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Milwaukee high-rise apartment rents down over the past year

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MILWAUKEE — Monthly rental rates for high-rise apartments in Milwaukee are down nearly 4.5 percent in 2016 according to a report by Real Page.

The analysis looked at 3,300 units in the Milwaukee market — finding the average rate at about $1,282.

The decrease compared to 2015 is the fifth highest in the country.

CLICK HERE for more on this story via the Milwaukee Business Journal.