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  3. Aerial - The Locklyn
    Exceptional Value
    STUDIO
    $1,392+
    1 BED
    $1,548+
    2 BEDS
    $2,058+
    3 BEDS
    $2,701+

    The Locklyn

    1350 Kari Ct, Oconomowoc, WI 53066
    (262) 587-5181
  17. 2 BEDS, 2 BATHS
    $3,050
    Total Monthly Price Total Monthly Price New
    Base Rent$3,050
    Required Monthly FeesNone
    Total Monthly Price$3,050

    1611 Belmont Ln Unit VC II - 1611

    1611 Belmont Ln, Oconomowoc, WI 53066
    Apply
  18. 1 BED, 1 BATH
    $1,200
    Total Monthly Price Total Monthly Price New
    Base Rent$1,200
    Required Monthly FeesNone
    Total Monthly Price$1,200

    532 W South St Unit 2 - upper

    532 W South St, Oconomowoc, WI 53066
    Apply
  19. 3 BEDS, 1.5 BATHS
    $1,700
    Total Monthly Price Total Monthly Price New
    Base Rent$1,700
    Required Monthly FeesNone
    Total Monthly Price$1,700

    123 Marcella St

    123 Marcella St, Oconomowoc, WI 53066
    Apply
  24. 2 BEDS, 1 BATH
    $1,050

    322 W 5th St

    322 W 5th St, Oconomowoc, WI 53066

Oconomowoc at a Glance

Average Rent

$1,465
(All bedrooms and property types)
Learn more about
Average Rent in Oconomowoc
6

School Rating

out of 10 Rating
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Schools in Oconomowoc

Oconomowoc, WI Apartments for Rent

In the heart of Wisconsin's Lake Country, Oconomowoc takes its name from the Potawatomi word meaning "waterfall" or "where the waters meet." It's a perfect description for this scenic city in Waukesha County, surrounded by beautiful lakes. With a population of over 18,000, this historic community offers a welcoming small-town feel while keeping you close to urban conveniences. If you're looking for apartments for rent in Oconomowoc, you'll discover a lakeside setting that blends natural beauty with a strong community spirit, making it an ideal spot for renters who want both peace and connection.

Renting in Oconomowoc means year-round outdoor fun on the area's many lakes. Summer brings swimming and water skiing, while winter offers ice fishing and skating. The historic downtown area along Wisconsin Avenue features restaurants, specialty shops, and entertainment options within walking distance of many apartment communities. As a renter, you'll love the city's location just 30 minutes west of Milwaukee via Interstate 94. This gives you an easy commute if you work in the metro area, plus more affordable living costs. With a median household income of nearly $98,000 and average one-bedroom rents around $1,400, the city attracts diverse renters who enjoy the arts scene, weekly farmer's market, and community events happening throughout the year.

Renting in Oconomowoc

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Public University
Private University
Public University
Private University
Private University
GreatSchools Rating
Oconomowoc High

Public High School

Public
Grades 9-12
1,662 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Frequently asked questions about renting in Oconomowoc, WI

What are the average rent costs in Oconomowoc, WI?

The average rent in Oconomowoc, WI is $1,465.

What are the average rent costs of a studio apartment in Oconomowoc, WI?

The average rent for a studio apartment in Oconomowoc, WI is $1,276.

What are the average rent costs of a one bedroom apartment in Oconomowoc, WI?

The average rent for a 1 bedroom apartment in Oconomowoc, WI is $1,465.

What are the average rent costs of a two bedroom apartment in Oconomowoc, WI?

The average rent for a 2 bedroom apartment in Oconomowoc, WI is $1,950.

What are the average rent costs of a three bedroom apartment in Oconomowoc, WI?

The average rent for a 3 bedroom apartment in Oconomowoc, WI is $2,488.

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