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Rent in Menomonee Falls, WI

Across Menomonee Falls's 2 ZIP codes, a 2-bedroom typically rents for about $1,369 a month, with figures from $1,263–$1,475. The highest typical rent is in 53051 ($1,475) and the lowest in 53052 ($1,263). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Waukesha County pay about 1.14% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Menomonee Falls, WI by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$998$985–$1,0102
1 bed$1,118$1,060–$1,1762
2 beds$1,369$1,263–$1,4752
3 beds$1,388$1,223–$1,5532
4 beds$1,899$1,664–$2,1332

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Menomonee Falls ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Menomonee Falls, WI?
About $1,369 a month: the median of the typical rents in 2 ZIP codes, which range from $1,263–$1,475. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Menomonee Falls, WI?
About $1,118 a month: the median of the typical rents in 2 ZIP codes, which range from $1,060–$1,176. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Menomonee Falls, WI?
About $1,388 a month: the median of the typical rents in 2 ZIP codes, which range from $1,223–$1,553. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Menomonee Falls, WI?
About $998 a month: the median of the typical rents in 2 ZIP codes, which range from $985–$1,010. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Menomonee Falls, WI?
About $1,899 a month: the median of the typical rents in 2 ZIP codes, which range from $1,664–$2,133. Figures are gross rent (rent plus tenant-paid utilities).
Which Menomonee Falls ZIP code has the highest rent?
For a 2-bedroom, 53051 has the highest typical rent at $1,475 a month, and 53052 the lowest at $1,263.
What is the property tax rate in Menomonee Falls, WI?
Owner-occupied homes in Waukesha County pay a typical 1.14% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Menomonee Falls rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).