Homes & Apartments for Rent in 53121

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What to Know About

Life in Elkhorn & Beyond

Elkhorn 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

Elkhorn, WI

As of September 2026, Elkhorn's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elkhorn's average rent is 1.7% ($24) lower than the Wisconsin average of $1,440 and 21.7% ($392) lower than the U.S. average of $1,808.

Average Rent
$1,416
Monthly ChangeMonth Over Month Change
Decreased2.2% ($32)
Yearly ChangeYear Over Year Change
Increased9.4% ($122)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,195 Decreased3.2% ($40) Increased20.7% ($205)
2 Beds $1,418 Decreased2.3% ($33) Increased15.9% ($195)
3 Beds $1,795 Decreased1.4% ($26) Increased15.6% ($242)
Nearby Cities Average Rent Avg. Rent vs. ElkhornAverage Rent vs. Elkhorn Avg. Days on MarketAverage Days on Market
Delavan $1,538 Increased8.6% ($122) 35 days
East Troy $1,827 Increased29% ($411) 41 days
Whitewater $1,543 Increased9% ($127) 38 days
Lake Geneva $1,507 Increased6.4% ($91) 38 days
Walworth $1,285 Decreased9.3% ($131) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elkhorn Rental Market FAQs

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

The average rent in Elkhorn, WI is $1,416 per month.
Homes in Elkhorn typically rent for between $837 and $2,334 per month, with an average of $1,416 per month.
In Elkhorn, the average rent for a 1-bedroom home is $1,195 per month, for a 2-bedroom home, $1,418 per month, and a 3-bedroom home is $1,795 per month.
The average rent in Elkhorn is 21.7% ($392) lower than the national average of $1,808 per month.
The average rent in Elkhorn has decreased by 2.2% ($32) in the last month and increased by 9.4% ($122) over the past year.
The rental market in Elkhorn, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elkhorn, WI, the average rental stays on the market for approximately 39 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 10 rental properties available in Elkhorn, WI.
Based on the current averages, a household would need an annual income of $56,720 to comfortably afford a 2-bedroom home in Elkhorn.
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