States › Wisconsin › Waterford

Is Waterford, WI expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8033% higher than U.S. average
💵 Families earn per year (2026)$88,873about $7,406/month · 2% higher than U.S. average
🔑 House price$329,8001% lower than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 3.7 years of household income. Most homes (78.4%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $72,120 a year. That is $35 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 136 of 156 cities from cheapest to most expensive.

Waterford
$1,803
Milton
$1,137
Evansville
$1,444
Rothschild
$1,073
Berlin
$920
Prairie du Chien
$879
Columbus
$967

How much do households earn in Waterford?

Under $25k
12.3%
$25k–50k
14.2%
$50k–100k
37.8%
$100k–150k
28.9%
$150k+
6.6%

Share of households by yearly income. 35.4% of households earn $100,000 or more.

Rent by apartment size in Waterford

SizeWaterfordU.S. average
1 bedroom$863$1,324
2 bedrooms$1,564$1,509
3 bedrooms$1,610$1,698

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

How expensive is Waterford 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 Waterford, so the Wisconsin figure is shown.

Taxes and bills in Waterford

🏛️ Property tax$4,763a year · 1.44% of home value · U.S. $3,119
⚡ Electric bill$173a month (typical) · U.S. $156

Life in Waterford

Commute to work25.7 minU.S.: 26.4 min
College degree28.2%U.S.: 35.7%
Own their home78.4%U.S.: 65.2%
Below poverty line3.8%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Waterford?

Renting is cheaper right now: about $485 a month less.

Renting
$1,803
Owning
$2,288

Owning assumes a typical $329,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,980 for the down payment.

Frequently asked questions

What is the average rent in Waterford, WI?

Renting in Waterford costs a median of about $1,803 a month in 2026, including utilities. The Wisconsin median is $1,305.

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

To keep rent under 30% of income, you need about $72,120 a year, or $35 an hour at a full-time job.

Is Waterford cheap or expensive?

Waterford is rated OK: rent takes 24.3% of the typical household income of $88,873. It ranks 136th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Waterford?

The median homeowner in Waterford pays $4,763 a year in property taxes, about 1.44% of the median home value.

Is Waterford 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 Waterford?

The median home value in Waterford is $329,800, about 3.7 times the typical yearly household income.

5,692 people live in Waterford. Numbers are typical (middle) values.