Wisconsin 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 Wisconsin is about $975 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in Wisconsin have a median income of $6,217 per month so the average renter in Wisconsin is spending roughly 16% of their earnings on housing.
Nationally, and in Wisconsin, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wisconsin is $220,185 right now, which is higher than nearby states, meaning that rents in Wisconsin also tend to be higher versus these nearby states.
Higher rent prices are common in the southern parts of Wisconsin while lower rent rates are often available in southwestern areas.
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