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Rental Market Trends in Merrill, WI

Updated September 2026

The average rent in Merrill, WI is $992/month.

Rent in Merrill is 40% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$992/month

Average Rent

672 Sq Ft

Average Size

+0.7%

Change / Year

13

Available Apartments

Merrill rent varies by unit size and layout:

  • Studio apartments in Merrill average $515 per month.
  • One-bedroom apartments in Merrill average $992 per month.
  • Two-bedroom apartments in Merrill average $1,189 per month.
  • Three-bedroom apartments in Merrill average $1,670 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$515/month
350 Sq Ft
One Bedroom
$992/month
672 Sq Ft
Two Bedroom
$1,189/month
972 Sq Ft
Three Bedroom
$1,670/month
1,155 Sq Ft
View Merrill Apartments

How much has average rent changed in Merrill, WI?

In the past year, rent has increased by 0.7%, which averages out to $7 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Merrill, WI

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Merrill, WI
Percentage*
Rent Range
12% Below $700/month
25% $700 - $1,000/month
38% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Merrill is $992, you’ll want to make about $3,306 per month or $39,672 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.

City

Merrill, WI

13 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Merrill, 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 Merrill Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Wausau

    Wausau

    Avg Rent: $1,080/month

  • Schofield

    Schofield

    Avg Rent: $1,299/month

Apartment Communities in Merrill We Think You'll Love

The Lofts At City Hall

The Lofts At City Hall

713 E 2nd St,
Merrill, WI 54452

1-3 Beds | $869 - $1,194

Rock Ridge Estates

Rock Ridge Estates

900 Rock Ridge Ct,
Merrill, WI 54452

2 Beds | $1,175

309 N Kyes St

309 N Kyes St

309 N Kyes St,
Merrill, WI 54452

2 Beds | $1,479

Webster Street Estates

Webster Street Estates

2004 Webster St,
Merrill, WI 54452

2 Beds | $1,250 - $1,310

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Frequently Asked Questions

What is the average rent in Merrill?

The average rent in Merrill is $992 per month, which is 40.4% lower than the national average of $1,665.

Are rents going up or down in Merrill?

Rents in Merrill, WI are increasing, with prices up 0.7% year-over-year and $7 more per month.

What rent range is most common in Merrill?

In Merrill, WI, 38% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Wisconsin Merrill 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 September 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity