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Homes & Apartments for Rent in Elm Grove, WI 53122

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What to Know About

Life in Elm Grove & Beyond

Elm Grove 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

Elm Grove, WI

As of November 2026, Elm Grove's rental market is stable, with rentals spending about 30 days on the market, about the same as in Wisconsin (31), and rents down 1.3% over the past year. Elm Grove's average rent is 47.0% ($723) higher than the Wisconsin average of $1,539 and 11.1% ($226) higher than the U.S. average of $2,036.

Average Rent
$2,262
Monthly ChangeMonth Over Month Change
Decreased0.22% ($5)
Yearly ChangeYear Over Year Change
Decreased1.3% ($30)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,551 Decreased0.51% ($8) Decreased4.2% ($68)
2 Beds $2,076 Decreased0.06% ($1) Decreased1.0% ($20)
3 Beds $2,684 Decreased0.22% ($6) Increased0.2% ($6)
Nearby Cities Average Rent Avg. Rent vs. Elm GroveAverage Rent vs. Elm Grove Days on Market
Brookfield $2,175 Decreased3.8% ($87) 29 days
Wauwatosa $1,500 Decreased33.7% ($762) 30 days
Butler $1,466 Decreased35.2% ($796) 30 days
West Allis $1,322 Decreased41.6% ($940) 31 days
New Berlin $1,833 Decreased19.0% ($429) 30 days
Based on rentals advertised on RentalSource in and around Elm Grove.
Frequently Asked Questions
Elm Grove Rental Market FAQs

Explore rental prices, market conditions, and affordability in Elm Grove, WI.

The average rent in Elm Grove, WI is about $2,262 per month.
In Elm Grove, the average rent is about $1,551 per month for a 1-bedroom home, about $2,076 for a 2-bedroom home and about $2,684 for a 3-bedroom home.
The average rent in Elm Grove is 11.1% ($226) higher than the national average of $2,036 per month.
The rental market in Elm Grove, WI is currently stable, with rentals spending about 30 days on the market, about the same as in Wisconsin (31), and rents down 1.3% over the past year.
Based on the current averages, a household would need an annual income of about $83,000 to comfortably afford a 2-bedroom home in Elm Grove.
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