Rentometer, Inc. | Data as of 10/22/2025
Lake Mills, a charming city nestled in the heart of Wisconsin’s Driftless Region, blends historic small‑town character with easy access to outdoor recreation and vibrant community events. Residents enjoy a walkable downtown lined with boutique shops, local cafés, and the iconic Mill Pond that hosts summer concerts and farmers’ markets. Proximity to the Rock River and numerous park trails makes the city an attractive base for families, professionals, and retirees seeking a balanced lifestyle.
The rental market in Lake Mills offers a mix of single‑family homes and modern apartment living, providing options for a variety of preferences. One‑bedroom apartments typically rent in the $1300s, while two‑bedroom units are commonly found in the $1500‑$1600 range. Larger three‑bedroom apartments command rents in the $1700‑$1800 bracket, reflecting the city’s comfortable yet affordable living standards. This diversity of price points, coupled with well‑maintained properties, supports a stable market that appeals to both first‑time renters and those looking to downsize without sacrificing quality.
Neighborhoods such as the historic West Side and the newer East Lake development each bring their own flair, from tree‑lined streets and historic bungalows to contemporary apartment complexes with convenient access to schools, shopping centers, and the regional medical facility. With its welcoming community atmosphere, ample green spaces, and a rental market that balances cost with comfort, Lake Mills stands out as a desirable place to call home in Wisconsin.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,311 | $1,322 | $1,200 - $1,399 | $1,295 - $1,399 |
| Apartment | 2 Bedroom | $1,559 | $1,550 | $1,250 - $1,899 | $1,300 - $1,751 |
| Apartment | 3 Bedroom | $1,721 | $1,725 | $1,400 - $2,034 | $1,700 - $2,034 |
In the current period, the average rent in Lake Mills was $1,311 for 1 Bedroom, $1,560 for 2 Bedroom, and $1,577 for 3 Bedroom.
Data provided by Rentometer, Inc.