New Richmond

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New Richmond, WI Area Guide

Avg Rent

$1,260

Population

11,801

Renter Mix

34% Rent

Bask in the many charms of the City Beautiful

Suburban Family-Friendly Close-Knit Welcoming Growing Lakeside Riverside Active Scenic

Nicknamed “The City Beautiful,” New Richmond rests in the stunning Saint Croix Valley. New Richmond boasts access to the vast Mary Lake and Hatfield Lake in addition to the Willow River, affording plenty of opportunities for fishing, boating, swimming, and much more in town.

New Richmond’s small-town atmosphere is evident in the quaint downtown area, teeming with delectable restaurants, specialty shops, cozy cafes, local businesses, and historic entertainment venues along Knowles Avenue. New Richmond is also within an hour’s drive of Minneapolis and Saint Paul, allowing residents the luxury of small-town charm with close proximity to big-city amenities. Convenience to Routes 64 and 65 makes getting around from New Richmond simple.

Demographics

Median Household Income

$72,592

Average: $91,907

Education

2,831

Residents Have a Degree

Job Market

6,748

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

39 Years

Largest Age Group

35-44 Years

Approximately 14% of Residents

Under 20

25%

Over 65

18%

Housing Distribution

New Richmond has more homeowners than renters.

Renters
34%
Non-Renters
66%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
19%
Other Education
81%

Rent Trends

As of May 2026, the average apartment rent in New Richmond, WI is $1,052 for a studio, $1,260 for one bedroom, $1,422 for two bedrooms, and $1,787 for three bedrooms. Apartment rent in New Richmond has increased by 2.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,260/month
664 Sq Ft
Townhome
$1,741/month
1,112 Sq Ft
See Rental Market Trends in New Richmond, WI

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

New Richmond Paperjack Elementary

Public

Grades K-5

337 Students

New Richmond Starr Elementary

Public

Grades K-5

539 Students

New Richmond Starr Elementary School

Public

Grades K-5

539 Students

New Richmond Hillside Elementary School

Public

Grades K-5

556 Students

New Richmond Hillside Elementary

Public

Grades K-5

556 Students

New Richmond Middle

Public

Grades 6-8

749 Students

New Richmond Middle School

Public

Grades 6-8

749 Students

New Richmond High School

Public

Grades 9-12

1,112 Students

New Richmond High

Public

Grades 9-12

1,112 Students

Points of Interest

Top Apartments in New Richmond

Houses for Rent in New Richmond

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.