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Urbanite | A New Land Community apartments in Milwaukee, WI

Updated

Urbanite | A New Land Community

1840 N Farwell Ave, Milwaukee, WI 53202, USA

4.7 (137 reviews) Official Website

Live pricing, refreshed

7
Units Listed
$1,633
Starting at
$2,120
Average
$3,114
Highest
$4.24
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Lower East Side rent trends

Beds

Pricing by Bedroom

Studio
$1,652
from $1,633 · 2 units
~500 sqft avg
1 Bed
$1,942
from $1,878 · 2 units
~500 sqft avg
2 Bed
$2,269
from $1,840 · 2 units
~500 sqft avg
3 Bed
$3,114
from $3,114 · 1 units
~500 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (7)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$6,213

$75K annual run rate

Modeled estimate

Est. Occupancy

22%

of about 9 units (modeled from leasing activity)

Effective Rent on New Leases

$3,107

vs $2,120 current asking

Recent Lease Activity

9 units tracked; 2 assumed leased, 7 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

7

Moderate availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Lower East Side

Neighborhood

Comparing 5 apartments in Lower East Side. Click any bar to view that building.

See Lower East Side rent trends on the Milwaukee, WI map Explore Milwaukee, WI on the interactive map

Available Units

7 units
Studio
$1,633/mo
500 ft² · $3.27/ft² · #1
Up $278 since Aug 20 (was $1,355)
Studio
$1,671/mo
500 ft² · $3.34/ft² · #4
Down $13 since Aug 20 (was $1,684)
2 Bed
$1,840/mo
500 ft² · $3.68/ft² · #5
Up $118 since Aug 20 (was $1,722)
1 Bed
$1,878/mo
500 ft² · $3.76/ft² · #3
Up $226 since Aug 20 (was $1,652)
1 Bed
$2,006/mo
500 ft² · $4.01/ft² · #2
Up $329 since Aug 20 (was $1,677)
2 Bed
$2,698/mo
500 ft² · $5.40/ft² · #6
Up $155 since Aug 20 (was $2,543)
3 Bed
$3,114/mo
500 ft² · $6.23/ft² · #7
Up $179 since Aug 20 (was $2,935)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Milwaukee, WI notes

No resident notes for this property yet.

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