Pewaukee, WI Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Pewaukee is $1,794, a 6.68% increase compared to the previous year, when the average rent was $1,681.
One-bedroom apartments provide 886 square feet for $1,442, balancing privacy and affordability.
Two-beedroom units at $1,888 offer 1,152 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,531 sq ft) for $2,221, suitable for larger households.
Average rent in Pewaukee, WI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,794 | 1,101 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,442 | 886 sq. ft. |
| 2 Beds | $1,888 | 1,152 sq. ft. |
| 3 Beds | $2,221 | 1,531 sq. ft. |
Pewaukee, WI rent trends
Rental prices in Pewaukee, WI have increased by 6.68% over the past year. The average rent moved from $1,681 to $1,794.
What's the typical rent budget in Pewaukee, WI?
The largest share of rentals in Pewaukee, WI (63%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Pewaukee, WI?
2,837 or 26% of the households in Pewaukee, WI are renter-occupied while 8,217 or 74% are owner-occupied.
How Pewaukee Compares to Other Cities
| City | Average Rent |
|---|---|
| Pewaukee | $1,794 |
| Madison | $1,784 |
| Milwaukee | $1,575 |
| La Crosse | $1,250 |
| Appleton | $1,253 |
| Brookfield | $1,880 |
| Neenah | $1,252 |
| Oshkosh | $1,142 |
| Middleton | $1,575 |
| Onalaska | $1,418 |
| Wauwatosa | $1,679 |
| St. Francis, WI | $1,592 |
| New Berlin, WI | $1,657 |
| West Allis, WI | $1,435 |
| West Bend, WI | $1,437 |
| Oak Creek, WI | $1,631 |
| Waukesha, WI | $1,424 |
| Greenfield, WI | $1,387 |
| Grafton, WI | $1,588 |
| Cedarburg, WI | $1,463 |
| Mequon, WI | $2,186 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Pewaukee apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.