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City · 14,782 residents · Chippewa County, Wisconsin

Chippewa Falls , Wisconsin

In Chippewa Falls, a typical home is worth $210,400 and typical rent is $910 a month. Compared with all of Chippewa County, typical household income is 23% lower, the typical home value is 18% lower, and the share of households that own their home is 23 points lower.

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  • Typical home value

    $210,400

    18% below the county

    21% below Wisconsin

    • Chippewa Falls
    • Chippewa
    • Wisconsin

  • Typical rent

    $910a month

    6% below the county

    16% below Wisconsin

    • Chippewa Falls
    • Chippewa
    • Wisconsin

  • Typical household income

    $57,873a year

    23% below the county

    25% below Wisconsin

    • Chippewa Falls
    • Chippewa
    • Wisconsin

  • Households that own their home

    51%

    23 points below the county

    17 points below Wisconsin

    • Chippewa Falls
    • Chippewa
    • Wisconsin

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$337,468
2.8% more than 12 months ago
Typical rent
$1,332 a month
6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Chippewa Falls is in Chippewa County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Chippewa County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Chippewa Falls apart

What this place has that others do not, from public data, most unusual first.

  1. 51% of households in Chippewa Falls own their home, against 74% in Chippewa County.

  2. The typical household income in Chippewa Falls is $57,873, 23% less than in Chippewa County as a whole ($74,680).

  3. The typical home in Chippewa Falls is worth $210,400, 18% less than in Chippewa County as a whole ($257,900).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Chippewa Falls

What homes there are in Chippewa Falls, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Chippewa Falls (52%), but less so than in Chippewa County (75%).

Year built

Homes in Chippewa Falls are smaller: 47% have 3 bedrooms or more; in Chippewa County, 67%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 98% of owner-occupied homes in Chippewa Falls are worth less than $500,000, below the FHA loan limit for Chippewa County ($541,287).

Monthly rent with utilities

With a mortgage

$1,464 a month

Chippewa County: $1,538 a month

Without a mortgage

$554 a month

Chippewa County: $588 a month

Owners with a mortgage

56%

Chippewa County: 56%

The typical cost for an owner with a mortgage in Chippewa Falls is $1,464 a month, near the figure in Chippewa County ($1,538).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Chippewa Falls rose 56% since 2015–2019, about the same as in Chippewa County (54%).

Rents in Chippewa Falls rose more slowly than in Chippewa County: 11% since 2015–2019, against 17%.

While home values in Chippewa Falls changed +56% and rent +11%, the typical household income rose 23%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureChippewa FallsChippewa CountyWisconsinUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.5%0.9%
More than one person per room Unreliable estimate1.0%1.7%3.4%
People per household 2.072.362.332.53
Drive alone 76%76%74%69%
Carpool 9%9%7%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 10%12%13%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutesUnreliable estimate10 to 19 minutes20 to 29 minutes

Households in Chippewa Falls are smaller: 2.07 people on average; in Chippewa County, 2.36.

To get to work, 76% of workers in Chippewa Falls drive alone; in Chippewa County, 76%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Chippewa Falls?

A typical home costs more than the typical income allows

We start with a typical home in Chippewa Falls, worth $210,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Chippewa Falls, which is $57,873 a year. For that payment to be 28% of income, a household would need to earn about $77,568 a year.

The calculator's FHA and conventional loan limits are those of all of Chippewa County.

Your numbers

Local data
$

Starts at the typical home value in Chippewa Falls. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,364 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,810

at 7.18% · 30 years

Loan amount
$206,589
Total interest
$297,233
Paid off in
November 2056

Includes $3,553 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,350 a month

  • Tight

    $1,350 to $1,736 a month

  • Hard

    more than $1,736 a month

    Your payment · 38%

Compared with the typical household income in Chippewa Falls ($57,873 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,810
Principal & interest$1,400
Property tax$230
Home insurance$88
FHA mortgage insurance (MIP)$93

You need at least $7,364 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Chippewa Falls and Chippewa County

Chippewa Falls is in Chippewa County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Chippewa Falls's own numbers

Typical home value
$210,400
Typical monthly rent
$910
Typical yearly household income
$57,873
Households that own their home
51%
Effective property tax rate
1.31%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Chippewa County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,259
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
3.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Chippewa County.

