Average Rent in Wisconsin

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Current Versus Historical Wisconsin Rents

Wisconsin rentals average $1,475 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,138, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $123 (-13.24%) year-over-year from $925 to $803. 1-bedroom rentals prices have increased by $948 (97.10%) year-over-year from $977 to $1,925. 2-bedroom rentals prices have increased by $349 (30.99%) year-over-year from $1,126 to $1,475. 3-bedroom rentals prices have increased by $30 (2.03%) year-over-year from $1,495 to $1,525. 4-bedroom rentals prices have increased by $848 (45.87%) year-over-year from $1,848 to $2,695. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 37.10% this month. 1-bedroom rents have gone up by 19.20% this month. 2-bedroom rents have gone up by 9.39% this month. 3-bedroom rents have gone down by 13.48% this month. 4-bedroom rents have gone down by 14.17% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.82 $1,925 $977 (97.10%) $835 (130.54%)
2 BR $2.25 $1,475 $1,126 (30.99%) $950 (55.32%)
3 BR $1.53 $1,525 $1,495 (2.03%) $1,274 (19.69%)
4+ BR $1.98 $2,695 $1,848 (45.87%) $1,647 (63.66%)

Historical Rents in Wisconsin

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Wisconsin

There are a total of 2 cities nearby Wisconsin. The average rent in Wisconsin is currently $1,362 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Toledo, OH, with an average rent of $825, is the most affordable city nearby. In contrast, the most expensive city near Wisconsin is Chicago, IL. Monthly rents here are on average $1,899 per month.

Let's compare Wisconsin's rent against other top cities nearby by bedroom size. Typically, rent for studios in Wisconsin is inf% more affordable than other cities nearby. One bedrooms are about 16.61% more expensive. Two bedrooms in Wisconsin are about 19.74% more expensive. Finally, rent for three bedrooms are about 1.52% more expensive. Want more information? Check out the top 2 cities near Wisconsin in the following chart.
City Studio 1 Bed 2 Bed All
Toledo, OH N/A $660 $800 $825
Chicago, IL $1,483 $1,800 $2,250 $1,899

Top Neighborhoods Near Wisconsin

There are a total of 2 neighborhoods in or near Wisconsin. We've included all of these top 2 neighborhoods in or near Wisconsin in the following chart.

The average rent for these 2 neighborhoods in or near Wisconsin is currently around $1,639 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Wisconsin, Rogers Park has the most affordable average rent at $1,350 per month. Whereas, at $1,927 average rent per month, Lakeview is the most expensive neighborhood in or near Wisconsin. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,175 $1,300 $1,738 $1,350
Lakeview, Chicago, IL $1,595 $1,945 $2,600 $1,927

Top Counties Near Wisconsin

There are a total of 2 counties located by Wisconsin. The average rent for rentals in these counties is $1,362. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Toledo, OH. It's average rent per month is $825. Vice versa, with an average rent of $1,899, Chicago, IL is the most expensive county by Wisconsin.

Typically, rent for studios in Wisconsin is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Wisconsin is 16.61% more expensive than other counties nearby. Finally, rent for two bedrooms in Wisconsin is 19.74% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Toledo, OH N/A $660 $800 $825
Chicago, IL $1,483 $1,800 $2,250 $1,899

Top Zipcodes Near Wisconsin

There are a total of 7 zipcodes in or near Wisconsin. The average rent for all of these zipcodes is $1,865. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 65202, Boone County, MO at $1,200 per month. In comparison, the zipcode with the most expensive average rent of $2,250 per month is 60613, Chicago, IL.

Studios in these zipcodes have an average rent of $1,275. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Wisconsin is $1,645 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,947 per month. Which comes out to $2 per sqft. The following chart includes the top 7 zipcodes in Wisconsin. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60657, Chicago, IL $1,595 $1,936 $2,795 $1,865
60613, Chicago, IL $1,363 $1,933 $2,600 $2,250
60614, Chicago, IL $1,495 $2,295 $2,900 $2,223
60626, Chicago, IL $1,175 $1,300 $1,738 $1,350
61820, Champaign, IL $825 $1,058 $1,325 $1,310
60615, Chicago, IL $1,275 $1,645 $1,947 $1,999
65202, Boone County, MO N/A $800 $825 $1,200

Frequently Asked Questions - Wisconsin Average Rents

What is the average rent price in Wisconsin?
The average monthly rental price for Wisconsin apartments for rent is approximately $2,138. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Wisconsin rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Wisconsin.
How much is a studio apartment in Wisconsin?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Wisconsin.
How much is a one bedroom apartment in Wisconsin?
The average monthly rental price for one bedroom apartments is $1,475 and an average price per square feet of $1.82. There are a total of 2 one bedroom apartment listings currently available for rent in Wisconsin.
How much is a two bedroom apartment in Wisconsin?
The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $2.25. There are a total of 2 two bedroom apartment listings currently available for rent in Wisconsin.
How have rent prices in Wisconsin changed this year?
Rent prices for rentals in Wisconsin can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by 0.97%, two bedroom rental prices have changed by 0.31%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in Wisconsin?
A reasonable rent price in Wisconsin is around $1,710/month. You can search for these reasonably priced rental listings on RentHop.
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