Apartments for Rent in Oconomowoc, WI

Prices and availability in Oconomowoc, WI were last updated on 14 Nov 2026.

The best apartments in Oconomowoc, WI are: The Locklyn, Timberveil Residences, The Preserve at Prairie Creek, The Locklyn Apartments and THE GATEWAY.

The average rent in Oconomowoc, WI is $1,856.

The price range for a studio apartment in Oconomowoc, WI is between $1,420 and $2,543.

The price range for a 1-bedroom apartment in Oconomowoc, WI is between $1,480 and $3,857.

The price range for a 2-bedroom apartment in Oconomowoc, WI is between $1,782 and $6,430.

The price range for a 3-bedroom apartment in Oconomowoc, WI is between $1,480 and $4,991.

In Oconomowoc, 31% of the residents are renting compared to 69% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 27% of Oconomowoc's rentals, 66% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The average age of rental buildings in Oconomowoc is 16 years old, with 76% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 96% are garden-style apartment communities, 4% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Oconomowoc are around 3% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 45% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.