4175 N 91st St
MilwaukeeWI53222
Cheap Homes for Rent in Oconomowoc, WI from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Oconomowoc.
817 Arcadian Ave
WaukeshaWI53186
320 Edward St
Fort AtkinsonWI53538
close
View Me
$1,2951 Bedroom Apartments Available Now
W379N5686 N Lake Rd, Unit Apt 4
W379N5686 N Lake RdOconomowoc, WI 53066
1214 Wisteria Ln
WaukeshaWI53189
7650 W Leon Terrace
MilwaukeeWI53218
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
12111 W Bluemound Rd
WauwatosaWI53226
W246N6713 Champeny Ct
SussexWI53089
2028 S 81st St
West AllisWI53219
close
View Me
$1,6952 Bedroom Apartments Available Now
W379N5686 N Lake Rd, Unit Apt. 1
W379N5686 N Lake RdOconomowoc, WI 53066
N4527 County Road E
HustisfordWI53034
5824 N 117th St
MilwaukeeWI53225
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-12, Page 1 of 1
Oconomowoc, WI Local Guide
How much does it cost to rent a home in Oconomowoc?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oconomowoc 2 Bedroom Homes for Rent | $1,421 | $1,099 | $1,950 |
| Oconomowoc 3 Bedroom Homes for Rent | $2,282 | $1,550 | $3,450 |
| Oconomowoc 4 Bedroom Homes for Rent | $4,264 | $2,295 | $10,000+ |
| Oconomowoc 5 Bedroom Homes for Rent | $3,299 | $3,299 | $3,299 |
Browse Top Homes for Rent in Oconomowoc
Explore Oconomowoc
Oconomowoc, WI Local Guide
- Oconomowoc Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Oconomowoc, WI
Pricing Updated: 06/08/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Weston Meadows | $1,600 | $519 | 22 |
| Hickorywood Farms | $4,700 | $519 | 28 |
Cheapest Available Oconomowoc Apartments for Rent and Nearby
The cheapest available apartment rental in Oconomowoc, WI is a 1 Bed unit found at Oconomowoc School Apartments in the Hickorywood Farms neighborhood priced from $935. Morningside Orchard Apartments in the Hickorywood Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Oconomowoc apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oconomowoc School Apartments | 1x1-113 | 1BR,1BA | $935 |
| Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $1,000 |
| Berkshire Oconomowoc Senior Apartments | Unit H | 2BR,1BA | $1,458 |
| Whitman Place Apartments | Two Bedroom Deluxe | 2BR,2BA | $1,595 |
| THE GATEWAY | 2 Bedrooms 2 Bathrooms Collins | 2BR,2BA | $2,035 |
Best Value Apartments for Rent in Oconomowoc, WI and Nearby
As of June 08, 2026 the best value apartment in the Oconomowoc area is the $2.10 price per square foot THA Model at Hackney House Apartments in the in the Hickorywood Farms neighborhood starting from $3,292. The second greatest value Oconomowoc apartment is the C2-G Model at Norden Range Apartments starting at $3,055 with a $1.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hackney House Apartments | THA | 2BR,2.5BA | $2.10 |
| Norden Range Apartments | C2-G | 3BR,2BA | $1.95 |
| Whitman Place Apartments | Two Bedroom Deluxe | 2BR,2BA | $1.39 |
| 853 Thackeray Trl, Unit Townhome | 853 Thackeray Trl | 2BR,1.5BA | $1.70 |
| The Locklyn | Phase One - 2 Bedroom, 2 Bathroom with Garage | 2BR,2BA | $2.09 |
| THE GATEWAY | 2 Bedrooms 2 Bathrooms Collins | 2BR,2BA | $1.82 |
| 863 S Silver Lake St, Unit Lower unit | 863 S Silver Lake St | 3BR,1BA | $2.11 |
| Oconomowoc School Apartments | 1x1-113 | 1BR,1BA | $1.01 |
| Morningside Orchard Apartments | Furnished 2 Bedroom Apartment (Upper) | 2BR,1BA | $2.78 |
| Berkshire Oconomowoc Senior Apartments | Unit H | 2BR,1BA | $1.65 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Let everyone know!
Do you know the Oconomowoc area?
If you’re an expert on all things Oconomowoc, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Oconomowoc, WI
Silver Lake Intermediate School
Oconomowoc Area School District
Public School - Grades K-8 (595)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oconomowoc, WI Rentals by Map
See the most popular apartments and homes in Oconomowoc, WI
Frequently Asked Questions about Oconomowoc
What type of rentals are currently available in Oconomowoc?
There are currently 52 Apartments for Rent in Oconomowoc, WI with pricing that ranges from $519 to $6,339. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oconomowoc ranging from $1,099 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 $1,099 to $10,000 with an average monthly rent of $2,816.
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 $719 to $3,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $4,700.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.