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Rental Market Trends in River Falls, WI

Updated September 2026

The average rent in River Falls, WI is $1,233/month.

Rent in River Falls is 26% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,233/month

Average Rent

713 Sq Ft

Average Size

+4.4%

Change / Year

96

Available Apartments

River Falls rent varies by unit size and layout:

  • Studio apartments in River Falls average $1,279 per month.
  • One-bedroom apartments in River Falls average $1,233 per month.
  • Two-bedroom apartments in River Falls average $1,308 per month.
  • Three-bedroom apartments in River Falls average $1,724 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,279/month
524 Sq Ft
One Bedroom
$1,233/month
713 Sq Ft
Two Bedroom
$1,308/month
967 Sq Ft
Three Bedroom
$1,724/month
1,151 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,124/month
1,475 Sq Ft
View River Falls Apartments

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

In the past year, rent has increased by 4.4%, which averages out to $55 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in River Falls, WI

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in River Falls, WI
Percentage*
Rent Range
11% Below $700/month
29% $700 - $1,000/month
25% $1,001 - $1,500/month
32% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

  • 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
$1,258/month
687 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
$1,258/month
687 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
$1,258/month
687 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 $1,233, you’ll want to make about $4,110 per month or $49,320 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

96 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.

View the River Falls Area Guide

Apartment Averages

Pierce Far Eastern Suburbs

River Falls, WI

Pierce Far Eastern Suburbs

River Falls, WI

Studio
$1,476/month
$1,476/month
One Bedroom
$973/month
$973/month
Two Bedroom
$1,061/month
$1,061/month
Three Bedroom
$1,368/month
$1,368/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Hudson

    Hudson

    Avg Rent: $1,275/month

  • Prescott

    Prescott

    Avg Rent: $1,410/month

  • Ellsworth

    Ellsworth

    Avg Rent: $744/month

Apartment Communities in River Falls We Think You'll Love

The Aberdeen

The Aberdeen

3431 Aberdeen Pl,
River Falls, WI 54022

2 Beds | $1,620 - $1,690

Peregrine Terrace

Peregrine Terrace

798 Peregrine Cir,
River Falls, WI 54022

2 Beds | $1,665

Brookgreen Townhomes

Brookgreen Townhomes

1496 Pebble Trl,
River Falls, WI 54022

1-3 Beds | $1,899 - $2,550

University Falls Apartments

University Falls Apartments

215 W Cascade Ave,
River Falls, WI 54022

2-4 Beds | $1,340 - $2,240

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Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in River Falls?

The average rent in River Falls is $1,233 per month, which is 25.9% lower than the national average of $1,665.

Are rents going up or down in River Falls?

Rents in River Falls, WI are increasing, with prices up 4.4% year-over-year and $55 more per month.

What rent range is most common in River Falls?

In River Falls, WI, 32% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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