Foundry on 3rd
215 3rd St,
Wausau, WI 54403
$1,050 - $3,090
Studio - 3 Beds
Nestled along the Wisconsin River, Wausau combines small-city charm with abundant outdoor recreation opportunities. The heart of downtown centers around the 400 Block, a community gathering space that hosts festivals and events throughout the summer. The city's rental market remains affordable, with average one-bedroom apartments renting for $941, showing a modest 2.4% increase over the past year. Two-bedroom units average $1,249, while three-bedroom homes command around $1,874.
Outdoor enthusiasts appreciate Granite Peak Ski Area, which features Wisconsin's highest vertical drop at 700 feet. The city maintains 37 parks across 337 acres, while downtown's Whitewater Park draws kayakers to its Class I-II+ rapids. Cultural attractions include the Leigh Yawkey Woodson Art Museum, home to the internationally acclaimed "Birds in Art" exhibition, and the restored Grand Theater, a performing arts venue dating to 1927. The local economy spans healthcare, insurance, and manufacturing sectors, while the area's agricultural heritage includes its position as a major ginseng cultivation center. The region is also known for its distinctive red granite quarries.
East Towne Wausau residents have access to downtown retail, like Sweets on 3rd, a coffee and sweets shop.
The eastern portion of Wausau has some of the larger historic builds, including Victorian styles.
The Wisconsin River flows through Wausau, and is easily accessible to residents of East Towne.
As of February 2026, the average apartment rent in Wausau, WI is $1,143 for a studio, $1,036 for one bedroom, $1,284 for two bedrooms, and $2,038 for three bedrooms. Apartment rent in Wausau has increased by 4.9% in the past year.
The cost of living in Wausau, WI is 6.3% lower than the national average. Generally, housing in Wausau is 19.3% less expensive than the national average, with rent falling between $1,036 - $2,038. You can expect to pay 0.9% less for groceries, 3.8% more for utilities, and 2.6% less for transportation.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades K-5
98 Students
Public
Grades K-5
240 Students
Public
Grades K-5
233 Students
Public
Grades PK-5
384 Students
Public
Grades K-5
329 Students
Public
Grades 6-8
1,006 Students
Public
Grades 6-8
683 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† 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.