Cheapest Cities to Rent in Wisconsin (2026)

The cheapest rent in Wisconsin is in Appleton, WI, where a 2-bedroom averages $1,236/mo and a 1-bedroom $960/mo (2026 HUD Fair Market Rent) — $187/mo below the Wisconsin average 2BR of $1,423. The table below ranks all 3 of the cheapest cities to rent in Wisconsin.

$1,236
Cheapest 2BR
$1,423
State Average 2BR
$187
Monthly Savings
$2,244
Yearly Savings

Top 3 Cheapest Cities in Wisconsin

Ranked by 2-bedroom rent price (lowest first)

RankCityStudio1 Bed2 Bed3 BedIncome Needed
#1
Appleton, WI$858$960$1,236$1,701$49,440/yr
#2
Milwaukee, WI$1,027$1,119$1,338$1,648$53,520/yr
#3
Madison, WI$1,268$1,482$1,694$2,236$67,760/yr

Why These Wisconsin Cities Are Affordable

Wisconsin ranks as highly affordable for renters. Milwaukee offers big-city amenities at moderate prices, while Madison provides university town culture at reasonable costs.

  • Below-average housing costs: These cities have housing indices lower than the state average of 85
  • Lower demand: Smaller populations and less competitive markets keep prices reasonable
  • Diverse housing stock: Mix of older and newer buildings provides options at various price points
  • Regional economies: Local job markets support working populations without coastal-city premiums

Income Requirements

Using the standard 30% of income guideline, here's what you need to earn to afford rent in Wisconsin's cheapest cities:

#1: Appleton
2BR: $1,236/mo requires $49,440/year
#2: Milwaukee
2BR: $1,338/mo requires $53,520/year
#3: Madison
2BR: $1,694/mo requires $67,760/year

How Wisconsin's Cheapest Cities Compare

vs State Average
-$187/mo
cheaper than Wisconsin average
vs National Average
-$337/mo
below US median ($1,573)
Cost of Living Index
93
Below national average (100)

What to Consider Before Moving

Best For

  • ✓Budget-conscious renters
  • ✓Beer enthusiasts
  • ✓Sports fans
  • ✓Those seeking lakeside living

Considerations

  • •Cold winters
  • •Limited major metros
  • •Lake effect weather

Cheapest Rent in Wisconsin: FAQ

Where is the cheapest rent in Wisconsin?

The cheapest rent in Wisconsin is in Appleton, WI, where a 2-bedroom averages $1,236/month and a 1-bedroom $960/month in 2026 (HUD Fair Market Rent). Next cheapest: Milwaukee ($1,338), Madison ($1,694).

How much can I save renting in Wisconsin's cheapest cities?

By choosing Wisconsin's cheapest city over the state average 2BR of $1,423, you could save $187/month or $2,244/year on rent.

Is rent in Wisconsin's cheapest city below the US average?

Yes. A 2-bedroom in Appleton costs $1,236/month, which is $337/month below the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).

What income do I need to rent in Wisconsin's cheapest cities?

To afford the cheapest 2BR in Wisconsin at $1,236/month, you need approximately $49,440/year based on the 30% of income guideline.