Oak Creek, 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 Oak Creek, Wisconsin rental market.
Oak Creek, Wisconsin
Average Apartment Rent
$1,700
Y-o-Y Change in Average
Apartment Rent
3.3%
As of May 2026
Compared to a year ago, Oak Creek, Wisconsin apartments have recorded a 3.3% rent increase.
Oak Creek, Wisconsin Average apartment rent trend
Oak Creek, Wisconsin Average Apartment Rent
Oak Creek, Wisconsin Apartment rent ranges
At 45.95%, apartments priced $1,500 - $2,000 represent the bulk of Oak Creek, Wisconsin rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.47%.
Oak Creek, Wisconsin Housing tenure**
Renters take up 41% of Oak Creek, Wisconsin real estate, occupying a total of 6,296 units, while homeowners live in 9,050 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$68,770
Average household size of renter-occupied housing units**
1.99
Rental vacancy rate**
2.9%
Oak Creek, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 2,846 rentals in Oak Creek, Wisconsin with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 209 units. Overall, the median number of rooms in Oak Creek, Wisconsin homes for rent is 3.9.
Oak Creek, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in Oak Creek, Wisconsin are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 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 – 3%.
Oak Creek, Wisconsin Renter-occupied housing units by family type**
Oak Creek, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 2,523 apartments for rent in Oak Creek, Wisconsin, or 40% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 1,260 units. All in all, the median size of a renter-occupied household in Oak Creek, Wisconsin is 1.99.
Oak Creek, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Oak Creek, Wisconsin.
Oak Creek, Wisconsin Renter-occupied units by year structure built**
The highest share of Oak Creek, Wisconsin apartment rentals, namely 25% or 1,590 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (18%, 1,132 units), and the ones Built 1980 - 1989 (17%, 1,072 units).
Oak Creek, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Oak Creek, Wisconsin renters (40%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Oak Creek, Wisconsin condos for rent is 2018.
Oak Creek, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Oak Creek, Wisconsin renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 8% have No vehicle available.
Oak Creek, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
Oak Creek, 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 Oak Creek, 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
