Verona, 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 Verona, Wisconsin rental market.

Verona, Wisconsin

Average Apartment Rent

$1,943

Y-o-Y Change in Average
Apartment Rent

4.4%

As of May 2026

Compared to a year ago, Verona, Wisconsin apartments have recorded a 4.4% rent increase.

Verona, 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
Verona $1,637 $1,640 $1,745 $1,788 $1,863 $1,881 $1,871 $1,890 $1,930
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Verona
National
Jul 2023
$1,637
$1,741
Nov 2023
$1,640
$1,732
Mar 2024
$1,745
$1,736
Jul 2024
$1,788
$1,756
Nov 2024
$1,863
$1,749
Mar 2025
$1,881
$1,755
Jul 2025
$1,871
$1,767
Nov 2025
$1,890
$1,753
Mar 2026
$1,930
$1,750

Verona, Wisconsin Average Apartment Rent

Verona, 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 49.83%, apartments priced $1,500 - $2,000 represent the bulk of Verona, Wisconsin rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.9%.

Verona, Wisconsin Housing tenure**

Renter occupied housing units 1,584
Owner occupied housing units 4,127

Renters take up 28% of Verona, Wisconsin real estate, occupying a total of 1,584 units, while homeowners live in 4,127 properties.

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

3.6

Renter median household income**

$51,071

Average household size of renter-occupied housing units**

1.68

Rental vacancy rate**

7.6%

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

No bedrooms 119
1 bed 649
2 beds 586
3 beds 149
4 beds 81

There are 649 rentals in Verona, Wisconsin with 1 bed making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (5%), amounting to 81 units. Overall, the median number of rooms in Verona, Wisconsin homes for rent is 3.6.

Verona, Wisconsin Renter-occupied units by age of householder**

15 - 24 years 254
25 - 34 years 225
35 - 44 years 224
45 - 54 years 327
55 - 59 years 149
65 - 74 years 86
75 - 84 years 104
85 years and over 215

Most condos for rent in Verona, Wisconsin are occupied by residents in the 45 - 54 years age group (21%), followed by those in the 15 - 24 years age group (16%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 5%.

Verona, Wisconsin Renter-occupied housing units by family type**

Family households 594
Non-Family Households 990

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

With related children of the householder under 18 288
No related children of the householder under 18 1,296

A total of 594 apartments for rent in Verona, Wisconsin, or 38% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 288 units. All in all, the median size of a renter-occupied household in Verona, Wisconsin is 1.68.

Verona, Wisconsin Renter-occupied housing units by educational attainment**

Less than high school graduate 98
High school graduate (including equivalency) 240
Some college or associate's degree 366
Bachelor's degree or higher 880

In terms of education, renters holding bachelor degrees or higher make up 56% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Verona, Wisconsin.

Verona, Wisconsin Renter-occupied units by year structure built**

Built 2020 or later 20
Built 2010 - 2019 572
Built 2000 - 2009 209
Built 1990 - 1999 325
Built 1980 - 1989 151
Built 1970 - 1979 49
Built 1960 - 1969 209
Built 1950 - 1959 49

The highest share of Verona, Wisconsin apartment rentals, namely 36% or 572 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (21%, 325 units), and the ones Built 1960 - 1969 (13%, 209 units).

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

Moved in 2021 or later 167
Moved in 2018 to 2020 637
Moved in 2010 to 2017 612
Moved in 2000 to 2009 132
Moved in 1989 or earlier 36

Median year renter moved into unit 2018

Most Verona, Wisconsin renters (40%) moved in 2018 to 2020, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Verona, Wisconsin condos for rent is 2018.

Verona, Wisconsin Renter-occupied housing units by vehicles available**

No vehicle available 178
1 vehicle available 975
2 vehicles available 381
3 vehicles available 37
5 or more vehicles available 13

When it comes to transportation options, 62% of Verona, Wisconsin renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 11% have No vehicle available.

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

Car, truck, or van - drove alone 1,234
Car, truck, or van - carpooled 54
Walked 25
Taxicab, motorcycle, bicycle, or other means 89
Worked at home 172

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

Same house as 1 year ago 1,876
Moved within same county 447
Moved from different county within same state 49
Moved from different state 242
Moved from abroad 54

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 Verona, 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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