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ZIP Code · WI

ZIP 53051

Pop. 39,559·Waukesha County·2nd most expensive ZIP in Wisconsin
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
ZIP 53051 · $2,210
More expensive than 70% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,370
2 BR
$1,640
3 BR
$2,020
4 BR+
$2,190
Research median
$1,640/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
Location
StateWI
CountyWaukesha County
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.
Demographics

Who lives here

ZIP 53051 (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
39,559
Median income
$100,031
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 ZIP 53051 in Menomonee Falls, WI has changed in 5 years

Income
$90,722 → $100,031
up 10.3%
Population
38,250 → 39,559
up 3.4%
Renter share
24.9% → 26%
+1.1 pts
Bachelor's+
47.7% → 48.2%
+0.5 pts
Median age
41.6 → 42.4
+0.8 yrs

Household income in the area moved from $90,722 to $100,031 across the same window, up 10.3% versus 2021. Headcount in the area went from 38,250 to 39,559 between 2021 and 2024, a 3.4% change.

Community

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Local insights

Tips for renters in ZIP 53051

About renting in ZIP 53051

Last updated: July 20, 2026

ZIP code 53051 covers Menomonee Falls, WI. The median rent here is $2,210/mo as of July 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,640/mo.

At 27% of local median household income ($100,031/yr), ZIP 53051 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53051?

As of July 20, 2026, the median monthly rent in ZIP 53051 (Menomonee Falls, WI) is $2,210. This is based on aggregated data from public sources and community submissions.

How does ZIP 53051 rent compare to the US average?

ZIP 53051's median rent of $2,210/mo is $245 (12%) above the US national median of $1,965/mo.

How does ZIP 53051 compare to other ZIPs in Wisconsin?

ZIP 53051 is one of the pricier ZIP codes in Wisconsin, ranking #2 out of 107 ZIPs tracked at $2,210/mo.

How much income do you need to rent in ZIP 53051?

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 ZIP 53051. The local median household income is $100,031/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53051?

Rent in ZIP 53051 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53051 an affordable place to rent?

ZIP 53051 is considered affordable for renters. At $2,210/mo, rent takes approximately 27% of the local median household income ($100,031/yr). The standard benchmark is 30%. ZIP 53051 falls comfortably within that range.

What percentage of ZIP 53051 residents rent vs. own?

According to Census data, approximately 26% of ZIP 53051 households are renters, while 74% are owner-occupied. ZIP 53051 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53051 compare to the rest of Menomonee Falls?

ZIP 53051 sits right at the Menomonee Falls citywide median of $2,210/mo.

When was rent data for ZIP 53051 last updated?

Rent data for ZIP 53051 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,210/mo, rent takes ~27% of ZIP 53051's median household income ($100,031/yr). The standard benchmark is 30%.

ZIP 53051 27%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53051 (Menomonee Falls, WI)

Recent submissions

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