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Rental Market Trends in River Falls, WI

What is the average rent in River Falls, WI?

$1,163/month

Average Rent

702 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of July 2025, the average rent in River Falls, WI is $1,163 per month. This is 29% lower than the national average rent of $1,637/month, making renting in River Falls more affordable than most cities in the US. When you rent an apartment in River Falls, you can expect to pay about $1,226 per month for a studio, $1,163 for a one-bedroom apartment, and around $1,285 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,677 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,226/month
386 Sq Ft
One Bedroom
$1,163/month
702 Sq Ft
Two Bedroom
$1,285/month
956 Sq Ft
Three Bedroom
$1,677/month
1,151 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
Three Bedroom
$1,909/month
1,098 Sq Ft

How much has average rent changed in River Falls, WI?

In the past year, rent has increased by 1.6%, which averages out to $19 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in River Falls, WI
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in River Falls, WI
Percentage*
Rent Range
7% Below $700/month
32% $700 - $1,000/month
25% $1,001 - $1,500/month
29% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in River Falls?

Based on current rent prices, Pierce Far Eastern Suburbs is the most affordable neighborhood in River Falls.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pierce Far Eastern Suburbs
$1,223/month
669 Sq Ft

What are the most expensive neighborhoods in River Falls?

Based on current rent prices, Pierce Far Eastern Suburbs is the most expensive neighborhood in River Falls.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pierce Far Eastern Suburbs
$1,223/month
669 Sq Ft

Which River Falls neighborhoods have the most rentals available?

The neighborhood in River Falls with the most apartments available is Pierce Far Eastern Suburbs .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pierce Far Eastern Suburbs
$1,223/month
669 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in River Falls is $1,163, you’ll want to make about $3,876 per month or $46,512 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

River Falls, WI

191 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare River Falls, 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 River Falls, WI

Apartment Averages

Pierce Far Eastern Suburbs

River Falls, WI

Pierce Far Eastern Suburbs

River Falls, WI

Studio
$1,379/month
$1,379/month
One Bedroom
$931/month
$931/month
Two Bedroom
$1,039/month
$1,039/month
Three Bedroom
$1,389/month
$1,389/month
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Nearby City Rent Trends

  • Hudson Average Rent

Apartment communities in River Falls we think you'll love

Brookgreen Townhomes

Brookgreen Townhomes

1496 Pebble Trl,
River Falls, WI 54022

1-3 Beds | $1,699 - $2,250

Peregrine Bldg. 01

Peregrine Bldg. 01

798 Peregrine Cir,
River Falls, WI 54022

2-3 Beds | $1,650 - $1,925

The Current Bldg. 03

The Current Bldg. 03

2988 Radio Rd,
River Falls, WI 54022

1-3 Beds | $1,415 - $1,945

University Falls

University Falls

215 W Cascade Ave,
River Falls, WI 54022

4 Beds | $2,000 - $2,080

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United States Wisconsin River Falls 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