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Viewing 1 of 1 rentals in Lake Mills
What to Know About
Life in Lake Mills & Beyond
Lake Mills 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
Lake Mills, WI
As of August 2025, Lake Mills's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Mills's average rent is 16.2% ($234) higher than the Wisconsin average of $1,447 and 6.1% ($109) lower than the U.S. average of $1,790.
Average Rent
$1,681
Monthly ChangeMonth Over Month Change
1.7% ($28)
Yearly ChangeYear Over Year Change
7.6% ($119)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,439 | 7% ($94) | 10.1% ($132) |
| 2 Beds | $1,788 | 5.7% ($96) | 8% ($133) |
| 3 Beds | $2,191 | 6.3% ($130) | 15.3% ($291) |
| Nearby Cities | Average Rent | Avg. Rent vs. Lake MillsAverage Rent vs. Lake Mills | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Johnson Creek | $1,840 | 9.5% ($159) | 39 days |
| Deerfield | $1,558 | 7.3% ($123) | 42 days |
| Jefferson | $1,033 | 38.5% ($648) | 39 days |
| Fort Atkinson | $997 | 40.7% ($684) | 39 days |
| Watertown | $1,095 | 34.9% ($586) | 37 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Mills Rental Market FAQs
Explore rental prices, market trends, and availability in Lake Mills, WI.
The average rent in Lake Mills, WI is $1,681 per month.
Apartments in Lake Mills typically rent for between $1,007 and $2,848 per month, with an average of $1,681 per month.
In Lake Mills, the average rent for a 1-bedroom apartment is $1,439 per month, for a 2-bedroom apartment, $1,788 per month, and a 3-bedroom apartment is $2,191 per month.
The average rent in Lake Mills is 6.1% ($109) lower than the national average of $1,790 per month.
The average rent in Lake Mills has increased by 1.7% ($28) in the last month and increased by 7.6% ($119) over the past year.
The rental market in Lake Mills, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Mills, WI, the average rental stays on the market for approximately 35 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 2 rental properties available in Lake Mills, WI.
Based on the current averages, a household would need an annual income of $71,520 to comfortably afford a 2-bedroom apartment in Lake Mills.
