Homes & Apartments for Rent in Pewaukee, WI

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What to Know About

Life in Pewaukee & Beyond

Pewaukee shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Pewaukee, WI

As of June 2026, Pewaukee's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Pewaukee's average rent is 1.9% ($28) lower than the Wisconsin average of $1,437 and 21.6% ($388) lower than the U.S. average of $1,797.

Average Rent
$1,409
Monthly ChangeMonth Over Month Change
Decreased6.8% ($102)
Yearly ChangeYear Over Year Change
Decreased11.2% ($178)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,333 Decreased5.1% ($72) Decreased3.6% ($50)
2 Beds $1,469 Decreased7% ($110) Decreased17.5% ($311)
3 Beds $1,822 Decreased6.4% ($125) Decreased17.6% ($390)
Nearby Cities Average Rent Avg. Rent vs. PewaukeeAverage Rent vs. Pewaukee Avg. Days on MarketAverage Days on Market
Hartland $1,831 Increased30% ($422) 42 days
Waukesha $1,674 Increased18.8% ($265) 74 days
Delafield $2,125 Increased50.8% ($716) 38 days
Lannon $1,935 Increased37.3% ($526) 41 days
Brookfield $1,642 Increased16.5% ($233) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pewaukee Rental Market FAQs

Explore rental prices, market trends, and availability in Pewaukee, WI.

The average rent in Pewaukee, WI is $1,409 per month.
Homes in Pewaukee typically rent for between $933 and $2,369 per month, with an average of $1,409 per month.
In Pewaukee, the average rent for a 1-bedroom home is $1,333 per month, for a 2-bedroom home, $1,469 per month, and a 3-bedroom home is $1,822 per month.
The average rent in Pewaukee is 21.6% ($388) lower than the national average of $1,797 per month.
The average rent in Pewaukee has decreased by 6.8% ($102) in the last month and decreased by 11.2% ($178) over the past year.
The rental market in Pewaukee, WI, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Pewaukee, WI, the average rental stays on the market for approximately 42 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 15 rental properties available in Pewaukee, WI.
Based on the current averages, a household would need an annual income of $58,760 to comfortably afford a 2-bedroom home in Pewaukee.
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