Apartments & Homes for Rent in Elm Grove, WI

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What to Know About

Life in Elm Grove & Beyond

Elm Grove shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Elm Grove, WI

As of April 2025, Elm Grove's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elm Grove's average rent is 42.5% ($600) higher than the Wisconsin average of $1,413 and 11.9% ($214) higher than the U.S. average of $1,799.

Average Rent
$2,013
Monthly ChangeMonth Over Month Change
Increased0.4% ($8)
Yearly ChangeYear Over Year Change
Increased43% ($605)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,660 Decreased9.3% ($170) Increased46.3% ($525)
2 Beds $2,044 Decreased0.2% ($4) Increased45.9% ($643)
3 Beds $2,592 Increased2% ($51) Increased45.6% ($812)
Nearby Cities Average Rent Avg. Rent vs. Elm GroveAverage Rent vs. Elm Grove Avg. Days on MarketAverage Days on Market
Brookfield $1,705 Decreased15.3% ($308) 41 days
New Berlin $1,682 Decreased16.4% ($331) 36 days
Milwaukee $1,402 Decreased30.4% ($611) 31 days
Hales Corners $1,161 Decreased42.3% ($852) 32 days
Lannon $1,657 Decreased17.7% ($356) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elm Grove Rental Market FAQs

Explore rental prices, market trends, and availability in Elm Grove, WI.

The average rent in Elm Grove, WI is $2,013 per month.
Homes in Elm Grove typically rent for between $1,162 and $3,370 per month, with an average of $2,013 per month.
In Elm Grove, the average rent for a 1-bedroom home is $1,660 per month, for a 2-bedroom home, $2,044 per month, and a 3-bedroom home is $2,592 per month.
The average rent in Elm Grove is 11.9% ($214) higher than the national average of $1,799 per month.
The average rent in Elm Grove has increased by 0.4% ($8) in the last month and increased by 43.0% ($605) over the past year.
The rental market in Elm Grove, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elm Grove, WI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Elm Grove, WI.
Based on the current averages, a household would need an annual income of $81,760 to comfortably afford a 2-bedroom home in Elm Grove.
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