
Cheap Homes for Rent in Oconomowoc, WI from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Oconomowoc.


15315 Marilyn Dr

W360N7335 Brown St, Unit 7333

425 E Monroe Ave
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.

700 Mansfield Ct

N 64 W23356-W24126 Main St

405 S Hine Ave

229 James St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,785 | $1,099 | $2,850 |
| Oconomowoc 3 Bedroom Homes for Rent | $2,142 | $1,300 | $2,775 |
| Oconomowoc 4 Bedroom Homes for Rent | $4,450 | $2,100 | $10,000+ |
| Oconomowoc 5 Bedroom Homes for Rent | $2,575 | $2,575 | $2,575 |
Browse Top Homes for Rent in Oconomowoc
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Oconomowoc, WI Local Guide
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Cheapest Neighborhoods for Apartments in Oconomowoc, WI
Pricing Updated: 12/19/2025Current 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 | $1,595 | $499 | 101 |
| Hickorywood Farms | $6,000 | $499 | 152 |
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. Whitman Park Apartments in the Hickorywood Farms neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Oconomowoc apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $1,000 |
| Whitman Park Apartments | Two Bed, One Bath | 2BR,1BA | $1,195 |
| The Preserve at Prairie Creek | Standard | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Oconomowoc, WI and Nearby
As of December 19, 2025 the best value apartment in the Oconomowoc area is the $1.58 price per square foot D1 Model at Worthington Apartments in the in the Hickorywood Farms neighborhood starting from $1,895. The second greatest value Oconomowoc apartment is the Two Bedroom Deluxe Model at Whitman Place Apartments starting at $1,550 with a $1.35 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. |
|---|---|---|---|
| Worthington Apartments | D1 | 2BR,2BA | $1.58 |
| Whitman Place Apartments | Two Bedroom Deluxe | 2BR,2BA | $1.35 |
| River Park Apartments | 2 Bed, 2 Bath lower | 2BR,2BA | $1.14 |
| Berkshire Oconomowoc Senior Apartments | Unit D | 2BR,1BA | $1.46 |
| Whitman Park Apartments | Two Bed, One Bath | 2BR,1BA | $1.26 |
| THE GATEWAY | 1 Bedroom 1 Bathroom Wisconsin | 1BR,1BA | $2.02 |
| Norden Range Apartments | A1 | 1BR,1BA | $2.02 |
| Lake Country Village Apartments | Remodeled 1B1B | 1BR,1BA | $1.92 |
| The Preserve at Prairie Creek | 1-Bedroom Standard with Garage | 1BR,1BA | $2.35 |
| The Locklyn | Phase One - Deluxe Studio | Studio ,1BA | $2.36 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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
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 49 Apartments for Rent in Oconomowoc, WI with pricing that ranges from $499 to $6,213. There are also 38 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 $2,738.
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 $6,213, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,775. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $6,000.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.