Oconomowoc

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Oconomowoc, WI Area Guide

Avg Rent

$1,466

Population

20,234

Renter Mix

31% Rent

Let life come naturally in this historic lakeside city

Suburban Family-Friendly Scenic Lakeside Historic Active Convenient Charming

Located in the heart of Wisconsin’s Lake Country, Oconomowoc is a city whose name comes from the translation of “where the waters meet” in the Potawatomi language. The area’s many lakes continue to define life in Oconomowoc, from serving as a scenic backdrop to ornate 19th-century houses to providing opportunities for a broad range of outdoor activities and events.

Outdoor recreation abounds on the lakes and land all year in Oconomowoc, from swimming to sledding and everything in between. Oconomowoc boasts a strong sense of community and a healthy appreciation for the arts, with art festivals held year round, including the annual Oconomowoc Festival of the Arts. The Oconomowoc Arts Center also hosts plenty of special events, programs, and show series. Street dances, a weekly farmer’s market, Gallery Night, Badgerland Water Skiing team shows, Free Moonlit Movies, and holiday parades bond the community on a regular basis.

The historic downtown area on Wisconsin Avenue contributes to Oconomowoc’s small-town charm, featuring an array of restaurants, specialty shops, bars, and more. Milwaukee is just a 30-minute drive away, should you crave the big-city bustle.

Demographics

Median Household Income

$97,724

Average: $116,583

Education

7,508

Residents Have a Degree

Job Market

11,069

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

43 Years

Largest Age Group

45-54 Years

Approximately 13% of Residents

Under 20

23%

Over 65

22%

Housing Distribution

Oconomowoc has more homeowners than renters.

Renters
31%
Non-Renters
69%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
32%
Other Education
68%

Rent Trends

As of April 2026, the average apartment rent in Oconomowoc, WI is $1,266 for a studio, $1,464 for one bedroom, $1,906 for two bedrooms, and $2,388 for three bedrooms. Apartment rent in Oconomowoc has increased by 0.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,464/month
768 Sq Ft
See Rental Market Trends in Oconomowoc, WI

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Park Lawn Elementary

Public

Grades PK-5

429 Students

Meadow View Elementary

Public

Grades PK-5

547 Students

Stone Bank Elementary

Public

Grades PK-8

279 Students

Greenland Elementary

Public

Grades PK-5

263 Students

Nature Hill Intermediate

Public

Grades K-8

773 Students

Stone Bank Elementary

Public

Grades PK-8

279 Students

Nature Hill Intermediate

Public

Grades K-8

773 Students

Silver Lake Intermediate School

Public

Grades K-8

595 Students

Oconomowoc High

Public

Grades 9-12

1,662 Students

Points of Interest

Top Apartments in Oconomowoc

Houses for Rent in Oconomowoc

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.