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Rental Market Trends in Menomonee Falls, WI

What is the average rent in Menomonee Falls, WI?

$1,396/month

Average Rent

764 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of July 2025, the average rent in Menomonee Falls, WI is $1,396 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Menomonee Falls rent prices are 15% lower than the national average. When you rent an apartment in Menomonee Falls, you can expect to pay about $1,015 per month for a studio, $1,396 for a one-bedroom apartment, and around $1,798 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,295 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,015/month
530 Sq Ft
One Bedroom
$1,396/month
764 Sq Ft
Two Bedroom
$1,798/month
1,106 Sq Ft
Three Bedroom
$2,295/month
1,409 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$3,295/month
2,441 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 1.3%, which averages out to $19 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Menomonee Falls, WI
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Menomonee Falls, WI
Percentage*
Rent Range
7% Below $700/month
10% $700 - $1,000/month
31% $1,001 - $1,500/month
34% $1,501 - $2,000/month
17% Above $2,000/month

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
$2,547/month
768 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
$2,547/month
768 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
$2,547/month
768 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 $1,396, you’ll want to make about $4,653 per month or $55,836 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

388 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
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Apartment communities in Menomonee Falls we think you'll love

Tennessen Flats

Tennessen Flats

N72W12929 Good Hope rd,
Menomonee Falls, WI 53051

1-2 Beds | $1,575 - $2,395

Jade at North Hills

Jade at North Hills

N72 W12727 Good Hope Rd,
Menomonee Falls, WI 53051

1-2 Beds | $1,515 - $1,995

Rock Pointe Village

Rock Pointe Village

19460 W Main St,
Lannon, WI 53046

Studio - 3 Beds | $1,170 - $2,345

Highlands at Aero Park Apartments & Townho...

Highlands at Aero Park Apartments & Townho...

W197 N4950 Hickory St,
Menomonee Falls, WI 53051

1-2 Beds | $1,843 - $3,823

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

  • 1,229

    Units

  • 15

    Cities

2 Communities in Menomonee Falls
Harmoniq Residential
Harmoniq Residential
  • 31

    Communities

  • 3,468

    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
  • 174

    Communities

  • 13,916

    Units

  • 111

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity