States › Wisconsin › Oak Creek

Is Oak Creek, WI expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7232% lower than U.S. average
💵 Families earn per year (2026)$104,135about $8,678/month · 20% higher than U.S. average
🔑 House price$331,700same as U.S. average

Rent is higher than in 53% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $68,920 a year. That is $33 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 124 of 156 cities from cheapest to most expensive.

Oak Creek
$1,723
Greenfield
$1,555
Sun Prairie
$1,950
Beloit
$1,567
Franklin
$2,043
Menomonee Falls
$1,921
Wausau
$1,156

How much do households earn in Oak Creek?

Under $25k
8.7%
$25k–50k
15.7%
$50k–100k
39.4%
$100k–150k
23.1%
$150k+
11.2%

Share of households by yearly income. 34.2% of households earn $100,000 or more.

Rent by apartment size in Oak Creek

SizeOak CreekU.S. average
Studio$1,323$1,338
1 bedroom$1,338$1,324
2 bedrooms$1,778$1,509
3 bedrooms$2,012$1,698
4 bedrooms$2,429$2,098

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

How expensive is Oak Creek 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 Oak Creek, so the Wisconsin figure is shown.

Taxes and bills in Oak Creek

🏛️ Property tax$5,839a year · 1.76% of home value · U.S. $3,119
⚡ Electric bill$163a month (typical) · U.S. $156

Life in Oak Creek

Commute to work23 minU.S.: 26.4 min
College degree39.4%U.S.: 35.7%
Own their home57.5%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment1.3%U.S.: 5.2%

Is it cheaper to rent or buy in Oak Creek?

Renting is cheaper right now: about $579 a month less.

Renting
$1,723
Owning
$2,302

Owning assumes a typical $331,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,170 for the down payment.

Frequently asked questions

What is the average rent in Oak Creek, WI?

Renting in Oak Creek costs a median of about $1,723 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Oak Creek?

To keep rent under 30% of income, you need about $68,920 a year, or $33 an hour at a full-time job.

Is Oak Creek cheap or expensive?

Oak Creek is rated Cheap: rent takes 19.9% of the typical household income of $104,135. It ranks 124th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Oak Creek?

The median homeowner in Oak Creek pays $5,839 a year in property taxes, about 1.76% of the median home value.

Is Oak Creek 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 Oak Creek?

The median home value in Oak Creek is $331,700, about 3.2 times the typical yearly household income.

37,325 people live in Oak Creek. Numbers are typical (middle) values.