Average Rent in Oconomowoc, WI and Rent Price Trends

Rent trends in Oconomowoc, WI

Average rent prices in Oconomowoc have remained the same over the last month and have increased by 17% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Oconomowoc, WI

Rent prices in Oconomowoc vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oconomowoc is $1,930, whereas a house costs $2,497. 1-bedroom apartments in Oconomowoc run $1,700 on average, while 2-bedroom apartments are $2,175.


Studio	$1,155	2%	18%
1 bedroom	$1,375	2%	12%
2 bedroom	$2,095	2%	13%
3 bedroom	$2,350	1%	29%
4 bedroom	$2,900	7%	1%

		Listings
Parkland Green West	$1,850


Apartments	$1,930	1%	No Change
Condos	$1,100	17%	-
Houses	$2,497	26%	No Change

Studio

Average rent

$1,155

Last 30 days

Last year

18%

1 bedroom

Average rent

$1,375

Last 30 days

Last year

12%

2 bedroom

Average rent

$2,095

Last 30 days

Last year

13%

3 bedroom

Average rent

$2,350

Last 30 days

Last year

29%

4 bedroom

Average rent

$2,900

Last 30 days

Last year

The table above reflects average rent prices in Oconomowoc, WI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Oconomowoc, WI compare to other cities?

Compare median rent prices in Oconomowoc and Big Bend by all bedroom counts and property types.

Oconomowoc

Median rent price$1,985

higher than the national median

Median rent price$1,500

21%

lower than the national median

Takeaway

The median rent for all rentals in Oconomowoc, WI is 32% higher than the median rent in Big Bend, WI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,500

$1,497

$1,395

$1,050

$1,230

$2,250

$1,895

$1,599

$2,059

$1,575

$1,699

$1,620

Discover rentals in Oconomowoc, WI

3d ago

Apartment for rent in Oconomowoc

Two Bedroom Lower Located In Beautiful Lake Country

326 W 5th St, Oconomowoc, WI 53066

2 beds

1 bath

$1,125

Apartment for rent

Available Sep 15

3d ago

8.3

Very good

Edgewater Apartments

231 N Fowler St, Oconomowoc, WI 53066

1–2 beds

1 bath

$1,275–$1,450

Apartment for rent

5d+ ago

Apartment for rent in Oconomowoc

2 beds

1 bath

$1,375

Apartment for rent

2d ago

6.5

Good

210 - Bolson Dr.

340 Bolson Dr, Oconomowoc, WI 53066

2 beds

1 bath

$1,395

Apartment for rent

1d ago

7.7

Very good

226 Summit Ave

226 Summit Ave, Oconomowoc, WI 53066

2 beds

1 bath

$1,500

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Oconomowoc, WI

Quick answers to common questions about the Oconomowoc rental market.

How much is rent in Oconomowoc?

The average rent in Oconomowoc is $1,985 per month as of September 5, 2026.

Is rent up or down in Oconomowoc?

Average rent prices in Oconomowoc have remained the same over the last month and have increased by 17% since last year.

How does Oconomowoc rent compare to the national average?

Rent in Oconomowoc is 4% above the national average, which means renters are paying approximately $85 more per month.

What salary do I need to afford rent in Oconomowoc?

To comfortably afford rent in Oconomowoc, you'd need to earn approximately $79,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).