Sherman Oaks Apartments
5301 Sherman St,
Wausau, WI 54401
1-2 Beds | $930 - $985
Rental Market Trends in Wausau, WI
Updated September 2026
The average rent in Wausau, WI is $1,089/month.
Rent in Wausau is 35% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,089/month
Average Rent
688 Sq Ft
Average Size
+2.9%
Change / Year
353
Available Apartments
Wausau rent varies by unit size and layout:
- Studio apartments in Wausau average $1,166 per month.
- One-bedroom apartments in Wausau average $1,089 per month.
- Two-bedroom apartments in Wausau average $1,370 per month.
- Three-bedroom apartments in Wausau average $2,046 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Wausau, WI?
In the past year, rent has increased by 2.9%, which averages out to $32 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Wausau, WI
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
11%
Below $700/month
33%
$700 - $1,000/month
39%
$1,001 - $1,500/month
13%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Wausau?
Based on current rent prices, Downtown Wausau and Wausau River District" are the most affordable neighborhoods in Wausau.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wausau?
Based on current rent prices, Downtown Wausau and Wausau River District" are the most expensive neighborhoods in Wausau.
Neighborhood
Average Rent
Average Sq Ft
Which Wausau neighborhoods have the most rentals available?
The neighborhoods in Wausau with the most apartments available are Downtown Wausau and Wausau River District" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wausau, WI?
Because the average rent in Wausau is $1,089, you’ll want to make about $3,630 per month or $43,560 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 6.2% lower than the national average. Generally, housing in Wausau is 19.3% less expensive than the national average, with rent falling between $1,089 - $2,046. You can expect to pay 0.9% less for groceries, 4.4% more for utilities, and 2.6% less 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.
View the Wausau Area GuideStudio
$1,305/month
$1,305/month
One Bedroom
$1,374/month
$1,374/month
Two Bedroom
$1,999/month
$1,999/month
Three Bedroom
-
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Schofield
Avg Rent: $1,297/month
-
Rothschild
Avg Rent: $1,346/month
-
Weston
Avg Rent: $842/month
-
Kronenwetter
Avg Rent: $1,056/month
-
Mosinee
Avg Rent: $890/month
Apartment Communities in Wausau We Think You'll Love
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Frequently Asked Questions
What is the average rent in Wausau?
The average rent in Wausau is $1,089 per month, which is 34.6% lower than the national average of $1,664.
What is the average rent for a house in Wausau?
The average rent for a house in Wausau, WI is $1,797 per month.
Are rents going up or down in Wausau?
Rents in Wausau, WI are increasing, with prices up 2.9% year-over-year and $32 more per month.
What rent range is most common in Wausau?
In Wausau, WI, 39% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.