Rent is higher than in 70% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are short, about 19.6 minutes. Most homes (83.2%) are owned, so rentals can be hard to find. It is a highly educated city: 57.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $80,760 a year. That is $39 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 150 of 156 cities from cheapest to most expensive.
How much do households earn in Pewaukee?
Share of households by yearly income. 42.2% of households earn $100,000 or more.
Rent by apartment size in Pewaukee
| Size | Pewaukee | U.S. average |
|---|---|---|
| 1 bedroom | $1,542 | $1,324 |
| 2 bedrooms | $1,886 | $1,509 |
| 3 bedrooms | $2,074 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pewaukee 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 Pewaukee, so the Wisconsin figure is shown.
Taxes and bills in Pewaukee
Life in Pewaukee
Is it cheaper to rent or buy in Pewaukee?
Renting is cheaper right now: about $1,083 a month less.
Owning assumes a typical $447,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,710 for the down payment.
Frequently asked questions
What is the average rent in Pewaukee, WI?
Renting in Pewaukee costs a median of about $2,019 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Pewaukee?
To keep rent under 30% of income, you need about $80,760 a year, or $39 an hour at a full-time job.
Is Pewaukee cheap or expensive?
Pewaukee is rated OK: rent takes 20.7% of the typical household income of $116,855. It ranks 150th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Pewaukee?
The median homeowner in Pewaukee pays $4,394 a year in property taxes, about 0.98% of the median home value.
Is Pewaukee 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 Pewaukee?
The median home value in Pewaukee is $447,100, about 3.8 times the typical yearly household income.
16,211 people live in Pewaukee. Numbers are typical (middle) values.