Tomahawk 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 Tomahawk is about $449 per month. This puts it in the 4th percentile compared to the state average cost of rent, which is $847. Households in Tomahawk have a median income of $3,633 per month so the average renter in Tomahawk is spending roughly 12% of their earnings on housing.
Nationally, and in Tomahawk, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tomahawk is $104,719 right now, which is lower than nearby cities, meaning that rents in Tomahawk also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Tomahawk while lower rent rates are often available in central areas.
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