Rent is higher than in 63% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (76.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $75,720 a year. That is $36 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 143 of 156 cities from cheapest to most expensive.
How much do households earn in New Berlin?
Share of households by yearly income. 38.7% of households earn $100,000 or more.
Rent by apartment size in New Berlin
| Size | New Berlin | U.S. average |
|---|---|---|
| Studio | $1,524 | $1,338 |
| 1 bedroom | $1,470 | $1,324 |
| 2 bedrooms | $1,630 | $1,509 |
| 3 bedrooms | $2,012 | $1,698 |
| 4 bedrooms | $863 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is New Berlin overall?
Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New Berlin, so the Wisconsin figure is shown.
Taxes and bills in New Berlin
Life in New Berlin
Is it cheaper to rent or buy in New Berlin?
Renting is cheaper right now: about $644 a month less.
Owning assumes a typical $365,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,570 for the down payment.
Frequently asked questions
What is the average rent in New Berlin, WI?
Renting in New Berlin costs a median of about $1,893 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in New Berlin?
To keep rent under 30% of income, you need about $75,720 a year, or $36 an hour at a full-time job.
Is New Berlin cheap or expensive?
New Berlin is rated OK: rent takes 20.8% of the typical household income of $109,027. It ranks 143rd cheapest of 156 Wisconsin cities we track.
How much are property taxes in New Berlin?
The median homeowner in New Berlin pays $4,462 a year in property taxes, about 1.22% of the median home value.
Is New Berlin 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 New Berlin?
The median home value in New Berlin is $365,700, about 3.4 times the typical yearly household income.
40,270 people live in New Berlin. Numbers are typical (middle) values.