36

Newest Homes for Rent in Elm Grove, WI

Section Image
  • 13125 Watertown Plank Rd, Elm Grove, WI 53122
    13125 Watertown Plank Rd, Elm Grove, WI 53122
    13125 Watertown Plank Rd, Elm Grove, WI 53122
    /55

    Starting at $1,854 Per Month

    • 1 - 3 Beds

    13125 Watertown Plank Rd, Elm Grove, WI 53122

    ONE MONTH FREE ON SELECT UNITS when you start a 12+ month lease prior to June 1st, 2026. *** Restrictions apply. Contact us for details! More than a home, this is a destination for those who seek the extraordinary. Inspired by its historic setting and brought to life with modern vision, this community blends timeless character with every convenience imaginable. Residences are thoughtfully

    Caroline Heights Apartments

    (262) 379-3519

    13125 Watertown Plank Rd, Elm Grove, WI 53122
  • 405 Bishops Way, Brookfield, WI 53005
    405 Bishops Way, Brookfield, WI 53005
    405 Bishops Way, Brookfield, WI 53005
    /91

    Starting at $2,280 Per Month

    • Studio - 2 Beds

    405 Bishops Way, Brookfield, WI 53005

    Ask about our PEP Program for a $500 One Time Rent Credit!

    Brookfield Reserve

    (844) 544-0795

    405 Bishops Way, Brookfield, WI 53005
  • 645 Elm Grove Rd Unit 1, Elm Grove, WI 53122
    645 Elm Grove Rd Unit 1, Elm Grove, WI 53122
    645 Elm Grove Rd Unit 1, Elm Grove, WI 53122
    /8

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    645 Elm Grove Rd Unit 1, Elm Grove, WI 53122

    Charming and convenient 2 BR, 1 bath upper in a four-family. Quiet and proudly maintained property. Hardwood floor in dining area, and newer, clean carpet LR, BR and hall. Great closet space, large picture window in LR, storage unit, garage, and more. No pets. No smoking. Tenant pays electricity and heat. Easy to cool with your window air conditioner. Gas/electric hookups for your washer and

    645 Elm Grove Rd Unit 1, Elm Grove, WI 53122
  • 645 Elm Grove Rd Unit 3, Elm Grove, WI 53122
    645 Elm Grove Rd Unit 3, Elm Grove, WI 53122
    645 Elm Grove Rd Unit 3, Elm Grove, WI 53122
    /6

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    645 Elm Grove Rd Unit 3, Elm Grove, WI 53122

    Charming and convenient 2 BR, 1 bath upper in a four-family. Quiet and proudly maintained property. Hardwood floor in dining area, and newer, clean carpet LR, BR and hall. Great closet space, large picture window in LR, storage unit, garage, and more. No pets. No smoking. Tenant pays electricity and heat. Easy to cool with your window air conditioner. Gas/electric hookups for your washer and

    645 Elm Grove Rd Unit 3, Elm Grove, WI 53122
  • 13350 W Bluemound Rd Unit 1 (lower), Elm Grove, WI 53122
    13350 W Bluemound Rd Unit 1 (lower), Elm Grove, WI 53122
    13350 W Bluemound Rd Unit 1 (lower), Elm Grove, WI 53122
    /32

    $3,000

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,672 Sq Ft
    • Condo for Rent

    13350 W Bluemound Rd Unit 1 (lower), Elm Grove, WI 53122

    13350 W Bluemound Rd Unit 1 (lower), Elm Grove, WI 53122
  • 13200 W Bluemound Rd Unit 8, Elm Grove, WI 53122
    13200 W Bluemound Rd Unit 8, Elm Grove, WI 53122
    13200 W Bluemound Rd Unit 8, Elm Grove, WI 53122
    /21

    $1,450 Per Month

    • 2 Beds
    • 1.5 Baths
    • Condo for Rent

    13200 W Bluemound Rd Unit 8, Elm Grove, WI 53122

    Welcome to Elm Grove, with rents starting at $1,295. The Bluemound Apartments feature spacious units, an open floor plan, abundant natural light, and hardwood floors. Located just moments from downtown Elm Grove, they offer easy access to local shops, dining, and parks. Residents are responsible for heating, electricity, and gas costs. Please note that pictures may differ by unit. Applicants must

    13200 W Bluemound Rd Unit 8, Elm Grove, WI 53122
  • 15220 Marilyn Dr, Elm Grove, WI 53122
    15220 Marilyn Dr, Elm Grove, WI 53122
    15220 Marilyn Dr, Elm Grove, WI 53122
    /24

    $3,650

    Total Monthly Price

    • 4 Beds
    • 4.5 Baths
    • 3,350 Sq Ft
    • Townhouse for Rent

    15220 Marilyn Dr, Elm Grove, WI 53122

    Mediterranean Townhome....European style and flair......3-level unit with loads of room. ELMBROOK SCHOOL SYSTEM, safe , very quiet street. Private entry.2-story Great room with Fireplace, Family Room , DR and kitchen on 1st floorSecond floor has 2 ensuites, and INLAW suite with 3rd Bedroom, LR , kitchenette and full bath.Lower level has Rec Room with Pool table, bar, powder room

    15220 Marilyn Dr, Elm Grove, WI 53122
  • 15240 Marilyn Dr, Elm Grove, WI 53122
    15240 Marilyn Dr, Elm Grove, WI 53122
    15240 Marilyn Dr, Elm Grove, WI 53122
    /8

    $2,250

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,570 Sq Ft
    • Townhouse for Rent

    15240 Marilyn Dr, Elm Grove, WI 53122

    Location Location...Elmbrook School system. Available May 31--- ..Quiet, peaceful setting on low volume street. Large shared rear yard( with 2 other units) . All 3 BR upper with master bath , plus one full bath. Powder room on 1st floor. Lower level rec room.....All brick building-- 1 car attached garage , plus second parking space. Small pet negotiable with added pet fee and

    15240 Marilyn Dr, Elm Grove, WI 53122
Wisconsin Waukesha County Elm Grove

Newest Homes for Rent in Elm Grove, WI

Frequently Asked Questions

How much does it cost to rent a home in Elm Grove, WI?
The median rent for a home in Elm Grove, WI is $1,485 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Elm Grove, WI?
To comfortably afford the median rent in Elm Grove, WI, a household needs to earn roughly $59,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,485 per month in Elm Grove, WI, renters typically need to show $4,455 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elm Grove, WI?
In Elm Grove, WI, the price-to-rent ratio is 33.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Elm Grove, WI are best for renting a home?
The best neighborhood for renting in Elm Grove, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bluemound Heights, Walker's Point, Conrad Gardens and Woodlawn Manor, each with its own character and price range.

Rental Trends in Elm Grove, WI

There are currently 8 homes available for rent in Elm Grove, WI. The median rent is $1,485 per month, with single-family homes renting at $2,250, townhouses at $3,650 and condos at $1,250.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,485
Median Single Family Home Rent
$2,250
Median Townhouse Rent
$3,650
Median Condo Rent
$1,250
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group