Wauwatosa, WI Rental Market Trends
Highlights
The average rent for an apartment in Wauwatosa is $1,186, a 3% increase compared to the previous year, when the average rent was $1,157.
Average Rent in Wauwatosa, WI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,186 | 3% | 928 sq. ft. |
The average size for a Wauwatosa, WI apartment is 928 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Wauwatosa, WI Apartment Rent Ranges
- $501-$7002%
- $701-$1,00036%
- $1,001-$1,50045%
- $1,501-$2,00015%
- > $2,0003%
Wauwatosa, WI Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
8,446 or 41% of the households in Wauwatosa, WI are renter-occupied while 11,949 or 58% are owner-occupied.
Wauwatosa, WI Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Wauwatosa, WI | $1,103 | $1,127 | $1,124 | $1,127 | $1,139 | $1,157 | $1,179 | $1,203 | $1,186 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
Average Rent in Wauwatosa, WI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Tosa Heights | $810 |
| Sheraton Lawns | $810 |
| Park Ridge | $810 |
| Currie Park Estates | $810 |
| Lovers Lane Estates | $883 |
| Northeast Wauwatosa | $894 |
| Mayfair Park | $1,211 |
| Swan Park | $1,248 |
| Southwest Wauwatosa | $1,248 |
| Ravenswood | $1,248 |
| Parkway Estates | $1,248 |
| Fisher Woods | $1,248 |
| Bluemound Manor | $1,248 |
| Pasadena | $1,309 |
| Milwaukee County Institutes | $1,309 |
| Ludington Commons | $1,309 |
| Historic Heights | $1,309 |
| Glenview Heights | $1,309 |
| Wellauer Park | $1,397 |
| Wellauer Heights | $1,397 |
| Wauwatosa Village | $1,397 |
| Washington Highlands | $1,397 |
| Tosa East Towne | $1,397 |
| Pabst Park | $1,397 |
| Olde Hillcrest | $1,397 |
| Lowell Damon Woods | $1,397 |
| Jennings Park | $1,397 |
| Inglewood Heights | $1,397 |
| Highland Park | $1,397 |
| Charles Jacobus Park | $1,397 |
The most affordable neighborhoods in Wauwatosa are Currie Park Estates, where the average rent goes for $810/month, Park Ridge, where renters pay $810/mo on average, and Sheraton Lawns, where the average rent goes for $810/mo. If you’re looking for other great deals, check out the listings from Tosa Heights ($810), Lovers Lane Estates ($883), and Northeast Wauwatosa ($894), where the asking prices are below the average Wauwatosa rent of $1,186/mo.
The most expensive neighborhoods in Wauwatosa are Wauwatosa Village ($1,397), Wellauer Heights ($1,397) and Wellauer Park ($1,397).
The most popular neighborhood in Wauwatosa is Fisher Woods, where there are 1 verified RENTCafé listings with an average rent of $1,248. Next up is Highland Park, where apartments go for $1,397/month, followed by Jennings Park with $1,397 If you’re looking to rent in Wauwatosa’s most popular neighborhoods, make sure to also check out Bluemound Manor, where renters pay $1,248 on average, and Charles Jacobus Park, where the average monthly rent is $1,397.
Wauwatosa | Rent Comparison by Neighborhood
Rent in Bluemound Manor is 11% lower than in Charles Jacobus Park
Bluemound Manor rent is 5% higher than Wauwatosa average
| Average Rent | $1,248 |
|---|
Charles Jacobus Park rent is 18% higher than Wauwatosa average
| Average Rent | $1,397 |
|---|
How Wauwatosa Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Madison | $1,253 | 2% |
| Milwaukee | $1,199 | 2% |
| Kenosha | $1,039 | 3% |
| Cedarburg | $1,094 | 28% |
| Mequon | $1,899 | 10% |
| Greenfield | $977 | 7% |
| West Allis | $980 | 7% |
| Brown Deer | $1,097 | 3% |
| Hales Corners | $1,291 | 13% |
| Franklin | $1,116 | 4% |
| Wauwatosa | $1,186 | 3% |
For more information about the Wauwatosa rental trends, check out our monthly rent report
Check out Wisconsin Cities, Wisconsin Neighborhoods and Wisconsin Zip Codes for more details on verified listings, including the Wisconsin Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!