Lake Geneva renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lake Geneva is about $1,016 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $975. Households in Lake Geneva have a median income of $5,826 per month so the average renter in Lake Geneva is spending roughly 17% of their earnings on housing.
Nationally, and in Lake Geneva, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Geneva is $256,246 right now, which is lower than nearby cities, meaning that rents in Lake Geneva also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Lake Geneva while lower rent rates are often available in northeastern areas.
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