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.

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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 July 2025, Oconomowoc's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oconomowoc's average rent is 0.1% ($1) lower than the Wisconsin average of $1,457 and 18.0% ($319) lower than the U.S. average of $1,775.

Average Rent

$1,456

Monthly ChangeMonth Over Month Change

1% ($15)

Yearly ChangeYear Over Year Change

2.2% ($32)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,275	1.1% ($14)	1.3% ($17)
2 Beds	$1,438	5.3% ($80)	8.8% ($139)
3 Beds	$1,830	3% ($56)	8.6% ($173)

Nearby Cities	Average Rent	Avg. Rent vs. OconomowocAverage Rent vs. Oconomowoc	Avg. Days on MarketAverage Days on Market
Delafield	$2,147	47.5% ($691)	38 days
Hartland	$1,917	31.7% ($461)	42 days
Dousman	$1,443	0.9% ($13)	37 days
Wales	$1,330	8.7% ($126)	39 days
Watertown	$1,135	22% ($321)	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 $1,456 per month.

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

Apartments in Oconomowoc typically rent for between $893 and $2,379 per month, with an average of $1,456 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 $1,275 per month, for a 2-bedroom apartment, $1,438 per month, and a 3-bedroom apartment is $1,830 per month.

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

The average rent in Oconomowoc is 18% ($319) lower than the national average of $1,775 per month.

How have rent prices in Oconomowoc, WI changed recently?

The average rent in Oconomowoc has decreased by 1.0% ($15) in the last month and decreased by 2.2% ($32) 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 10 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 $57,520 to comfortably afford a 2-bedroom apartment in Oconomowoc.