Highlands at Aero Park Apartments & Townhomes 55+
W197 N4950 Hickory St,
Menomonee Falls, WI 53051
1-2 Beds | $1,920 - $4,365
Rental Market Trends in Menomonee Falls, WI
Updated September 2026
The average rent in Menomonee Falls, WI is $1,459/month.
Rent in Menomonee Falls is roughly equal to the national average rent of of $1,664/month.
$1,459/month
Average Rent
762 Sq Ft
Average Size
+3.1%
Change / Year
262
Available Apartments
Menomonee Falls rent varies by unit size and layout:
- Studio apartments in Menomonee Falls average $1,079 per month.
- One-bedroom apartments in Menomonee Falls average $1,459 per month.
- Two-bedroom apartments in Menomonee Falls average $1,876 per month.
- Three-bedroom apartments in Menomonee Falls average $2,345 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Menomonee Falls, WI?
In the past year, rent has increased by 3.1%, which averages out to $45 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Menomonee Falls, WI
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
9%
$700 - $1,000/month
34%
$1,001 - $1,500/month
34%
$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 $1,459, you’ll want to make about $4,863 per month or $58,356 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.
View the Menomonee Falls Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Lannon
Avg Rent: $1,561/month
-
Butler
Avg Rent: $932/month
-
Sussex
Avg Rent: $1,272/month
-
Brookfield
Avg Rent: $1,709/month
-
Germantown
Avg Rent: $1,166/month
-
Elm Grove
Avg Rent: $2,020/month
-
Wauwatosa
Avg Rent: $1,548/month
Apartment Communities in Menomonee Falls We Think You'll Love
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Frequently Asked Questions
What is the average rent in Menomonee Falls?
The average rent in Menomonee Falls is $1,459 per month, which is 12.3% lower than the national average of $1,664.
Are rents going up or down in Menomonee Falls?
Rents in Menomonee Falls, WI are increasing, with prices up 3.1% year-over-year and $45 more per month.
What rent range is most common in Menomonee Falls?
In Menomonee Falls, WI, 34% 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.