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Homes & Apartments for Rent in Pewaukee, WI

Showing 11 rentals in Pewaukee, then 9 more within 25 miles, nearest first.
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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 October 2026, Pewaukee's rental market is stable, with rentals spending about 34 days on the market, faster than in Wisconsin (36), and rents down 3.3% over the past year. Pewaukee's average rent is 1.0% ($15) higher than the Wisconsin average of $1,506 and 26.9% ($561) lower than the U.S. average of $2,082.

Average Rent
$1,521
Monthly ChangeMonth Over Month Change
Decreased0.31% ($5)
Yearly ChangeYear Over Year Change
Decreased3.3% ($52)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,345 Decreased0.54% ($7) Decreased5.3% ($76)
2 Beds $1,599 Decreased0.16% ($3) Decreased2.0% ($33)
3 Beds $2,458 Decreased0.13% ($3) Decreased0.2% ($5)
Nearby Cities Average Rent Avg. Rent vs. PewaukeeAverage Rent vs. Pewaukee Days on Market
Hartland $1,841 Increased21.0% ($320) 34 days
Waukesha $1,571 Increased3.3% ($50) 29 days
Delafield $2,192 Increased44.1% ($671) 34 days
Lannon $1,694 Increased11.4% ($173) 34 days
Brookfield $2,035 Increased33.8% ($514) 36 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 $1,521 per month.
In Pewaukee, the average rent is about $1,345 per month for a 1-bedroom home, about $1,599 for a 2-bedroom home and about $2,458 for a 3-bedroom home.
The average rent in Pewaukee is 26.9% ($561) lower than the national average of $2,082 per month.
The rental market in Pewaukee, WI is currently stable, with rentals spending about 34 days on the market, faster than in Wisconsin (36), and rents down 3.3% over the past year.
Based on the current averages, a household would need an annual income of about $64,000 to comfortably afford a 2-bedroom home in Pewaukee.
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