$1,995
Total Monthly Price
- 2 Beds
- 1.5 Baths
- 1,150 Sq Ft
- Condo for Rent
524 Laurel Lake Rd Unit 8, Thiensville, WI 53092
Frequently Asked Questions
How much does it cost to rent a condo in Mequon, WI?
The median rent for a condo in Mequon, WI is $1,545 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Mequon, WI?
To comfortably afford the median rent in Mequon, WI, a household needs to earn roughly $172,000 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 $4,300 per month in Mequon, WI, renters typically need to show $12,900 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 Mequon, WI?
In Mequon, WI, the price-to-rent ratio is 12.7, 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 Mequon, WI are best for renting a condo?
The best neighborhood for renting in Mequon, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include North Meadow, Silver Spring, Old North Milwaukee, Vogel Park and Columbus Park, each with its own character and price range.
