Diamond Ridge Apartments
1315 Woodman Rd,
Janesville, WI 53545
$1,294 - $1,995
1-3 Beds
Rental Market Trends in Janesville, WI
What is the average rent in Janesville, WI?
$1,151/month
Average Rent
685 Sq Ft
Average Apartment Size
+6.3%
Increase in the Last Year
As of March 2026, the average rent in Janesville, WI is $1,151 per month. This is 29% lower than the national average rent of $1,627/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 $1,146 per month for a studio, $1,151 for a one-bedroom apartment, and around $1,172 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,699 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 Janesville, WI?
In the past year, rent has increased by 6.3%, which averages out to $73 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 March 2026
Legend
2025
2026
Rent Ranges in Janesville, WI
Last Updated March 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
36%
Below $700/month
26%
$700 - $1,000/month
29%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Janesville?
Based on current rent prices, Uptown District is the most affordable neighborhood in Janesville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Janesville?
Based on current rent prices, Uptown District is the most expensive neighborhood in Janesville.
Neighborhood
Average Rent
Average Sq Ft
Which Janesville neighborhoods have the most rentals available?
The neighborhood in Janesville with the most apartments available is Uptown District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Janesville, WI?
Because the average rent in Janesville is $1,151, you’ll want to make about $3,836 per month or $46,032 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 2.8% lower than the national average. Generally, housing in Janesville is 8.4% less expensive than the national average, with rent falling between $1,146 - $1,699. You can expect to pay 2.7% less for groceries, 13.3% more for utilities, and 0.9% more for transportation.
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.
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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 February 2026.
* Percentages may not total 100 due to rounding.