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City Report · WI

Menomonee Falls

Pop. 39,539·2nd most expensive in Wisconsin·Rental market data updated monthly for Menomonee Falls, WI
Median rent (all units)
$2,210/mo
Year-over-Year
Stable
Month-over-Month
+23.6%
vs US Median
+$245
Rising (Monthly)
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Most AffordableMost Expensive
Menomonee Falls · $2,210
More expensive than 69% of US cities · National median $1,965/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $2,210/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$88,000/yr
Local median income
$100,238/yr
Based on the 30%-of-income rule using Menomonee Falls's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,140
1 BR
$1,280
2 BR
$1,520
3 BR
$1,880
4 BR+
$2,060
Research median
$1,520/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
$26,520/yr
At $2,210/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +23.6% MoM), not inventory.
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Demographics

Who lives here

Menomonee Falls, WI is majority owner-occupied, has a large retiree population, has a median income above the national average, 48.2% of residents hold a bachelor's degree or higher.

Population
39,539
Median income
$100,238
Median age
42.4
Renters
26%
Age distribution
22.7%
17%
26%
13.3%
21%
Under 1822.7%
18–3417%
35–5426%
55–6413.3%
65+21%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
83.6%
White83.6%
Black3.6%
Hispanic4.8%
Asian5.6%
Other2.4%
Education (25+)
24%
23.5%
48.2%
No HS diploma4.3%
HS diploma24%
Some college23.5%
Bachelor's+48.2%
Housing tenure
74%
26%
Owner74%
Renter26%

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

2021 vs 2026

How Menomonee Falls, WI has changed in 5 years

Income
$90,636 → $100,238
up 10.6%
Population
38,219 → 39,539
up 3.5%
Renter share
25% → 26%
+1.0 pts
Bachelor's+
47.7% → 48.2%
+0.5 pts
Median age
41.6 → 42.4
+0.8 yrs

Local incomes tracked alongside that move, going from a median of $90,636 in 2021 to $100,238 more recently. The population has grown by 3.5% since 2021, moving from about 38,219 residents to roughly 39,539.

Community

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View Menomonee Falls rent history (2015–2026) →
Salary vs rent

Can you afford rent in Menomonee Falls on your salary?

At $2,210/mo, how Menomonee Falls rent compares to typical pay (30% rule).

By apartment size

Menomonee Falls rent by bedroom count

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

Local insights

Tips for renters in Menomonee Falls

About renting in Menomonee Falls, WI

Last updated: July 20, 2026

The median rent in Menomonee Falls is $2,210/mo as of July 2026. A studio apartment averages $1,140/mo while a 2-bedroom runs $1,520/mo. One-bedroom apartments average $1,280/mo and 3-bedroom units go for $1,880/mo.

At 26% of local median household income ($100,238/yr), Menomonee Falls ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Menomonee Falls an affordable city for renters?

Menomonee Falls is considered affordable for renters. At $2,210/mo, rent takes approximately 26% of the local median household income ($100,238/yr). The standard benchmark is 30%. Menomonee Falls falls comfortably within that range.

How much income do you need to rent in Menomonee Falls?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,210/mo in Menomonee Falls. The local median household income is $100,238/yr, meaning the typical Menomonee Falls household meets that threshold.

Is rent going up or down in Menomonee Falls?

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

How does Menomonee Falls rent compare to other cities in Wisconsin?

Menomonee Falls is one of the pricier cities in Wisconsin for rent, ranking #2 out of 62 tracked cities at $2,210/mo.

Which nearby cities are cheaper to rent in than Menomonee Falls?

Several nearby cities have lower median rents than Menomonee Falls ($2,210/mo): Brown Deer ($1,618/mo), Germantown ($1,717/mo), Wauwatosa ($1,722/mo).

What percentage of Menomonee Falls residents rent vs. own?

According to Census data, approximately 26% of Menomonee Falls households are renters, while 74% are owner-occupied. Menomonee Falls leans toward homeownership, which can mean a smaller rental inventory.

How does Menomonee Falls rent compare to the national average?

Menomonee Falls's median rent of $2,210/mo is $245 (12%) above the US national median of $1,965/mo. Within Wisconsin, it ranks #2 out of 62 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,210/mo, rent takes ~26% of Menomonee Falls's median household income ($100,238/yr). The standard benchmark is 30%.

Menomonee Falls 26%Benchmark 30%
State income tax3.5–7.65%
Run the Menomonee Falls affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Menomonee Falls, WI

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