The Element Apartments
746 Element Way,
Green Bay, WI 54304
$1,325 - $2,400
Studio - 3 Beds
Rental Market Trends in Green Bay, WI
What is the average rent in Green Bay, WI?
$950/month
Average Rent
727 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of October 2025, the average rent in Green Bay, WI is $950 per month. This is 42% lower than the national average rent of $1,630/month, making renting in Green Bay more affordable than most cities in the US. When you rent an apartment in Green Bay, you can expect to pay about $848 per month for a studio, $950 for a one-bedroom apartment, and around $1,195 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,532 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Green Bay, WI?
In the past year, rent has increased by 1.9%, which averages out to $19 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent Ranges in Green Bay, WI
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
25%
Below $700/month
30%
$700 - $1,000/month
33%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Green Bay?
Based on current rent prices, Starlite, Schmitt Park and Eastern Green Bay are the most affordable neighborhoods in Green Bay.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Green Bay?
Based on current rent prices, Creek View, Cormier and Downtown Green Bay are the most expensive neighborhoods in Green Bay.
Neighborhood
Average Rent
Average Sq Ft
Which Green Bay neighborhoods have the most rentals available?
The neighborhoods in Green Bay with the most apartments available are Central Green Bay, Downtown Green Bay and Broadway District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Green Bay, WI?
Because the average rent in Green Bay is $950, you’ll want to make about $3,166 per month or $37,992 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Green Bay, WI is 9.3% lower than the national average. Generally, housing in Green Bay is 18.9% less expensive than the national average, with rent falling between $848 - $1,532. You can expect to pay 1.7% less for groceries, 16.6% less for utilities, and 3.3% more for transportation.
How does Green Bay, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Green Bay, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$837/month
-
Two Bedroom
$1,012/month
-
Three Bedroom
-
-
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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 September 2025.
* Percentages may not total 100 due to rounding.