordable rental units, compared with 5,903 in Los Angles.
The average rent in Milwaukee was $2.4 million.
That compares with a $2 million median rent in Los Santos, California.
In Milwaukee, an average of 13 percent of residents are paying less than 30 percent of the median.
In Los Santos the median income was $50,077.
In Chicago, the average income was just $53,093.
In Minneapolis, the same income is $58,636.
Some of Milwaukee’s most expensive rental units are in the suburbs.
For example, the $1.9 million, four-bedroom residence at 825 E. Washington St. is the highest-priced unit in the Milwaukee rental market.
It is one- and two-bedroom, respectively.
One of the city’s largest employers is the Milwaukee County Jail, where about 20,000 inmates are housed.
In May, the sheriff’s office posted a $3.7 million operating surplus, bringing its budget to $17.7 billion, the highest since 2008.
More affordable housing is also on the rise in Milwaukee.
Last month, the Milwaukee Department of Administration said it was going to offer more affordable housing.
That includes two apartments for $2 per month for seniors and disabled people, a two-unit building for $3 per month and two other units for $4 per month, according on the agency’s website.