Highlands at Aero Park Apartments & Townhomes 55+
W197 N4950 Hickory St,
Menomonee Falls, WI 53051
$1,879 - $4,766
1-2 Beds
Rental Market Trends in Menomonee Falls, WI
What is the average rent in Menomonee Falls, WI?
$1,432/month
Average Rent
763 Sq Ft
Average Apartment Size
+2.4%
Increase in the Last Year
Menomonee Falls, WI Rental Market Overview
The average rent in Menomonee Falls, WI is $1,432 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Menomonee Falls rent prices are 13% lower than the national average.
- Studio apartments in Menomonee Falls average $1,053 per month.
- One-bedroom apartments in Menomonee Falls average $1,432 per month.
- Two-bedroom apartments in Menomonee Falls average $1,869 per month.
- Three-bedroom apartments in Menomonee Falls average $2,343 or more per month.
Data Updated: June, 2026
Floor Plan Type
Average Rent
Average 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 2.4%, which averages out to $35 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 June 2026
Legend
2025
2026
Rent Ranges in Menomonee Falls, WI
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
10%
$700 - $1,000/month
35%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
16%
Above $2,000/month
What salary do I need to live comfortably in Menomonee Falls, WI?
Because the average rent in Menomonee Falls is $1,432, you’ll want to make about $4,773 per month or $57,276 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 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.
Nearby City Rent Trends
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Property Management Companies in Menomonee Falls, WI
Fiduciary Real Estate Development
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38
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9,211
Units
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23
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4 Communities in Menomonee Falls
Arden Property Group Inc
-
10
Communities
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2,281
Units
-
7
Cities
3 Communities in Menomonee Falls
Morgenson Realty Company
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11
Communities
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1,113
Units
-
7
Cities
3 Communities in Menomonee Falls
Harmoniq Residential
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42
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4,821
Units
-
17
Cities
2 Communities in Menomonee Falls
Decker Properties
-
23
Communities
-
1,251
Units
-
16
Cities
2 Communities in Menomonee Falls
Wimmer Communities
-
26
Communities
-
4,091
Units
-
11
Cities
2 Communities in Menomonee Falls
Joseph Property Development
-
24
Communities
-
1,945
Units
-
11
Cities
2 Communities in Menomonee Falls
PRE/3
-
191
Communities
-
14,466
Units
-
124
Cities
1 Community in Menomonee Falls
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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 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.