Homes & Apartments for Rent in 53186

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What to Know About

Life in Waukesha & Beyond

Waukesha 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

Waukesha, WI

As of April 2026, Waukesha's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Waukesha's average rent is 11.2% ($164) higher than the Wisconsin average of $1,459 and 9.2% ($165) lower than the U.S. average of $1,788.

Average Rent
$1,623
Monthly ChangeMonth Over Month Change
Increased0.3% ($5)
Yearly ChangeYear Over Year Change
Decreased2.6% ($44)
Avg. Days on MarketAverage Days on Market
74
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,443 Increased0.3% ($5) Decreased2.7% ($40)
2 Beds $1,794 Increased8.9% ($147) Increased6.7% ($113)
3 Beds $2,171 Decreased4% ($90) Increased8% ($160)
Nearby Cities Average Rent Avg. Rent vs. WaukeshaAverage Rent vs. Waukesha Avg. Days on MarketAverage Days on Market
Pewaukee $1,597 Decreased1.6% ($26) 42 days
Wales $1,543 Decreased4.9% ($80) 39 days
New Berlin $1,654 Increased1.9% ($31) 36 days
Delafield $2,091 Increased28.8% ($468) 38 days
Brookfield $1,810 Increased11.5% ($187) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waukesha Rental Market FAQs

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

The average rent in Waukesha, WI is $1,623 per month.
Homes in Waukesha typically rent for between $1,010 and $2,822 per month, with an average of $1,623 per month.
In Waukesha, the average rent for a 1-bedroom home is $1,443 per month, for a 2-bedroom home, $1,794 per month, and a 3-bedroom home is $2,171 per month.
The average rent in Waukesha is 9.2% ($165) lower than the national average of $1,788 per month.
The average rent in Waukesha has increased by 0.3% ($5) in the last month and decreased by 2.6% ($44) over the past year.
The rental market in Waukesha, WI, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Waukesha, WI, the average rental stays on the market for approximately 74 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 28 rental properties available in Waukesha, WI.
Based on the current averages, a household would need an annual income of $71,760 to comfortably afford a 2-bedroom home in Waukesha.
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