The Reef Apartments
1215 N 62nd St,
Wauwatosa, WI 53213
Studio - 3 Beds | $1,358 - $3,980
Rental Market Trends in Wauwatosa, WI
What is the average rent in Wauwatosa, WI?
$1,443/month
Average Rent
737 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of February 2025, the average rent in Wauwatosa, WI is $1,443 per month. For comparison, the national average rent price in the US is currently $1,556/month, which means Wauwatosa rent prices are 7% lower than the national average. When you rent an apartment in Wauwatosa, you can expect to pay about $1,321 per month for a studio, $1,443 for a one-bedroom apartment, and around $1,710 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,384 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Wauwatosa, WI?
In the past year, rent has decreased by 0.7%, which averages out to $10 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Wauwatosa, WI
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
15%
$700 - $1,000/month
37%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
11%
Above $2,000/month
What salary do I need to live comfortably in Wauwatosa, WI?
Because the average rent in Wauwatosa is $1,443, you’ll want to make about $4,810 per month or $57,720 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Wauwatosa, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Wauwatosa, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Wauwatosa, WI
Mandel Group
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24
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4,667
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14
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MSP Real Estate Inc
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22
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1,744
Units
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12
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3 Communities in Wauwatosa
Atlantic Residential
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19
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5,088
Units
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15
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2 Communities in Wauwatosa
PRM Property Management
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18
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2,708
Units
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12
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2 Communities in Wauwatosa
Prairie Management & Development, Inc.
-
16
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3,418
Units
-
9
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2 Communities in Wauwatosa
Inland Real Estate
-
77
Communities
-
19,268
Units
-
56
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1 Community in Wauwatosa
Oakbrook Corporation
-
42
Communities
-
4,141
Units
-
26
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1 Community in Wauwatosa
New Earth Residential
-
45
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9,668
Units
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21
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1 Community in Wauwatosa
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.