Lake Geneva, Wisconsin Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lake Geneva, Wisconsin rental market.

Lake Geneva, Wisconsin

Average Apartment Rent

$1,778

Y-o-Y Change in Average
Apartment Rent

-2.6%

As of March 2026

Compared to a year ago, Lake Geneva, Wisconsin apartments have recorded a -2.6% rent decrease.

Lake Geneva, Wisconsin Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lake Geneva $1,672 $1,625 $1,653 $1,780 $1,788 $1,827 $1,836 $1,789 $1,778
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Lake Geneva
National
Jul 2023
$1,672
$1,735
Nov 2023
$1,625
$1,724
Mar 2024
$1,653
$1,729
Jul 2024
$1,780
$1,750
Nov 2024
$1,788
$1,743
Mar 2025
$1,827
$1,749
Jul 2025
$1,836
$1,763
Nov 2025
$1,789
$1,749
Mar 2026
$1,778
$1,750

Lake Geneva, Wisconsin Average Apartment Rent

Lake Geneva, Wisconsin Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 53.63%, apartments priced $1,500 - $2,000 represent the bulk of Lake Geneva, Wisconsin rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 14.84%.

Lake Geneva, Wisconsin Housing tenure**

Renter occupied housing units 1,961
Owner occupied housing units 2,112

Renters take up 48% of Lake Geneva, Wisconsin real estate, occupying a total of 1,961 units, while homeowners live in 2,112 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$41,456

Average household size of renter-occupied housing units**

1.88

Rental vacancy rate**

5.1%

Lake Geneva, Wisconsin Renter-occupied housing units by no. of bedrooms**

No bedrooms 104
1 bed 531
2 beds 998
3 beds 252
4 beds 60
5 or more beds 16

There are 998 rentals in Lake Geneva, Wisconsin with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in Lake Geneva, Wisconsin homes for rent is 3.8.

Lake Geneva, Wisconsin Renter-occupied units by age of householder**

15 - 24 years 230
25 - 34 years 199
35 - 44 years 355
45 - 54 years 309
55 - 59 years 169
60 - 64 years 199
65 - 74 years 209
75 - 84 years 195
85 years and over 96

Most condos for rent in Lake Geneva, Wisconsin are occupied by residents in the 35 - 44 years age group (18%), followed by those in the 45 - 54 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 5%.

Lake Geneva, Wisconsin Renter-occupied housing units by family type**

Family households 834
Non-Family Households 1,127

Lake Geneva, Wisconsin Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 299
No related children of the householder under 18 1,662

A total of 834 apartments for rent in Lake Geneva, Wisconsin, or 43% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 299 units. All in all, the median size of a renter-occupied household in Lake Geneva, Wisconsin is 1.88.

Lake Geneva, Wisconsin Renter-occupied housing units by educational attainment**

Less than high school graduate 253
High school graduate (including equivalency) 677
Some college or associate's degree 543
Bachelor's degree or higher 488

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Lake Geneva, Wisconsin.

Lake Geneva, Wisconsin Renter-occupied units by year structure built**

Built 2010 - 2019 114
Built 2000 - 2009 183
Built 1990 - 1999 367
Built 1980 - 1989 158
Built 1970 - 1979 542
Built 1960 - 1969 103
Built 1950 - 1959 119
Built 1940 - 1949 144
Built 1939 or earlier 231

The highest share of Lake Geneva, Wisconsin apartment rentals, namely 28% or 542 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (19%, 367 units), and the ones Built 1939 or earlier (12%, 231 units).

Lake Geneva, Wisconsin Renter-occupied units by year householder moved in**

Moved in 2021 or later 97
Moved in 2018 to 2020 612
Moved in 2010 to 2017 897
Moved in 2000 to 2009 257
Moved in 1990 to 1999 82
Moved in 1989 or earlier 16

Median year renter moved into unit 2016

Most Lake Geneva, Wisconsin renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lake Geneva, Wisconsin condos for rent is 2016.

Lake Geneva, Wisconsin Renter-occupied housing units by vehicles available**

No vehicle available 215
1 vehicle available 974
2 vehicles available 704
3 vehicles available 47
4 or more vehicles available 21

When it comes to transportation options, 50% of Lake Geneva, Wisconsin renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 11% have No vehicle available.

Lake Geneva, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,550
Car, truck, or van - carpooled 413
Walked 56
Taxicab, motorcycle, bicycle, or other means 89
Worked at home 102

Lake Geneva, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,668
Moved within same county 570
Moved from different county within same state 114
Moved from different state 329

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lake Geneva, Wisconsin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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