New Berlin, 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 New Berlin, Wisconsin rental market.
New Berlin, Wisconsin
Average Apartment Rent
$1,633
Y-o-Y Change in Average
Apartment Rent
0.5%
As of June 2026
Compared to a year ago, New Berlin, Wisconsin apartments have recorded a 0.5% rent increase.
New Berlin, Wisconsin Average apartment rent trend
New Berlin, Wisconsin Average Apartment Rent
New Berlin, Wisconsin Apartment rent ranges
At 53.54%, apartments priced $1,500 - $2,000 represent the bulk of New Berlin, Wisconsin rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 13.31%.
New Berlin, Wisconsin Housing tenure**
Renters take up 23% of New Berlin, Wisconsin real estate, occupying a total of 3,962 units, while homeowners live in 13,323 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$62,150
Average household size of renter-occupied housing units**
1.87
Rental vacancy rate**
2.3%
New Berlin, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 2,340 rentals in New Berlin, Wisconsin with 2 beds making up the highest share of the market, at 59%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 37 units. Overall, the median number of rooms in New Berlin, Wisconsin homes for rent is 3.9.
New Berlin, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in New Berlin, Wisconsin are occupied by residents in the 25 - 34 years age group (18%), followed by those in the 45 - 54 years age group (15%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
New Berlin, Wisconsin Renter-occupied housing units by family type**
New Berlin, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 1,614 apartments for rent in New Berlin, Wisconsin, or 41% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 727 units. All in all, the median size of a renter-occupied household in New Berlin, Wisconsin is 1.87.
New Berlin, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in New Berlin, Wisconsin.
New Berlin, Wisconsin Renter-occupied units by year structure built**
The highest share of New Berlin, Wisconsin apartment rentals, namely 31% or 1,222 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (17%, 661 units), and the ones Built 2000 - 2009 (16%, 625 units).
New Berlin, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most New Berlin, Wisconsin renters (50%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their New Berlin, Wisconsin condos for rent is 2017.
New Berlin, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of New Berlin, Wisconsin renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 7% have No vehicle available.
New Berlin, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
New Berlin, 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 New Berlin, 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
