Rent in Waukesha, WI
Across Waukesha's 4 ZIP codes, a 2-bedroom typically rents for about $1,287 a month, with figures from $1,186–$1,355. The highest typical rent is in 53188 ($1,355) and the lowest in 53189 ($1,186). 3 ZIPs have 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $914 | $332–$1,227 | 4 |
| 1 bed | $1,049 | $1,028–$1,334 | 4 |
| 2 beds | $1,287 | $1,186–$1,355 | 4 |
| 3 beds | $1,510 | $1,460–$1,553 | 4 |
| 4 beds | $1,579 | $956–$1,664 | 4 |
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).
Waukesha ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Waukesha, WI?
- About $1,287 a month: the median of the typical rents in 4 ZIP codes, which range from $1,186–$1,355. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Waukesha, WI?
- About $1,049 a month: the median of the typical rents in 4 ZIP codes, which range from $1,028–$1,334. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Waukesha, WI?
- About $1,510 a month: the median of the typical rents in 4 ZIP codes, which range from $1,460–$1,553. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Waukesha, WI?
- About $914 a month: the median of the typical rents in 4 ZIP codes, which range from $332–$1,227. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Waukesha, WI?
- About $1,579 a month: the median of the typical rents in 4 ZIP codes, which range from $956–$1,664. Figures are gross rent (rent plus tenant-paid utilities).
- Which Waukesha ZIP code has the highest rent?
- For a 2-bedroom, 53188 has the highest typical rent at $1,355 a month, and 53189 the lowest at $1,186.
- What is the property tax rate in Waukesha, 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 Waukesha rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).