Wauwatosa, WI Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Wauwatosa is $1,669, a 0.55% increase compared to the previous year, when the average rent was $1,660.
One-bedroom apartments provide 749 square feet for $1,503, balancing privacy and affordability.
Two-beedroom units at $1,809 offer 1,083 square feet, perfect for roommates or small families.
Average rent in Wauwatosa, WI
Last updated: April 23, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,669 | 919 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,503 | 749 sq. ft. |
| 2 Beds | $1,809 | 1,083 sq. ft. |
| 3 Beds | n/a | n/a |
Wauwatosa, WI rent trends
Rental prices in Wauwatosa, WI have increased by 0.55% over the past year. The average rent moved from $1,660 to $1,669.
What's the typical rent budget in Wauwatosa, WI?
The largest share of rentals in Wauwatosa, WI (43%) 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 Wauwatosa, WI?
8,595 or 40% of the households in Wauwatosa, WI are renter-occupied while 13,082 or 60% are owner-occupied.
Most affordable neighborhoods in Wauwatosa?
Milwaukee County Institutes $1,783/month
Highland Park $1,888/month
Wauwatosa Village $1,923/month
All of these neighborhoods fall below the city wide average of $1,669/month.Average Rent in Wauwatosa, WI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wauwatosa Village | $1,923 |
| Highland Park | $1,888 |
| Milwaukee County Institutes | $1,783 |
/
Wauwatosa | Rent Comparison by Neighborhood
Rent in Highland Park is 6% higher than in Milwaukee County Institutes
$1,888
Highland Park rent is 13% higher than Wauwatosa average
Average Rent
$1,888
$1,783
Milwaukee County Institutes rent is 7% higher than Wauwatosa average
Average Rent
$1,783
How Wauwatosa Compares to Other Cities
| City | Average Rent |
|---|---|
| Wauwatosa | $1,669 |
| Madison | $1,824 |
| Milwaukee | $1,592 |
| La Crosse | $1,271 |
| Appleton | $1,289 |
| Brookfield | $1,851 |
| Neenah | $1,276 |
| Oshkosh | $1,166 |
| Waukesha | $1,459 |
| Onalaska | $1,402 |
| Middleton | $1,619 |
| West Bend | $1,480 |
| New Berlin, WI | $1,652 |
| Oak Creek, WI | $1,692 |
| Greenfield, WI | $1,449 |
| St. Francis, WI | $1,615 |
| Cedarburg, WI | $1,623 |
| Mequon, WI | $2,271 |
| Racine, WI | $1,209 |
| West Allis, WI | $1,478 |
| Grafton, WI | $1,701 |
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 Wauwatosa 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.