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

Oconomowoc, WI

As of April 2026, Oconomowoc's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oconomowoc's average rent is 5.5% ($80) lower than the Wisconsin average of $1,459 and 22.9% ($409) lower than the U.S. average of $1,788.

Average Rent

$1,379

Monthly ChangeMonth Over Month Change

0.1% ($1)

Yearly ChangeYear Over Year Change

18.2% ($212)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,145	0.4% ($5)	20% ($191)
2 Beds	$1,403	1.2% ($17)	19.4% ($228)
3 Beds	$1,723	1.2% ($21)	15.6% ($233)

Nearby Cities	Average Rent	Avg. Rent vs. OconomowocAverage Rent vs. Oconomowoc	Avg. Days on MarketAverage Days on Market
Delafield	$2,091	51.6% ($712)	38 days
Hartland	$1,847	33.9% ($468)	42 days
Dousman	$1,455	5.5% ($76)	37 days
Wales	$1,543	11.9% ($164)	39 days
Watertown	$1,327	3.8% ($52)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Oconomowoc Rental Market FAQs

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

What is the average rent in Oconomowoc, WI?

The average rent in Oconomowoc, WI is $1,379 per month.

What is the rental price range for apartments in Oconomowoc, WI?

Apartments in Oconomowoc typically rent for between $802 and $2,240 per month, with an average of $1,379 per month.

What is the average rent for different bedroom sizes in Oconomowoc, WI?

In Oconomowoc, the average rent for a 1-bedroom apartment is $1,145 per month, for a 2-bedroom apartment, $1,403 per month, and a 3-bedroom apartment is $1,723 per month.

How do rent prices in Oconomowoc, WI compare with the national average?

The average rent in Oconomowoc is 22.9% ($409) lower than the national average of $1,788 per month.

How have rent prices in Oconomowoc, WI changed recently?

The average rent in Oconomowoc has increased by 0.1% ($1) in the last month and increased by 18.2% ($212) over the past year.

How competitive is the rental market in Oconomowoc, WI?

The rental market in Oconomowoc, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Oconomowoc, WI?

In Oconomowoc, WI, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Oconomowoc, WI?

There are currently 6 rental properties available in Oconomowoc, WI.

Can I afford to rent an apartment in Oconomowoc, WI?

Based on the current averages, a household would need an annual income of $56,120 to comfortably afford a 2-bedroom apartment in Oconomowoc.