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Rental Market Trends in Janesville, WI

What is the average rent in Janesville, WI?

$1,089/month

Average Rent

686 Sq Ft

Average Apartment Size

+3.7%

Increase in the Last Year

As of June 2025, the average rent in Janesville, WI is $1,089 per month. This is 33% lower than the national average rent of $1,628/month, making renting in Janesville more affordable than most cities in the US. When you rent an apartment in Janesville, you can expect to pay about $1,074 per month for a studio, $1,089 for a one-bedroom apartment, and around $1,144 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,622 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,074/month
516 Sq Ft
One Bedroom
$1,089/month
686 Sq Ft
Two Bedroom
$1,144/month
985 Sq Ft
Three Bedroom
$1,622/month
1,240 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,056/month
180 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Janesville, WI?

In the past year, rent has increased by 3.7%, which averages out to $41 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Janesville, WI
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Janesville, WI
Percentage*
Rent Range
36% Below $700/month
29% $700 - $1,000/month
26% $1,001 - $1,500/month
10% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Janesville, WI?

Because the average rent in Janesville is $1,089, you’ll want to make about $3,630 per month or $43,560 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 Janesville, WI is 3.6% lower than the national average. Generally, housing in Janesville is 12.2% less expensive than the national average, with rent falling between $1,074 - $1,622. You can expect to pay 6.6% less for groceries, 15.1% more for utilities, and 19.3% more for transportation.

City

Janesville, WI

293 Available Apartments for Rent

Search for Nearby Apartments

How does Janesville, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Janesville, 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.

Explore the Area Guide for Janesville, WI

Apartment Averages

Nearby City Rent Trends

  • Milton Average Rent
  • Beloit Average Rent
  • South Beloit Average Rent
  • Whitewater Average Rent

Apartment communities in Janesville we think you'll love

The Idylwood

The Idylwood

800 Myrtle Wy,
Janesville, WI 53545

Studio - 3 Beds | $1,300 - $2,560

The Glade Residences

The Glade Residences

701-711 Myrtle Way,
Janesville, WI 53545

Studio - 3 Beds | $1,260 - $2,290

Village Green East Apartments

Village Green East Apartments

3121 Village Ct,
Janesville, WI 53546

1-3 Beds | $875 - $2,000

96 East Apartments

96 East Apartments

1601 N Randall Ave,
Janesville, WI 53545

1 Bed | $991 - $1,225

Property Management Companies in Janesville, WI

Oakbrook Corporation
Oakbrook Corporation
  • 51

    Communities

  • 4,965

    Units

  • 31

    Cities

1 Community in Janesville
MLG Asset Management LLC
MLG Asset Management LLC
  • 35

    Communities

  • 6,370

    Units

  • 24

    Cities

1 Community in Janesville
Integrity Investments, Inc.
Integrity Investments, Inc.
  • 20

    Communities

  • 1,381

    Units

  • 19

    Cities

1 Community in Janesville
Spaulding Group
Spaulding Group
  • 13

    Communities

  • 1,682

    Units

  • 10

    Cities

1 Community in Janesville

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United States Wisconsin Janesville Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity