Median price for residential apartments in Wisconsin Rapids, WI as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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172 Wisconsin Rapids, WI, USA apartments for sale
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Wisconsin Rapids
According to statistics, the population in Wisconsin Rapids, WI amounts to 17,905, which shows decline 0% compared to the previous year. The median age of the city’s residents is 41. The average household income is $38,322, shifting growth 7% from the past year, and the average property value in Wisconsin Rapids, WI growth 3% to $86,800 throughout the year.
| Population | 17,905 |
| Median Age | 40.6 |
| Poverty Rate | 17% |
| Household Income | $38,322 |
| Number Of Employees | 7,708 |
| Median Property Value | $86,800 |
Household Income
The average household income in Wisconsin Rapids, WI grew from $35,775 to $38,322 in the past year. This data is an estimate based upon 8,244 households in Wisconsin Rapids, WI . The chart below presents how household income is distributed in Wisconsin Rapids, WI in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Wisconsin Rapids, WI shifted from $84,600 to $86,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wisconsin Rapids, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wisconsin Rapids, WI properties falls in the '$80,000 to $89,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Wisconsin Rapids, WI compared to median property taxes around the country. The prevalent amount of property taxes in Wisconsin Rapids, WI equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Wisconsin Rapids, WI, USA
Average apartment sale in Wisconsin Rapids: $175,061 (-2.7%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $239,400 | -4.7% |
| 1-bed apartments | $124,900 | +38.9% |
| 2-bed apartments | $107,167 | -0.7% |
| 3-bed apartments | $165,795 | +1% |
| 4+ bed apartments | $136,023 | +0.5% |
During Jan 2023, the average price for an apartment in/near Wisconsin Rapids, WI decreased by 2.7% to $175,061.
Knowing the current property prices is key if you plan to buy a studio in Wisconsin Rapids, WI. The average price for a studio has decreased since the last month, currently being $239,400. After collecting all data points, we now see that the average price for 1-bed apartment increased by 38.9% to $124,900. Asking price for 2-bed apartment also decreased by 0.7% and a place of this size will now cost you $107,167. A 3-bed apartment goes for $165,795, it increased by 1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $136,023.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $141,126 | +0.6% |
| Duplexes for sale | $1,314,250 | +0% |
| Land for sale | $30,085 | -2.8% |
While assessing the property pricing Wisconsin Rapids, WI, you can note that it remains flat with a price tag of $24,900. Price reports demonstrate that house price increased by 0.6% this month making it up to $141,126. An average value of duplex is $1,314,250, thus a median price for a duplex remains the same this month. The average price of the land for sale in Wisconsin Rapids, WI has decreased by 2.8%, and now equals $30,085.
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