Foundry on 3rd
215 3rd St,
Wausau, WI 54403
$1,050 - $3,090
Studio - 3 Beds
$1,029/month
Average Rent
717 Sq Ft
Average Apartment Size
+4.9%
Increase in the Last Year
As of March 2026, the average rent in Wausau, WI is $1,029 per month. This is 37% lower than the national average rent of $1,627/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 $1,150 per month for a studio, $1,029 for a one-bedroom apartment, and around $1,273 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,991 or more.
In the past year, rent has increased by 4.9%, which averages out to $51 more per month.
Based on current rent prices, Near West Side, Downtown Wausau and Wausau River District are the most affordable neighborhoods in Wausau.
Based on current rent prices, Wausau River District, Downtown Wausau and Near West Side are the most expensive neighborhoods in Wausau.
The neighborhoods in Wausau with the most apartments available are Downtown Wausau, Wausau River District and Near West Side .
Because the average rent in Wausau is $1,029, you’ll want to make about $3,430 per month or $41,160 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.
The cost of living in Wausau, WI is 6.3% lower than the national average. Generally, housing in Wausau is 19.3% less expensive than the national average, with rent falling between $1,029 - $1,991. You can expect to pay 0.9% less for groceries, 3.8% more for utilities, and 2.6% less for transportation.
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.
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† 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 February 2026.
* Percentages may not total 100 due to rounding.