Average Rent in Wisconsin

Home  »  WI

Current Versus Historical Wisconsin Rents

Wisconsin rentals average $965 for a studio rental to $2,180 for a 4-bedroom rental. The median price of all currently available listings is $1,195, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $118 (13.34%) year-over-year from $882 to $1,000. 1-bedroom rentals prices have increased by $15 (1.50%) year-over-year from $980 to $995. 2-bedroom rentals prices have increased by $78 (6.98%) year-over-year from $1,122 to $1,200. 3-bedroom rentals prices have increased by $68 (4.40%) year-over-year from $1,533 to $1,600. 4-bedroom rentals prices have increased by $278 (15.23%) year-over-year from $1,823 to $2,100. 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 up by 3.45% this month. 1-bedroom rents have gone down by 0.17% this month. 2-bedroom rents have gone up by 3.00% this month. 3-bedroom rents have gone up by 3.90% this month. 4-bedroom rents have gone up by 3.45% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.11 $1,000 $882 (13.34%) $727 (37.65%)
1 BR $1.65 $995 $980 (1.50%) $869 (14.52%)
2 BR $1.37 $1,200 $1,122 (6.98%) $938 (27.89%)
3 BR $1.36 $1,600 $1,533 (4.40%) $1,261 (26.85%)
4+ BR $1.34 $2,100 $1,823 (15.23%) $1,565 (34.19%)

Historical Rents in Wisconsin

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Wisconsin

There are a total of 45 cities nearby Wisconsin. The average rent in Wisconsin is currently $1,175 per month. A total of 23 cities nearby have an average rent lower than that. Our records show that Dubuque, IA, with an average rent of $408, is the most affordable city nearby. In contrast, the most expensive city near Wisconsin is Birmingham, MI. Monthly rents here are on average $2,988 per month.

Let's compare Wisconsin's rent against other top cities nearby by bedroom size. Typically, rent for studios in Wisconsin is 22.28% more expensive than other cities nearby. One bedrooms are about 10.05% more expensive. Two bedrooms in Wisconsin are about 8.84% more expensive. Finally, rent for three bedrooms are about 12.98% more expensive. Want more information? Check out the top 10 cities out of 45 total cities near Wisconsin in the following chart.
City Studio 1 Bed 2 Bed All
Dubuque, IA $408 N/A N/A $408
Rockford, IL $813 $750 $897 $885
Eau Claire, WI $895 $925 $1,050 $995
Green Bay, WI $1,125 $849 $1,000 $999
Milwaukee, WI $695 $900 $1,140 $1,000
Duluth, MN $968 $1,175 $1,445 $1,298
Madison, WI $1,095 $1,300 $1,650 $1,513
Rochester, MN $1,410 $948 $1,238 $1,600
Minneapolis, MN $1,097 $1,395 $2,650 $1,950
Schaumburg, IL N/A $1,995 $2,350 $2,100

Top Neighborhoods Near Wisconsin

There are a total of 17 neighborhoods in or near Wisconsin. Some of these neighborhoods include Lower East Side, Downtown Madison, and Edgewater. We've included all of these top 17 neighborhoods in or near Wisconsin in the following chart.

The average rent for these 17 neighborhoods in or near Wisconsin is currently around $1,775 per month. A total of one neighborhood has a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $1,775. Interestingly, the neighborhoods' average rent is higher than Wisconsin's average rent, which is only $1,195. Out of all the neighborhoods in or near Wisconsin, Lower East Side has the most affordable average rent at $935 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Wisconsin. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lower East Side, Milwaukee, WI $755 $925 $1,363 $935
Downtown Madison, Madison, WI $1,075 $1,300 $1,990 $1,525
Edgewater, Chicago, IL $1,120 $1,550 $2,250 $1,550
Indianola Terrace, Columbus, OH N/A $824 $1,175 $1,588
Uptown, Chicago, IL $1,100 $1,600 $2,595 $1,600
Rogers Park, Chicago, IL $1,150 $1,350 $1,850 $1,600
Ravenswood, Chicago, IL $1,210 $1,595 $2,775 $1,640
West Rogers Park, Chicago, IL $1,200 $1,350 $1,800 $1,700
Albany Park, Chicago, IL $1,048 $1,420 $1,900 $1,775
Lincoln Park, Chicago, IL $1,390 $1,925 $2,795 $1,863
Logan Square, Chicago, IL $1,250 $1,795 $2,048 $1,906
Lakeview, Chicago, IL $1,343 $1,895 $2,590 $2,092
Old Northeast, Bloomington, IN $1,110 $1,198 $1,937 $2,150
Hyde Park, Chicago, IL $1,250 $1,698 $1,887 $2,267
DePaul, Chicago, IL $1,665 $2,290 $2,400 $2,395
Near North Side, Chicago, IL $1,853 $2,399 $3,500 $2,576
South Loop, Chicago, IL $1,700 $2,200 $3,000 $2,800

Top Counties Near Wisconsin

There are a total of 17 counties located by Wisconsin. Some of these counties include Dubuque, IA, Rockford, IL, and Eau Claire, WI. The average rent for rentals in these counties is $1,175. That's roughly around $1 per sqft. A total of 25 counties have a lower average rent. The county that is the most affordable is Dubuque, IA. It's average rent per month is $408. Vice versa, with an average rent of $2,988, Birmingham, MI is the most expensive county by Wisconsin.

Typically, rent for studios in Wisconsin is 22.28% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Wisconsin is 10.05% more expensive than other counties nearby. Finally, rent for two bedrooms in Wisconsin is 8.84% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Dubuque, IA $408 N/A N/A $408
Rockford, IL $813 $750 $895 $885
Eau Claire, WI $895 $925 $1,050 $995
Green Bay, WI $1,125 $849 $1,000 $999
Milwaukee, WI $695 $900 $1,140 $1,000
Duluth, MN $968 $1,175 $1,445 $1,298
Madison, WI $1,095 $1,300 $1,650 $1,513
Rochester, MN $1,410 $948 $1,238 $1,600
Minneapolis, MN $1,097 $1,395 $2,650 $1,950
Schaumburg, IL N/A $1,995 $2,350 $2,093

Top Zipcodes Near Wisconsin

There are a total of 38 zipcodes in or near Wisconsin. The average rent for all of these zipcodes is $1,538. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 52001, Dubuque County, IA at $408 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 48009, Birmingham, MI.

Studios in these zipcodes have an average rent of $1,018. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Wisconsin is $1,150 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,698 per month. Which comes out to $2 per sqft. The following chart includes the top 10 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 $1,345 $1,900 $2,600 $2,077
43201, Columbus, OH $825 $1,100 $1,313 $1,600
60647, Chicago, IL $1,250 $1,848 $2,148 $2,023
60613, Chicago, IL $1,298 $1,700 $2,550 $1,920
60640, Chicago, IL $1,105 $1,595 $2,493 $1,550
60614, Chicago, IL $1,660 $2,295 $2,873 $2,313
60610, Chicago, IL $1,855 $2,300 $3,450 $2,655
60625, Chicago, IL $1,100 $1,495 $2,100 $1,650
60626, Chicago, IL $1,150 $1,375 $1,850 $1,600
47408, Bloomington, IN $1,468 $1,039 $1,898 $1,800

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 $1,195. 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 $965 and an average price per square feet of $2.11. There are a total of 273 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 $995 and an average price per square feet of $1.65. There are a total of 686 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 $1,250 and an average price per square feet of $1.37. There are a total of 901 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 0.01%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Wisconsin?
A reasonable rent price in Wisconsin is around $956/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast