At $1,547/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,547 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($100,231) is $2,506 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,990).
From Zillow's monthly rent index (ZORI) for Germantown. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Germantown, WI is majority owner-occupied, has a median income above the national average, 47.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Germantown, WI has changed in 5 years
Household income in the area moved from $94,278 to $100,231 across the same window, up 6.3% versus 2021. College-educated residents now make up 47.4% of adults here, versus 44.9% in 2021.
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Can you afford rent in Germantown on your salary?
At $1,547/mo, how Germantown rent compares to typical pay (30% rule).
Germantown rent by bedroom count
Median rent for each apartment size in Germantown. Click any size for full breakdown.
Tips for renters in Germantown
Last updated: October 17, 2026
The median rent in Germantown is $1,547/mo as of October 2026. A studio apartment averages $1,100/mo while a 2-bedroom runs $1,470/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $1,820/mo.
At 19% of local median household income ($100,231/yr), Germantown ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Germantown?
Is rent going up or down in Germantown?
How does Germantown rent compare to other cities in Wisconsin?
Which nearby cities are cheaper to rent in than Germantown?
At $1,547/mo, rent takes ~19% of Germantown's median household income ($100,231/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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