Apartments for Rent in Oconomowoc, WI

Prices and availability in Oconomowoc, WI were last updated on 22 Oct 2026.

The best apartments in Oconomowoc, WI are: The Locklyn, Timberveil Residences, The Preserve at Prairie Creek, Lake Country Village Apartments and The Locklyn Apartments.

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

The price range for a studio apartment in Oconomowoc, WI is between $1,432 and $2,546.

The price range for a 1-bedroom apartment in Oconomowoc, WI is between $1,050 and $3,765.

The price range for a 2-bedroom apartment in Oconomowoc, WI is between $1,435 and $6,507.

The price range for a 3-bedroom apartment in Oconomowoc, WI is between $1,435 and $5,241.

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 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.

Rental apartments in Oconomowoc come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 45% of all rentals in Oconomowoc. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.