The median home in Oconomowoc, Wisconsin is valued at $519,154, up 5.9% year over year. Typical monthly rent is $1,537, producing a price-to-rent ratio of 28.1x — well above the national average of 18x. Oconomowoc is part of the Milwaukee-Waukesha, WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Milwaukee-Waukesha, WI stress score, crash risk, and 12-month forecast →

Home Value$519,154

+5.9%

Rent$1,537/mo

AFFORDABILITY

Enter your income for Oconomowoc.

Income (annual)

Down Payment

$103,831 on $519,154

Out of reach — 56.4% of income

Need $151,071/yr to afford.

PITI$3,525

P/I56.4%

Afford$258K

Gap-$261K

P&I $2,625Tax $800Ins $100

Renting $1,988/mo cheaper ($1,537 rent)6.50% 30yr, 20% down, county tax + WI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Wisconsin

Compare Oconomowoc with other housing markets across Wisconsin.

Oconomowoc Lake$1986K Shorewood Hills$1133K Maple Bluff$967K River Hills$895K Linn$733K Summit$730K Delafield$722K Nashotah$691K

Full Milwaukee-Waukesha, WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Milwaukee-Waukesha, WI metro.

View Milwaukee-Waukesha, WI metro →

OCONOMOWOC, WI