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ZIP Code · WI

ZIP 53186

Part of Waukesha, WI
Pop. 33,374·Waukesha County·65th most expensive ZIP in Wisconsin
Median rent (all units)
$1,271/mo
Year-over-Year
-1.7%
Month-over-Month
-6.9%
vs US Median
-$694
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 53186 · $1,271
More affordable than 88% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,220
2 BR
$1,460
3 BR
$1,800
4 BR+
$1,950
Research median
$1,460/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
$15,252/yr
At $1,271/mo median
Location
StateWI
CountyWaukesha County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.7% YoY, -6.9% MoM), not inventory.
Demographics

Who lives here

ZIP 53186 (Waukesha, WI) is majority owner-occupied, skews toward younger working-age adults, 41.7% of residents hold a bachelor's degree or higher.

Population
33,374
Median income
$74,588
Median age
37
Renters
44.9%
Age distribution
16.6%
30.6%
22.2%
12.8%
17.8%
Under 1816.6%
18–3430.6%
35–5422.2%
55–6412.8%
65+17.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
83.1%
13.3%
White83.1%
Black1.2%
Hispanic13.3%
Asian2.9%
Education (25+)
22.8%
31.2%
41.7%
No HS diploma4.4%
HS diploma22.8%
Some college31.2%
Bachelor's+41.7%
Housing tenure
55.1%
44.9%
Owner55.1%
Renter44.9%

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

2021 vs 2026

How ZIP 53186 in Waukesha, WI has changed in 5 years

Income
$65,112 → $74,588
up 14.6%
Population
34,163 → 33,374
down 2.3%
Renter share
46.1% → 44.9%
-1.2 pts
Bachelor's+
41% → 41.7%
+0.7 pts

Median household income grew from $65,112 to $74,588 between 2021 and 2024, a 14.6% shift. Headcount in the area went from 34,163 to 33,374 between 2021 and 2024, a 2.3% change.

Community

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Local insights

Tips for renters in ZIP 53186

About renting in ZIP 53186

Last updated: July 20, 2026

ZIP code 53186 covers Waukesha, WI. The median rent here is $1,271/mo as of July 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,460/mo.

At 20% of local median household income ($74,588/yr), ZIP 53186 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53186?

As of July 20, 2026, the median monthly rent in ZIP 53186 (Waukesha, WI) is $1,271. This is based on aggregated data from public sources and community submissions.

How does ZIP 53186 rent compare to the US average?

ZIP 53186's median rent of $1,271/mo is $694 (35%) below the US national median of $1,965/mo.

How does ZIP 53186 compare to other ZIPs in Wisconsin?

ZIP 53186 falls in the middle range for Wisconsin, ranking #65 out of 107 ZIPs at $1,271/mo.

How much income do you need to rent in ZIP 53186?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (~$25/hour full-time) to afford the median rent of $1,271/mo in ZIP 53186. The local median household income is $74,588/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53186?

Rent in ZIP 53186 has decreased 1.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 53186 an affordable place to rent?

ZIP 53186 is considered very affordable for renters. At $1,271/mo, rent takes approximately 20% of the local median household income ($74,588/yr). The standard benchmark is 30%. ZIP 53186 falls comfortably within that range.

What percentage of ZIP 53186 residents rent vs. own?

According to Census data, approximately 44.9% of ZIP 53186 households are renters, while 55.1% are owner-occupied. ZIP 53186 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53186 compare to the rest of Waukesha?

ZIP 53186 is more affordable than Waukesha overall. At $1,271/mo, it's $219 below the Waukesha citywide median of $1,490/mo.

When was rent data for ZIP 53186 last updated?

Rent data for ZIP 53186 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,271/mo, rent takes ~20% of ZIP 53186's median household income ($74,588/yr). The standard benchmark is 30%.

ZIP 53186 20%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53186 (Waukesha, WI)

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