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ZIP Code · WI

ZIP 53188

Part of Waukesha, WI
Pop. 34,892·Waukesha County·38th most expensive ZIP in Wisconsin
Median rent (all units)
$1,595/mo
Year-over-Year
Stable
Month-over-Month
+4.7%
vs US Median
-$370
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53188 · $1,595
More affordable than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,350
2 BR
$1,610
3 BR
$1,980
4 BR+
$2,150
Research median
$1,610/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
$19,140/yr
At $1,595/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, +4.7% MoM), not inventory.
Demographics

Who lives here

ZIP 53188 (Waukesha, WI) is majority owner-occupied, has a median income above the national average, 43% of residents hold a bachelor's degree or higher.

Population
34,892
Median income
$92,409
Median age
40.5
Renters
32.9%
Age distribution
20.6%
23.2%
23%
15.4%
17.8%
Under 1820.6%
18–3423.2%
35–5423%
55–6415.4%
65+17.8%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
82.9%
White82.9%
Black3%
Hispanic10.4%
Asian2.5%
Other1.3%
Education (25+)
20.2%
33.4%
43%
No HS diploma3.3%
HS diploma20.2%
Some college33.4%
Bachelor's+43%
Housing tenure
67.1%
32.9%
Owner67.1%
Renter32.9%

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

2021 vs 2026

How ZIP 53188 in Waukesha, WI has changed in 5 years

Income
$79,410 → $92,409
up 16.4%
Population
34,338 → 34,892
up 1.6%
Renter share
35.2% → 32.9%
-2.3 pts
Bachelor's+
43.2% → 43%
-0.2 pts
Median age
38.2 → 40.5
+2.3 yrs

Household income in the area moved from $79,410 to $92,409 across the same window, up 16.4% versus 2021. Census counts show ZIP 53188 in Waukesha, WI adding about 554 residents over the five-year window, up 1.6% on net. The renter share has eased from 35.2% to 32.9%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 53188

Last updated: July 20, 2026

ZIP code 53188 covers Waukesha, WI. The median rent here is $1,595/mo as of July 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,610/mo.

At 21% of local median household income ($92,409/yr), ZIP 53188 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 53188?

As of July 20, 2026, the median monthly rent in ZIP 53188 (Waukesha, WI) is $1,595. This is based on aggregated data from public sources and community submissions.

How does ZIP 53188 rent compare to the US average?

ZIP 53188's median rent of $1,595/mo is $370 (19%) below the US national median of $1,965/mo.

How does ZIP 53188 compare to other ZIPs in Wisconsin?

ZIP 53188 falls in the middle range for Wisconsin, ranking #38 out of 107 ZIPs at $1,595/mo.

How much income do you need to rent in ZIP 53188?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,595/mo in ZIP 53188. The local median household income is $92,409/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53188?

Rent in ZIP 53188 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53188 an affordable place to rent?

ZIP 53188 is considered very affordable for renters. At $1,595/mo, rent takes approximately 21% of the local median household income ($92,409/yr). The standard benchmark is 30%. ZIP 53188 falls comfortably within that range.

What percentage of ZIP 53188 residents rent vs. own?

According to Census data, approximately 32.9% of ZIP 53188 households are renters, while 67.1% are owner-occupied. ZIP 53188 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53188 compare to the rest of Waukesha?

ZIP 53188 is pricier than Waukesha as a whole. At $1,595/mo, it's $105 above the Waukesha citywide median of $1,490/mo.

When was rent data for ZIP 53188 last updated?

Rent data for ZIP 53188 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,595/mo, rent takes ~21% of ZIP 53188's median household income ($92,409/yr). The standard benchmark is 30%.

ZIP 53188 21%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53188 (Waukesha, WI)

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