States › Wisconsin › Germantown

Is Germantown, WI expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,37222% lower than U.S. average
💵 Families earn per year (2026)$108,099about $9,008/month · 24% higher than U.S. average
🔑 House price$373,60012% higher than U.S. average

Rent is lower than in 65% of U.S. cities. A typical house costs about 3.5 years of household income. Most homes (77.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $54,880 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 87 of 156 cities from cheapest to most expensive.

Germantown
$1,372
Howard
$1,104
South Milwaukee
$1,135
Pleasant Prairie
$1,771
Middleton
$1,532
Onalaska
$1,356
Watertown
$1,157

How much do households earn in Germantown?

Under $25k
6.3%
$25k–50k
17.3%
$50k–100k
35.2%
$100k–150k
23.1%
$150k+
15.6%

Share of households by yearly income. 38.7% of households earn $100,000 or more.

Rent by apartment size in Germantown

SizeGermantownU.S. average
1 bedroom$1,349$1,324
2 bedrooms$1,470$1,509
3 bedrooms$1,699$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Germantown overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Germantown, so the Wisconsin figure is shown.

Taxes and bills in Germantown

🏛️ Property tax$4,797a year · 1.28% of home value · U.S. $3,119
⚡ Electric bill$184a month (typical) · U.S. $156

Life in Germantown

Commute to work22.8 minU.S.: 26.4 min
College degree47.4%U.S.: 35.7%
Own their home77.2%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Germantown?

Renting is cheaper right now: about $1,220 a month less.

Renting
$1,372
Owning
$2,592

Owning assumes a typical $373,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,360 for the down payment.

Frequently asked questions

What is the average rent in Germantown, WI?

Renting in Germantown costs a median of about $1,372 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Germantown?

To keep rent under 30% of income, you need about $54,880 a year, or $26 an hour at a full-time job.

Is Germantown cheap or expensive?

Germantown is rated Cheap: rent takes 15.2% of the typical household income of $108,099. It ranks 87th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Germantown?

The median homeowner in Germantown pays $4,797 a year in property taxes, about 1.28% of the median home value.

Is Germantown more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Germantown?

The median home value in Germantown is $373,600, about 3.5 times the typical yearly household income.

20,962 people live in Germantown. Numbers are typical (middle) values.