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Studio Apartment for Rent in Pewaukee, WI

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  • N25W24200 River Park Dr, Pewaukee, WI 53072
    N25W24200 River Park Dr, Pewaukee, WI 53072
    N25W24200 River Park Dr, Pewaukee, WI 53072
    /14

    Starting at $1,135 Per Month

    • Studio

    N25W24200 River Park Dr, Pewaukee, WI 53072

    Come experience exceptional living at Hidden Ponds Apartments in Pewaukee, Wisconsin! Surrounded by mature trees and wildlife, this community is the perfect blend of modern design & peaceful privacy. Located in the heart of Pewaukee, our beautiful apartments for rent have easy access to both Lake Country and the entire Metro Milwaukee area.Enjoy comfort and relaxation in any of

    Ponds of Pewaukee Associates LLC

    N25W24200 River Park Dr, Pewaukee, WI 53072
Wisconsin Waukesha County

Studio Homes for Rent in Pewaukee, WI

Why Live in Pewaukee

Pewaukee, Wisconsin is a small city with a steadily increasing population, currently around 16,000. Known for the Pewaukee Lake, the largest lake in Waukesha County, the city offers a variety of attractions including fishing, boating and ice fishing in the winter. Lakefront Park hosts Waterfront Wednesdays, a popular concert series in June. The city has a diverse housing market, with options ranging from early 20th-century bungalows and Cape Cods to lakeside mansions and new traditional homes. The Pewaukee School District is highly rated, with a campus near the lake that serves both Pewaukee and the independent Village of Pewaukee. Interstate 94 provides easy access to downtown Milwaukee, 17 miles east, and Milwaukee Mitchell International Airport, 23 miles southeast.

Learn more about living in Pewaukee

Frequently Asked Questions

How much does it cost to rent a home in Pewaukee, WI?
The median rent for a home in Pewaukee, WI is $3,637 per month, though prices vary by neighborhood, size, and property type. As of September 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 Pewaukee, WI?
To comfortably afford the median rent in Pewaukee, WI, a household needs to earn roughly $145,480 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 $3,637 per month in Pewaukee, WI, renters typically need to show $10,911 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 Pewaukee, WI?
In Pewaukee, WI, the price-to-rent ratio is 12.1, 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.

Rental Trends in Pewaukee, WI

There are currently 1 homes available for rent in Pewaukee, WI. The median rent is $3,637 per month, with single-family homes renting at $3,548 and condos at $2,800.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,637
Median Single Family Home Rent
$3,548
Median Condo Rent
$2,800
How to Rent a Home

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