Mortgage Rates in Menomonee Falls, Wisconsin — March 2026
Updated March 2026 | Based on Menomonee Falls market data and regional lending conditions
Menomonee Falls is a growing city in Wisconsin with a population of 37,611. The current 30-year fixed mortgage rate in Menomonee Falls is 6.89%, which is 0.24% above the national average. With a median home price of $254,000 and a 20% down payment of $50,800, homebuyers can expect a monthly principal and interest payment of approximately $1,337.
Current Mortgage Rates in Menomonee Falls, WI
Below are the current average mortgage rates available in the Menomonee Falls area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Menomonee Falls Housing Market Overview
The Menomonee Falls housing market offers relatively affordable housing compared to many major cities. The median household income in Menomonee Falls is $65,300, and the cost of living index is 87.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $72,557 to comfortably afford the median-priced home in Menomonee Falls, which exceeds the current median household income.
Monthly Payment Breakdown for Menomonee Falls
Based on the median home price of $254,000 with 20% down ($50,800), here is what you can expect to pay monthly in Menomonee Falls:
15-Year vs. 30-Year Mortgage in Menomonee Falls
Choosing a 15-year mortgage in Menomonee Falls at 6.1% instead of a 30-year at 6.89% would save you $170,640 in total interest over the life of the loan. However, your monthly payment would be $1,726 instead of $1,337 — an increase of $389 per month.
Calculate Your Menomonee Falls Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Menomonee Falls
What are the current mortgage rates in Menomonee Falls, WI?
As of March 2026, the average 30-year fixed mortgage rate in Menomonee Falls, Wisconsin is 6.89%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Menomonee Falls?
Based on the median home price of $254,000 with 20% down, the estimated monthly mortgage payment in Menomonee Falls is $1,337 for principal and interest. Including property taxes of $356/month, the total monthly housing cost is approximately $1,693.
What income do I need to buy a home in Menomonee Falls?
Using the 28% rule, you would need an annual income of approximately $72,557 to afford the median-priced home in Menomonee Falls at $254,000. The median household income in Menomonee Falls is $65,300. This means most households would need to either earn above the median or consider homes below $254,000.
Is Menomonee Falls a good place to buy a home in 2026?
Menomonee Falls offers a below-average cost of living with a cost of living index of 87.6 (national average = 100). The property tax rate in Wisconsin is 1.68%, which is above the national average. Menomonee Falls has a population of 37,611 and offers a very affordable lifestyle.
Mortgage Rates in Other Wisconsin Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Menomonee Falls, Wisconsin area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.