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Newest Homes for Rent in Wales, WI

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  • /31

    Starting at $1,205 Per Month

    • Studio - 3 Beds

    426 N Oak Crest Dr, Wales, WI 53183

    We've got just what you are looking for! Take a deep breath and relax in your new home located in a quiet setting. Located conveniently between Madison and Milwaukee, WI. The complex is located in a Blue Ribbon School district of Kettle Moraine, including four charter schools. It is in walking distance from the Kettle Moraine High School and Wales Elementary. There is a bus pick up to Kettle

    Hills of Wales

    426 N Oak Crest Dr, Wales, WI 53183
  • /12

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    120 Felix St, Wales, WI 53183

    Available on or before Oct. 1st. Side by side (half) duplex located in Wales with 2 bedrooms & 1 full bath, living room & kitchen open to the dinette. Walk to Kettle Moraine schools, the Glacial Drumlin Bike Trail & Mama D's cafe! Parking: 1-car garage with space for one 2nd vehicle on tenant's half of the concrete front driveway. Private laundry in the large basement with storage space.

    Corey Scholtka Coldwell Banker HomeSale Realty - Wauwatosa

    120 Felix St, Wales, WI 53183
  • /63

    Starting at $1,505 Per Month

    • 1 - 2 Beds

    218 Lincolnshire Place, Wales, WI 53183

    First Month Free on select one bedroom Apartments with a 12 month lease

    Lincolnshire Place

    218 Lincolnshire Place, Wales, WI 53183
  • /21

    $1,600

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    247 W Main St Unit D, Wales, WI 53183

    Property is Old School House of Wales, total of 7 units. Peaceful living in the heart of Wales! Historically renovated school house and townhouses with unique charm. Directly across from Fireman's Park with access to ample walking/biking trails.

    247 W Main St Unit D, Wales, WI 53183

Frequently Asked Questions

How much does it cost to rent a home in Wales, WI?
The median rent for a home in Wales, WI is $1,575 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 Wales, WI?
To comfortably afford the median rent in Wales, WI, a household needs to earn roughly $63,000 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 $1,575 per month in Wales, WI, renters typically need to show $4,725 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 Wales, WI?
In Wales, WI, the price-to-rent ratio is 29.8, 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 Home Trends

Number of Homes for Rent
4
Median Rent
$1,575
Median Single Family Home Rent
$1,858
Median Condo Rent
$1,600
How to Rent a Home