Wauwatosa, WI Rental Market Trends

Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Wauwatosa is $1,785, a 5.3% increase compared to the previous year, when the average rent was $1,695.

One-bedroom apartments provide 746 square feet for $1,609, balancing privacy and affordability.

Two-bedroom units at $1,924 offer 1,081 square feet, perfect for roommates or small families.

Average rent in Wauwatosa, WI

Last updated: September 30, 2026
Average Rent Average Apartment Size
All Rentals $1,785 915 sq. ft.
Studio n/a n/a
1 Bed $1,609 746 sq. ft.
2 Beds $1,924 1,081 sq. ft.
3 Beds n/a n/a

Wauwatosa, WI rent trends

Rental prices in Wauwatosa, WI have increased by 5.3% over the past year. The average rent moved from $1,695 to $1,785.

What's the typical rent budget in Wauwatosa, WI?

The largest share of rentals in Wauwatosa, WI (44%) 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?

8,708 or 39% of the households in Wauwatosa, WI are renter-occupied while 13,531 or 61% are owner-occupied.

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Most affordable neighborhoods in Wauwatosa?

Milwaukee County Institutes $1,808/month

Fisher Woods $1,853/month

Highland Park $1,917/month

All of these neighborhoods fall below the city wide average of $1,785/month.

Average Rent in Wauwatosa, WI By Neighborhood

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Wauwatosa | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Fisher Woods is 3% lower than in Highland Park

$1,853

Fisher Woods rent is 4% higher than Wauwatosa average

Average Rent $1,853
$1,917

Highland Park rent is 7% higher than Wauwatosa average

Average Rent $1,917

How Wauwatosa Compares to Other Cities

City Average Rent
Wauwatosa $1,785
Madison $1,856
Milwaukee $1,673
La Crosse $1,288
Appleton $1,309
Brookfield $1,938
Neenah $1,390
Oshkosh $1,276
Middleton $1,662
Onalaska $1,471
Waukesha $1,509
Racine, WI $1,222
Greenfield, WI $1,507
Oak Creek, WI $1,745
West Allis, WI $1,544
West Bend, WI $1,423
New Berlin, WI $1,673
Oconomowoc, WI $1,887
St. Francis, WI $1,615
Cedarburg, WI $1,650
Cudahy, WI $1,293

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.