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Apartments for Rent in Pewaukee, WI 53072

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What to Know About

Life in Pewaukee & Beyond

Pewaukee 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

Pewaukee, WI

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As of November 2026, Pewaukee's rental market is stable, with rentals spending about 29 days on the market, faster than in Wisconsin (31), and rents down 2.4% over the past year. Pewaukee's average rent is 6.2% ($95) higher than the Wisconsin average of $1,539 and 19.7% ($402) lower than the U.S. average of $2,036.

Average Rent
$1,634
Monthly ChangeMonth Over Month Change
Decreased0.02%
Yearly ChangeYear Over Year Change
Decreased2.4% ($41)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,386 Decreased0.47% ($7) Decreased5.0% ($73)
2 Beds $1,632 Increased0.21% ($3) Decreased0.8% ($14)
3 Beds $2,465 Decreased0.35% ($9) Decreased0.5% ($12)
Nearby Cities Average Rent Avg. Rent vs. PewaukeeAverage Rent vs. Pewaukee Days on Market
Hartland $1,893 Increased15.9% ($259) 30 days
Waukesha $1,677 Increased2.6% ($43) 30 days
Delafield $2,193 Increased34.2% ($559) 30 days
Lannon $1,671 Increased2.3% ($37) 30 days
Brookfield $2,175 Increased33.1% ($541) 29 days
Based on rentals advertised on RentalSource in and around Pewaukee.
Frequently Asked Questions
Pewaukee Rental Market FAQs

Explore rental prices, market conditions, and affordability in Pewaukee, WI.

The average rent in Pewaukee, WI is about $1,634 per month.
In Pewaukee, the average rent is about $1,386 per month for a 1-bedroom apartment, about $1,632 for a 2-bedroom apartment and about $2,465 for a 3-bedroom apartment.
The average rent in Pewaukee is 19.7% ($402) lower than the national average of $2,036 per month.
The rental market in Pewaukee, WI is currently stable, with rentals spending about 29 days on the market, faster than in Wisconsin (31), and rents down 2.4% over the past year.
Based on the current averages, a household would need an annual income of about $65,300 to comfortably afford a 2-bedroom apartment in Pewaukee.
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