Foundry on 3rd
215 3rd St,
Wausau, WI 54403
Studio - 3 Beds | $1,050 - $3,090
Rental Market Trends in Wausau, WI
What is the average rent in Wausau, WI?
$981/month
Average Rent
720 Sq Ft
Average Apartment Size
+5.6%
Increase in the Last Year
As of June 2025, the average rent in Wausau, WI is $981 per month. This is 40% lower than the national average rent of $1,628/month, making renting in Wausau more affordable than most cities in the US. When you rent an apartment in Wausau, you can expect to pay about $943 per month for a studio, $981 for a one-bedroom apartment, and around $1,256 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,885 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 Wausau, WI?
In the past year, rent has increased by 5.6%, which averages out to $56 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 June 2025
Legend
2024
2025
Rent Ranges in Wausau, WI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
33%
$700 - $1,000/month
36%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wausau?
Based on current rent prices, Downtown Wausau is the most affordable neighborhood in Wausau.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wausau?
Based on current rent prices, Downtown Wausau is the most expensive neighborhood in Wausau.
Neighborhood
Average Rent
Average Sq Ft
Which Wausau neighborhoods have the most rentals available?
The neighborhood in Wausau with the most apartments available is Downtown Wausau .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wausau, WI?
Because the average rent in Wausau is $981, you’ll want to make about $3,270 per month or $39,240 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 Wausau, WI is 8.5% lower than the national average. Generally, housing in Wausau is 25.0% less expensive than the national average, with rent falling between $943 - $1,885. You can expect to pay 0.9% less for groceries, 2.2% more for utilities, and 1.2% more for transportation.
How does Wausau, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Wausau, 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.
Studio
-
-
One Bedroom
$1,039/month
$1,039/month
Two Bedroom
$1,248/month
$1,248/month
Three Bedroom
-
-
Nearby City Rent Trends
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Property Management Companies in Wausau, WI
Lokre Companies
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10
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503
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9
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4 Communities in Wausau
Diamond Property Management, LLC
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35
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2,075
Units
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21
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3 Communities in Wausau
National Management
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23
Communities
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2,083
Units
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16
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3 Communities in Wausau
MLG Asset Management LLC
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35
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6,370
Units
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24
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2 Communities in Wausau
Gorman & Company
-
36
Communities
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3,199
Units
-
18
Cities
2 Communities in Wausau
Penkert Properties Ltd.
-
17
Communities
-
964
Units
-
12
Cities
2 Communities in Wausau
Northern Management
-
95
Communities
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7,236
Units
-
39
Cities
1 Community in Wausau
Lexington Management
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36
Communities
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3,685
Units
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15
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1 Community in Wausau
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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 June 2025.
* Percentages may not total 100 due to rounding.