Apartments & Homes for Rent in Pewaukee, WI

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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

As of May 2025, Pewaukee's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Pewaukee's average rent is 11.2% ($161) higher than the Wisconsin average of $1,435 and 11.0% ($197) lower than the U.S. average of $1,793.

Average Rent
$1,596
Monthly ChangeMonth Over Month Change
Increased1.1% ($18)
Yearly ChangeYear Over Year Change
Increased6.7% ($100)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,364 Increased2.6% ($34) Increased5.7% ($74)
2 Beds $1,816 Increased1.1% ($20) Increased13.1% ($210)
3 Beds $2,295 Increased0.8% ($18) Increased12.5% ($255)
Nearby Cities Average Rent Avg. Rent vs. PewaukeeAverage Rent vs. Pewaukee Avg. Days on MarketAverage Days on Market
Hartland $1,893 Increased18.6% ($297) 42 days
Waukesha $1,638 Increased2.6% ($42) 74 days
Delafield $2,264 Increased41.9% ($668) 38 days
Lannon $1,752 Increased9.8% ($156) 41 days
Brookfield $1,793 Increased12.3% ($197) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pewaukee Rental Market FAQs

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

The average rent in Pewaukee, WI is $1,596 per month.
Homes in Pewaukee typically rent for between $955 and $2,984 per month, with an average of $1,596 per month.
In Pewaukee, the average rent for a 1-bedroom home is $1,364 per month, for a 2-bedroom home, $1,816 per month, and a 3-bedroom home is $2,295 per month.
The average rent in Pewaukee is 11% ($197) lower than the national average of $1,793 per month.
The average rent in Pewaukee has increased by 1.1% ($18) in the last month and increased by 6.7% ($100) over the past year.
The rental market in Pewaukee, WI, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Pewaukee, WI, the average rental stays on the market for approximately 42 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 13 rental properties available in Pewaukee, WI.
Based on the current averages, a household would need an annual income of $72,640 to comfortably afford a 2-bedroom home in Pewaukee.
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