City Report · WI

Oak Creek

Pop. 37,325·7th most expensive in Wisconsin·Oak Creek rents are up 6.6% over the past year
Median rent (all units)
$1,816/mo
Year-over-Year
+6.6%
Month-over-Month
+1.4%
vs US Median
-$116
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Oak Creek · $1,816
More affordable than 52% of US cities · National median $1,932/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,816/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$73,000/yr
Local median income
$96,555/yr
Based on the 30%-of-income rule using Oak Creek's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,350
2 BR
$1,610
3 BR
$2,000
4 BR+
$2,180
Fair Market Rent (HUD)
$1,610/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,816 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Wisconsin

Rent in Oak Creek changed +6.6% over the year to September 2026. Across the 42 Wisconsin cities Zillow tracks, the typical change was +5.3%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($96,555) is $2,414 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,180).

Cheaper nearby

South Milwaukee, 3 miles away, rents for 37% less ($1,148/mo), about $8,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Oak Creek. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,792/yr
At $1,816/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.6% YoY, +1.4% MoM), not inventory.
Rent check

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Demographics

Who lives here

Oak Creek, WI is majority owner-occupied, has a median income above the national average, 39.4% of residents hold a bachelor's degree or higher.

Population
37,325
Median income
$96,555
Median age
39.4
Renters
42.5%
Age distribution
21.1%
23.1%
25.5%
15.2%
15.1%
Under 1821.1%
18–3423.1%
35–5425.5%
55–6415.2%
65+15.1%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
75.7%
12.2%
White75.7%
Black4.6%
Hispanic12.2%
Asian6.1%
Other1.5%
Education (25+)
26.1%
29.6%
39.4%
No HS diploma4.9%
HS diploma26.1%
Some college29.6%
Bachelor's+39.4%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How Oak Creek, WI has changed in 5 years

Income
$80,817 → $96,555
up 19.5%
Population
36,266 → 37,325
up 2.9%
Renter share
39.8% → 42.5%
+2.7 pts
Bachelor's+
37.2% → 39.4%
+2.2 pts

Census figures show median household income at $96,555 today, compared with $80,817 five years earlier. Census counts show Oak Creek, WI adding about 1,059 residents over the five-year window, up 2.9% on net. The renter share has risen from 39.8% to 42.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.2% to 39.4% across the same window.

Community

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View Oak Creek rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oak Creek on your salary?

At $1,816/mo, how Oak Creek rent compares to typical pay (30% rule).

By apartment size

Oak Creek rent by bedroom count

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

Local insights

Tips for renters in Oak Creek

About renting in Oak Creek, WI

Last updated: October 17, 2026

The median rent in Oak Creek is $1,816/mo as of October 2026. A studio apartment averages $1,200/mo while a 2-bedroom runs $1,610/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $2,000/mo.

At 23% of local median household income ($96,555/yr), Oak Creek ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Oak Creek?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,816/mo in Oak Creek. The local median household income is $96,555/yr, so the typical household meets that bar.

Is rent going up or down in Oak Creek?

Rent in Oak Creek has risen 6.6% over the past year.

How does Oak Creek rent compare to other cities in Wisconsin?

Oak Creek is one of the pricier among Wisconsin cities for rent, ranking #7 of 56 tracked cities at $1,816/mo. Over the year to September 2026, rent in Oak Creek changed +6.6%, against a typical +5.3% across the 42 Wisconsin cities Zillow tracks.

Which nearby cities are cheaper to rent in than Oak Creek?

Nearby cities with lower median rent than Oak Creek ($1,816/mo) include South Milwaukee ($1,148/mo), Greenfield ($1,426/mo), and Saint Francis ($1,460/mo).
Income Affordability
23%
VERY AFFORDABLE

At $1,816/mo, rent takes ~23% of Oak Creek's median household income ($96,555/yr). The standard benchmark is 30%.

Oak Creek 23%Benchmark 30%
State income tax3.5–7.65%
Run the Oak Creek affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oak Creek, WI

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