Diamond Ridge Apartments
1315 Woodman Rd,
Janesville, WI 53545
1-3 Beds | $1,320 - $1,995
Rental Market Trends in Janesville, WI
Updated July 2026
The average rent in Janesville, WI is $1,154/month.
Rent in Janesville is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,154/month
Average Rent
685 Sq Ft
Average Size
+4.9%
Change / Year
237
Available Apartments
Janesville rent varies by unit size and layout:
- Studio apartments in Janesville average $1,149 per month.
- One-bedroom apartments in Janesville average $1,154 per month.
- Two-bedroom apartments in Janesville average $1,175 per month.
- Three-bedroom apartments in Janesville average $1,699 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Janesville, WI?
In the past year, rent has increased by 4.9%, which averages out to $57 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Janesville, WI
July 2026
Below $701
Most rental prices fall within this range
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 $1,154, you’ll want to make about $3,846 per month or $46,152 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 2.7% lower than the national average. Generally, housing in Janesville is 8.4% less expensive than the national average, with rent falling between $1,149 - $1,699. You can expect to pay 2.7% less for groceries, 14.0% 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.
View the Janesville Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Janesville?
The average rent in Janesville is $1,154 per month, which is 30.6% lower than the national average of $1,663.
Are rents going up or down in Janesville?
Rents in Janesville, WI are increasing, with prices up 4.9% year-over-year and $57 more per month.
What rent range is most common in Janesville?
In Janesville, WI, 36% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.