The Element Apartments
746 Element Way,
Green Bay, WI 54304
$1,325 - $2,400
Studio - 3 Beds
$962/month
Average Rent
733 Sq Ft
Average Apartment Size
+2.4%
Increase in the Last Year
As of December 2025, the average rent in Green Bay, WI is $962 per month. This is 41% lower than the national average rent of $1,632/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 $847 per month for a studio, $962 for a one-bedroom apartment, and around $1,208 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,603 or more.
In the past year, rent has increased by 2.4%, which averages out to $23 more per month.
Based on current rent prices, MacArthur Heights, Starlite and Schmitt Park are the most affordable neighborhoods in Green Bay.
Based on current rent prices, Cormier, Creek View and Fort Howard are the most expensive neighborhoods in Green Bay.
The neighborhoods in Green Bay with the most apartments available are Central Green Bay, Eastern Green Bay and Downtown Green Bay .
Because the average rent in Green Bay is $962, you’ll want to make about $3,206 per month or $38,472 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.
The cost of living in Green Bay, WI is 8.9% lower than the national average. Generally, housing in Green Bay is 17.5% less expensive than the national average, with rent falling between $847 - $1,603. You can expect to pay 1.8% less for groceries, 16.2% less for utilities, and 3.8% more for transportation.
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.
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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 November 2025.
* Percentages may not total 100 due to rounding.