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Rental Market Trends in Wales, WI

What is the average rent in Wales, WI?

$1,455/month

Average Rent

892 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of September 2025, the average rent in Wales, WI is $1,455 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Wales rent prices are 11% lower than the national average. When you rent an apartment in Wales, you can expect to pay about $1,195 per month for a studio, $1,455 for a one-bedroom apartment, and around $1,707 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,985 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,195/month
631 Sq Ft
One Bedroom
$1,455/month
892 Sq Ft
Two Bedroom
$1,707/month
1,194 Sq Ft
Three Bedroom
$1,985/month
1,510 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 Wales, WI?

In the past year, rent has decreased by 0.5%, which averages out to $7 less 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 Ranges in Wales, WI
Last Updated September 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Wales, WI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Wales is $1,455, you’ll want to make about $4,850 per month or $58,200 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

Wales, WI

8 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Wales, 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 Wales, WI

Apartment Averages

Nearby City Rent Trends

  • Delafield Average Rent
  • Waukesha Average Rent
  • Hartland Average Rent
  • Pewaukee Average Rent

Apartment communities in Wales we think you'll love

Lincolnshire Place

Lincolnshire Place

218 Lincolnshire Pl,
Wales, WI 53183

$1,495 - $1,795

1-2 Beds

Hills of Wales

Hills of Wales

426 N Oak Crest Dr,
Wales, WI 53183

$1,185

2 Beds

Village at Fox River

Village at Fox River

2601 Elkhart Dr,
Waukesha, WI 53189

$1,325 - $2,375

Studio - 2 Beds

Springs at Meadowbrook

Springs at Meadowbrook

601 Sierra Cir,
Waukesha, WI 53188

$1,392 - $2,770

Studio - 3 Beds

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United States Wisconsin Wales 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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