Department of Numbers

Waukesha County Wisconsin Residential Rent and Rental Statistics

The median monthly gross residential rent in Waukesha County WI was $1,006 in 2017 according to the Census ACS survey.1 Average gross rent in Waukesha County was $1,057 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Waukesha County median and average rent data will be released in September of 2019.

Data is also available below for Waukesha County rental vacancy rates, Waukesha County rent as a percent of median income and the fraction of renters in Waukesha County.

Show dollars as: Nominal Real

Real Gross Rent in Waukesha County Wisconsin (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Wisconsin Median Gross Rent $819 +0.61% +2.25%
Waukesha County WI Median Gross Rent $1,006 +1.51% +4.90%

Waukesha County WI Real Gross Rent Trends

Median gross rent for Waukesha County peaked in real terms in 2008 at $1,011 and is now $5 (0.49%) lower. From a recent low of 909.0 in 2013, real median gross rent has now increased by $97 (10.67%). Average gross rent for Waukesha County peaked in real terms in 2008 at $1,075 and is now $18 (1.67%) lower. From a recent low of 945.0 in 2012, real average gross rent has now increased by $112 (11.85%).

Real Gross Rent: Waukesha County WI Median, Waukesha County WI Average, Wisconsin Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Waukesha County

Date US
Median
Wisconsin
Median
Waukesha County WI
Median
Waukesha County WI
Average
2017 $1,012 $819 $1,006 $1,057
2016 $996 $814 $991 $1,017
2015 $987 $815 $997 $1,035
2014 $956 $801 $959 $1,014
2013 $924 $774 $909 $949
2012 $912 $767 $910 $945
2011 $912 $774 $972 $976
2010 $927 $775 $945 $1,051
2009 $931 $783 $920 $948
2008 $947 $809 $1,011 $1,075
2007 $899 $767 $930 $954
2006 $909 $784 $999 $982

Waukesha County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Waukesha County Wisconsin was 4.68% according to Census ACS data.

Rental Vacancy Rate in Waukesha County Wisconsin

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Wisconsin 5.20% +0.35% +0.56%
Waukesha County WI 4.68% +1.93% +0.91%

Trends in Waukesha County WI Rental Vacancy Rate

The rental vacancy rate in Waukesha County peaked in 2006 at 8.08%. Since then it has fallen by 3.40% to 4.68%. Data records for this series originated in 2005. From a 2009 post peak low of 1.94%, the rental vacancy rate has increased by 2.74%.

Rental Vacancy Rate: Waukesha County WI, Wisconsin, US

Rental vacancy rate in Wisconsin

Historical Rental Vacancy Rate data for Waukesha County

Date US Wisconsin Waukesha County WI
2017 6.18% 5.20% 4.68%
2016 5.89% 4.85% 2.75%
2015 5.85% 4.67% 2.50%
2014 6.32% 4.64% 3.77%
2013 6.49% 5.22% 3.84%
2012 6.77% 5.48% 4.14%
2011 7.40% 5.17% 4.47%
2010 8.17% 6.16% 6.54%
2009 8.43% 5.86% 1.94%
2008 7.86% 6.26% 3.10%
2007 7.87% 6.83% 4.37%
2006 7.70% 7.18% 8.08%

Rent as a Fraction of Income

Using median household income data for Waukesha County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Waukesha County, median monthly gross rent as a fraction of median household income was 14.68% in 2017 according to the ACS.

Waukesha County Wisconsin Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Wisconsin 16.57% -0.37% -1.26%
Waukesha County WI 14.68% +0.37% -0.11%

Trends in Waukesha County WI Rent as a Fraction of Income

The fraction of median Waukesha County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 15.35%. Since then it has fallen by 0.67% to 14.68%.

Fraction of Income towards Rent: Waukesha County WI, Wisconsin, US

Percent of median household income going towards median monthly gross rent in Waukesha County Wisconsin

Historical Data for Annual Rent as a Fraction of Income in Waukesha County Wisconsin

Date US Wisconsin Waukesha County WI
2017 20.13% 16.57% 14.68%
2016 20.43% 16.94% 14.30%
2015 20.63% 17.08% 14.95%
2014 20.89% 17.83% 14.78%
2013 20.78% 17.67% 14.17%
2012 20.65% 17.46% 14.63%
2011 20.70% 17.60% 15.35%
2010 20.50% 17.51% 14.78%
2009 20.12% 16.99% 13.74%
2008 19.00% 16.22% 14.01%
2007 18.66% 15.97% 13.59%
2006 18.90% 16.19% 14.51%

Renter Fraction in Waukesha County Wisconsin

You can calculate the renter fraction in Waukesha County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Waukesha County as a fraction of total Waukesha County households. In 2017 24.69% of households were renters according to Census ACS data.

Waukesha County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Wisconsin 33.39% +0.05% -0.01%
Waukesha County WI 24.69% +0.79% +1.14%

Trends in the Waukesha County WI Renter Fraction

The Waukesha County household renter fraction peaked in in 2015 at 25.24% and is now 0.55% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Waukesha County WI, Wisconsin, US

Fraction of renters in Waukesha County

History of Waukesha County Renter Fraction

Date US Wisconsin Waukesha County WI
2017 36.13% 33.39% 24.69%
2016 36.88% 33.34% 23.90%
2015 36.97% 33.21% 25.24%
2014 36.90% 33.40% 23.55%
2013 36.50% 32.82% 22.82%
2012 36.09% 32.71% 24.69%
2011 35.42% 32.15% 24.62%
2010 34.65% 31.30% 22.09%
2009 34.13% 31.02% 22.60%
2008 33.36% 29.87% 23.89%
2007 32.80% 29.92% 22.77%
2006 32.73% 29.55% 21.74%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.