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Rental Market Trends in Menomonee Falls, WI

What is the average rent in Menomonee Falls, WI?

$1,386/month

Average Rent

779 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of September 2025, the average rent in Menomonee Falls, WI is $1,386 per month. This is 15% lower than the national average rent of $1,639/month, making renting in Menomonee Falls more affordable than most cities in the US. When you rent an apartment in Menomonee Falls, you can expect to pay about $1,017 per month for a studio, $1,386 for a one-bedroom apartment, and around $1,793 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,326 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,017/month
530 Sq Ft
One Bedroom
$1,386/month
779 Sq Ft
Two Bedroom
$1,793/month
1,106 Sq Ft
Three Bedroom
$2,326/month
1,409 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Menomonee Falls, WI?

In the past year, rent has increased by 0.6%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Menomonee Falls?

Based on current rent prices, Forest River is the most affordable neighborhood in Menomonee Falls.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Forest River
$2,784/month
796 Sq Ft

What are the most expensive neighborhoods in Menomonee Falls?

Based on current rent prices, Forest River is the most expensive neighborhood in Menomonee Falls.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Forest River
$2,784/month
796 Sq Ft

Which Menomonee Falls neighborhoods have the most rentals available?

The neighborhood in Menomonee Falls with the most apartments available is Forest River .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Forest River
$2,784/month
796 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Menomonee Falls, WI?

Because the average rent in Menomonee Falls is $1,386, you’ll want to make about $4,620 per month or $55,440 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.

City

Menomonee Falls, WI

334 Available Apartments for Rent

Search for Nearby Apartments

How does Menomonee Falls, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Menomonee Falls, 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.

Explore the Area Guide for Menomonee Falls, WI

Apartment Averages

Forest River

Menomonee Falls, WI

Forest River

Menomonee Falls, WI

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Sussex Average Rent
  • Germantown Average Rent
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  • Brown Deer Average Rent

Apartment communities in Menomonee Falls we think you'll love

Jade at North Hills

Jade at North Hills

N72 W12727 Good Hope Rd,
Menomonee Falls, WI 53051

$1,475 - $1,925

1-2 Beds

Tennessen Flats

Tennessen Flats

N72W12929 Good Hope rd,
Menomonee Falls, WI 53051

$1,425 - $2,395

Studio - 2 Beds

Rock Pointe Village

Rock Pointe Village

19460 W Main St,
Lannon, WI 53046

$1,550 - $2,345

1-3 Beds

Tamarack Springs

Tamarack Springs

W177 N7920 Tamarack Springs Cir,
Menomonee Falls, WI 53051

$1,999 - $3,801

2-3 Beds

Property Management Companies in Menomonee Falls, WI

Fiduciary Real Estate Development
Fiduciary Real Estate Development
  • 36

    Communities

  • 8,593

    Units

  • 22

    Cities

4 Communities in Menomonee Falls
Arden Property Group Inc
Arden Property Group Inc
  • 10

    Communities

  • 2,281

    Units

  • 7

    Cities

3 Communities in Menomonee Falls
Morgenson Realty Company
Morgenson Realty Company
  • 11

    Communities

  • 1,113

    Units

  • 7

    Cities

3 Communities in Menomonee Falls
Decker Properties
Decker Properties
  • 20

    Communities

  • 1,226

    Units

  • 15

    Cities

2 Communities in Menomonee Falls
Harmoniq Residential
Harmoniq Residential
  • 32

    Communities

  • 3,716

    Units

  • 12

    Cities

2 Communities in Menomonee Falls
Joseph Property Development
Joseph Property Development
  • 24

    Communities

  • 1,876

    Units

  • 11

    Cities

2 Communities in Menomonee Falls
Wimmer Communities
Wimmer Communities
  • 25

    Communities

  • 4,021

    Units

  • 10

    Cities

2 Communities in Menomonee Falls
PRE/3
PRE/3
  • 177

    Communities

  • 14,051

    Units

  • 112

    Cities

1 Community in Menomonee Falls

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United States Wisconsin Menomonee Falls Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity