Velo Village Apartments
7235 South Ballpark Dr,
Franklin, WI 53132
1-2 Beds | $1,666 - $2,461
Rental Market Trends in Greendale, WI
Updated September 2026
The average rent in Greendale, WI is $1,336/month.
Rent in Greendale is 20% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,336/month
Average Rent
749 Sq Ft
Average Size
+6.1%
Change / Year
124
Available Apartments
Greendale rent varies by unit size and layout:
- Studio apartments in Greendale average $1,032 per month.
- One-bedroom apartments in Greendale average $1,336 per month.
- Two-bedroom apartments in Greendale average $1,500 per month.
- Three-bedroom apartments in Greendale average $1,481 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Greendale, WI?
In the past year, rent has increased by 6.1%, which averages out to $82 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Greendale, WI
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
12%
$700 - $1,000/month
50%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Greendale, WI?
Because the average rent in Greendale is $1,336, you’ll want to make about $4,453 per month or $53,436 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Greendale, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Greendale, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Greendale Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Greenfield
Avg Rent: $1,183/month
-
Hales Corners
Avg Rent: $1,228/month
-
Franklin
Avg Rent: $1,480/month
-
West Allis
Avg Rent: $1,245/month
-
West Milwaukee
Avg Rent: $718/month
-
Bay View
Avg Rent: $1,250/month
-
Oak Creek
Avg Rent: $1,467/month
-
Cudahy
Avg Rent: $982/month
Apartment Communities in Greendale We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Greendale?
The average rent in Greendale is $1,336 per month, which is 19.7% lower than the national average of $1,664.
Are rents going up or down in Greendale?
Rents in Greendale, WI are increasing, with prices up 6.1% year-over-year and $82 more per month.
What rent range is most common in Greendale?
In Greendale, WI, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 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.
* Percentages may not total 100 due to rounding.