City Report · WI

Germantown

Pop. 20,962·13th most expensive in Wisconsin·Rental market data updated monthly for Germantown, WI
Median rent (all units)
$1,717/mo
Year-over-Year
Stable
Month-over-Month
-2.0%
vs US Median
-$248
Falling (Monthly)
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Most AffordableMost Expensive
Germantown · $1,717
More affordable than 60% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,717/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$100,231/yr
Based on the 30%-of-income rule using Germantown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,230
2 BR
$1,470
3 BR
$1,820
4 BR+
$1,990
Research median
$1,470/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,604/yr
At $1,717/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.0% MoM), not inventory.
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Demographics

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.

Population
20,962
Median income
$100,231
Median age
44.1
Renters
22.8%
Age distribution
22.5%
14.6%
28.2%
17%
17.8%
Under 1822.5%
18–3414.6%
35–5428.2%
55–6417%
65+17.8%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
85.1%
White85.1%
Black3.8%
Hispanic3.1%
Asian5.6%
Other2.4%
Education (25+)
20.9%
27.7%
47.4%
No HS diploma4%
HS diploma20.9%
Some college27.7%
Bachelor's+47.4%
Housing tenure
77.2%
22.8%
Owner77.2%
Renter22.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Germantown, WI has changed in 5 years

Income
$94,278 → $100,231
up 6.3%
Population
20,780 → 20,962
up 0.9%
Renter share
21.9% → 22.8%
+0.9 pts
Bachelor's+
44.9% → 47.4%
+2.5 pts
Median age
40.6 → 44.1
+3.5 yrs

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.

Community

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View Germantown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Germantown on your salary?

At $1,717/mo, how Germantown rent compares to typical pay (30% rule).

By apartment size

Germantown rent by bedroom count

Median rent for each apartment size in Germantown. Click any size for full breakdown.

Local insights

Tips for renters in Germantown

About renting in Germantown, WI

Last updated: July 20, 2026

The median rent in Germantown is $1,717/mo as of July 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 21% 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.

FAQ

Frequently asked questions

Is Germantown an affordable city for renters?

Germantown is considered very affordable for renters. At $1,717/mo, rent takes approximately 21% of the local median household income ($100,231/yr). The standard benchmark is 30%. Germantown falls comfortably within that range.

How much income do you need to rent in Germantown?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,717/mo in Germantown. The local median household income is $100,231/yr, meaning the typical Germantown household meets that threshold.

Is rent going up or down in Germantown?

Rent in Germantown has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Germantown rent compare to other cities in Wisconsin?

Germantown is one of the pricier cities in Wisconsin for rent, ranking #13 out of 62 tracked cities at $1,717/mo.

Which nearby cities are cheaper to rent in than Germantown?

Several nearby cities have lower median rents than Germantown ($1,717/mo): West Bend ($1,425/mo), Brown Deer ($1,618/mo).

What percentage of Germantown residents rent vs. own?

According to Census data, approximately 22.8% of Germantown households are renters, while 77.2% are owner-occupied. Germantown leans toward homeownership, which can mean a smaller rental inventory.

How does Germantown rent compare to the national average?

Germantown's median rent of $1,717/mo is $248 (13%) below the US national median of $1,965/mo. Within Wisconsin, it ranks #13 out of 62 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,717/mo, rent takes ~21% of Germantown's median household income ($100,231/yr). The standard benchmark is 30%.

Germantown 21%Benchmark 30%
State income tax3.5–7.65%
Run the Germantown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Germantown, WI

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