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

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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

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Location, Location, Location!

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.