Menomonee Falls, Wisconsin Rental Market Trends
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 Menomonee Falls, Wisconsin rental market.
Menomonee Falls, Wisconsin
Average Apartment Rent
$1,852
Y-o-Y Change in Average
Apartment Rent
2.2%
As of June 2026
Compared to a year ago, Menomonee Falls, Wisconsin apartments have recorded a 2.2% rent increase.
Menomonee Falls, Wisconsin Average apartment rent trend
Menomonee Falls, Wisconsin Average Apartment Rent
Menomonee Falls, Wisconsin Apartment rent ranges
At 40.69%, apartments priced $1,500 - $2,000 represent the bulk of Menomonee Falls, Wisconsin rentals, while condos priced Under $1,000 hold the lowest share of the market – 1%.
Menomonee Falls, Wisconsin Housing tenure**
Renters take up 25% of Menomonee Falls, Wisconsin real estate, occupying a total of 4,004 units, while homeowners live in 11,944 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$45,969
Average household size of renter-occupied housing units**
1.67
Rental vacancy rate**
6.8%
Menomonee Falls, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 1,615 rentals in Menomonee Falls, Wisconsin with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 56 units. Overall, the median number of rooms in Menomonee Falls, Wisconsin homes for rent is 3.7.
Menomonee Falls, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in Menomonee Falls, Wisconsin are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 85 years and over age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Menomonee Falls, Wisconsin Renter-occupied housing units by family type**
Menomonee Falls, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 1,294 apartments for rent in Menomonee Falls, Wisconsin, or 32% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 610 units. All in all, the median size of a renter-occupied household in Menomonee Falls, Wisconsin is 1.67.
Menomonee Falls, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Menomonee Falls, Wisconsin.
Menomonee Falls, Wisconsin Renter-occupied units by year structure built**
The highest share of Menomonee Falls, Wisconsin apartment rentals, namely 24% or 942 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (15%, 607 units), and the ones Built 1980 - 1989 (15%, 599 units).
Menomonee Falls, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Menomonee Falls, Wisconsin renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Menomonee Falls, Wisconsin condos for rent is 2016.
Menomonee Falls, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Menomonee Falls, Wisconsin renters have 1 vehicle available per household, 25% of them have 2 vehicles available, and 19% have No vehicle available.
Menomonee Falls, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
Menomonee Falls, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Menomonee Falls, 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
