Cheap Homes for Rent in Oconomowoc, WI from $900 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Oconomowoc.

Showing Results 1-6, Page 1 of 1

Oconomowoc, WI Local Guide

Cheapest Neighborhoods for Apartments in Oconomowoc, WI

Pricing Updated: 10/31/2025

Current apartment rentals in the Oconomowoc, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oconomowoc Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hickorywood Farms$3,700$1,7254
Weston Meadows$3,900$1,7251

Cheapest Available Oconomowoc Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oconomowoc, WI is a 1 Bed unit found at Morningside Orchard Apartments in the Hickorywood Farms neighborhood priced from $1,000. The Preserve at Prairie Creek in the Hickorywood Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,228. Here is today’s list of the most affordable Oconomowoc apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$1,000
The Preserve at Prairie CreekStandardStudio,1BA$1,228
The LocklynPhase One - Deluxe StudioStudio,1BA$1,319

Best Value Apartments for Rent in Oconomowoc, WI and Nearby

As of November 01, 2025 the best value apartment in the Oconomowoc area is the $2.26 price per square foot THA Model at Hackney House Apartments in the in the Hickorywood Farms neighborhood starting from $3,535. The second greatest value Oconomowoc apartment is the 2 Bedrooms 2 Bathrooms Fowler Model at THE GATEWAY starting at $2,185 with a $1.68 price per square foot in the Hickorywood Farms neighborhood. Here is today’s list of the best values for Oconomowoc apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hackney House ApartmentsTHA2BR,2.5BA$2.26
THE GATEWAY2 Bedrooms 2 Bathrooms Fowler2BR,2BA$1.68
W379N5686 N Lake Rd, Unit Unit 1W379N5686 N Lake Rd2BR,2BA$2.00
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.30
155 E Wisconsin Ave, Unit D155 E Wisconsin Ave2BR,1BA$1.31
Berkshire Oconomowoc Senior ApartmentsUnit D2BR,1BA$1.46
N843 Amanda St, Unit 3 LowerN843 Amanda St2BR,1BA$1.21
The LocklynPhase One - 1 Bedroom, 1 Bathroom with Garage1BR,1BA$2.31
Norden Range ApartmentsA11BR,1BA$2.18
The Preserve at Prairie CreekStandardStudio ,1BA$2.36

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Oconomowoc, WI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oconomowoc, WI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Oconomowoc, WI

View Map
Oconomowoc, WI Apartments Map
View Map
Oconomowoc, WI Rental Homes Map

Frequently Asked Questions about Oconomowoc

What type of rentals are currently available in Oconomowoc?

There are currently 51 Apartments for Rent in Oconomowoc, WI with pricing that ranges from $499 to $6,000. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oconomowoc ranging from $995 to $10,000.

What is the current price range for Rental Homes in Oconomowoc?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oconomowoc ranges from $995 to $10,000 with an average monthly rent of $2,988.

How much are larger Three and Four Bedroom Rentals in Oconomowoc?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oconomowoc range from $772 to $4,723, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $6,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.