Apartments for Rent in Oconomowoc, WI

Prices and availability in Oconomowoc, WI were last updated on 21 Jul 2026.

The best apartments in Oconomowoc, WI are: The Locklyn, The Preserve at Prairie Creek, Lake Country Village Apartments, 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 $1,464 and $2,522.

The price range for a 1-bedroom apartment in Oconomowoc, WI is between $1,478 and $2,019.

The price range for a 2-bedroom apartment in Oconomowoc, WI is between $1,648 and $2,516.

The price range for a 3-bedroom apartment in Oconomowoc, WI is between $1,478 and $2,546.

In Oconomowoc 31% of the housing is rented out compared to 69% of homes are owned, according to the most recent Census Bureau estimates. 27% of Oconomowoc's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Oconomowoc are about 16 years old, on average. Of these, 76% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 96% of the rental communities here are low-rise, garden-style communities, 4% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.