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Rental Market Trends in Pewaukee, WI

What is the average rent in Pewaukee, WI?

$1,426/month

Average Rent

808 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of January 2026, the average rent in Pewaukee, WI is $1,426 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Pewaukee rent prices are 12% lower than the national average. When you rent an apartment in Pewaukee, you can expect to pay about $825 per month for a studio, $1,426 for a one-bedroom apartment, and around $1,639 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,057 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$825/month
451 Sq Ft
One Bedroom
$1,426/month
808 Sq Ft
Two Bedroom
$1,639/month
1,125 Sq Ft
Three Bedroom
$2,057/month
1,511 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 Pewaukee, WI?

In the past year, rent has increased by 1.6%, which averages out to $23 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Pewaukee, WI
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Pewaukee, WI
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
32% $1,001 - $1,500/month
44% $1,501 - $2,000/month
4% Above $2,000/month

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

Because the average rent in Pewaukee is $1,426, you’ll want to make about $4,753 per month or $57,036 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

Pewaukee, WI

880 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Pewaukee, 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 Pewaukee, WI

Apartment Averages

Nearby City Rent Trends

  • Waukesha Average Rent
  • Sussex Average Rent
  • Hartland Average Rent
  • Brookfield Average Rent

Apartment communities in Pewaukee we think you'll love

Alta Apartments

Alta Apartments

W233N2094 Ridgeview Pky,
PEWAUKEE, WI 53186

$1,595 - $2,330

1-2 Beds

Saddle Brook Apartments

Saddle Brook Apartments

N24W24242 Saddle Brook Dr,
Pewaukee, WI 53072

$1,540 - $5,800

1-3 Beds

Springs at Meadowbrook

Springs at Meadowbrook

601 Sierra Cir,
Waukesha, WI 53188

$1,355 - $2,621

Studio - 3 Beds

Willow Creek

Willow Creek

2420 Parklawn Dr,
Waukesha, WI 53186

$1,175 - $1,685

1-2 Beds

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United States Wisconsin Pewaukee 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity