$3,100 Per Month
- 3 Beds
- 2 Baths
- 2,888 Sq Ft
- House for Rent
2347 N 117th St, Milwaukee, WI 53226
2347 N 117th St, Milwaukee, WI 53226
Frequently Asked Questions
How much does it cost to rent a home in Wauwatosa, WI?
The median rent for a home in Wauwatosa, WI is $1,395 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 Wauwatosa, WI?
To comfortably afford the median rent in Wauwatosa, WI, a household needs to earn roughly $55,800 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 $1,395 per month in Wauwatosa, WI, renters typically need to show $4,185 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 Wauwatosa, WI?
In Wauwatosa, WI, the price-to-rent ratio is 26.5, 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 Wauwatosa, WI are best for renting a home?
The best neighborhood for renting in Wauwatosa, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lindsay Park, Riverwest, East Town, Walker's Point and Lower East Side, each with its own character and price range.