Everything about Chippewa County

Buying

Buying a home in Chippewa Falls

A typical home in Chippewa Falls is worth $210,400: 18% below the county and 21% below Wisconsin. With the typical household income in Chippewa Falls ($57,873 a year), a typical home costs 3.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Chippewa Falls 3.6 years
  • Chippewa 3.5 years
  • Wisconsin 3.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Chippewa County

According to FHFA’s house price index, home prices in Chippewa County rose 109% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Chippewa County.

Period County Wisconsin U.S.
Last year (2025) +8.1% +5.4% +2.9%
5 years (2020–2025) +61% +57% +47%
10 years (2015–2025) +109% +96% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Chippewa Falls next to Chippewa County, Wisconsin and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Chippewa Falls $210,400
  • Chippewa $257,900
  • Wisconsin $266,500
  • United States $332,700
Typical monthly rent
  • Chippewa Falls $910
  • Chippewa $963
  • Wisconsin $1,087
  • United States $1,413
Typical yearly household income
  • Chippewa Falls $57,873
  • Chippewa $74,680
  • Wisconsin $77,485
  • United States $80,734
See the full table
Chippewa Falls next to Chippewa County and Wisconsin
Measure Chippewa Falls Chippewa County Wisconsin U.S.
Typical home value $210,400 $257,900 $266,500 $332,700
Typical monthly rent $910 $963 $1,087 $1,413
Typical yearly household income $57,873 $74,680 $77,485 $80,734
Households that own their home 51% 74% 68% 65%
Typical yearly property tax $2,762 $2,798 $3,792 $3,119
Effective property tax rate 1.31% 1.08% 1.42% 0.94%
Renters with high rent for their income 40% 42% 44% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Chippewa County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Chippewa Falls

For a typical $210,400 home in Chippewa Falls, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Chippewa Falls's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,810a month

    Least cash to close
    Down payment
    $7,364
    Cash to close
    $13,676
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $93

  • Conventional, 5% down $1,771a month

    Down payment
    $10,520
    Cash to close
    $16,832
    Rate
    7.18%
    Mortgage insurance
    PMI · $100

  • Conventional, 20% down, no PMI $1,458a month

    Down payment
    $42,080
    Cash to close
    $48,392
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,652a month

    Down payment
    $31,560
    Cash to close
    $37,872
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Chippewa Falls and for Chippewa County.

Property tax

Effective rate in Chippewa Falls

1.31%of the home’s value each year

$2,762 a year for the typical owner in Chippewa Falls.

  • Chippewa Falls 1.31%
  • Chippewa 1.08%
  • Wisconsin 1.42%

What Wisconsin publishes Lottery and Gaming Credit for your primary residence (Wisconsin Department of Revenue)

Exemptions and deadlines in Wisconsin

Flood risk in Chippewa County

FEMA does not publish these numbers by city: they are for all of Chippewa County.

Homes in the high-risk zone
3.6%
816
Of those, with NFIP insurance
8%
County Wisconsin U.S.
Homes in the high-risk zone 3.6% 1.4% 3.5%
Of those, with NFIP insurance 8% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Chippewa Falls

Typical rent in Chippewa Falls is $910 a month: 6% below the county. In Chippewa Falls, 40% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Chippewa County, by unit size. To pay the 2-bedroom one ($1,259 a month) without spending more than 30% of your income, you would need to earn $24.21 an hour working full time.

HUD fair market rent for all of Chippewa County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,014 $19.50 $40,560
1 bedroom $1,017 $19.56 $40,680
2 bedrooms $1,259 $24.21 $50,360
3 bedrooms $1,695 $32.60 $67,800
4 bedrooms $1,701 $32.71 $68,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Chippewa Falls

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Chippewa Falls is in ZIP code 54729.

For 2 bedrooms it is $1,260: $1 more than the fair market rent for Chippewa County ($1,259).

  • 54729 $1,260$1,700

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Chippewa Falls when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Chippewa Falls

HUD lists 11 buildings with rents for lower incomes in Chippewa Falls. These are the largest.

  • Romeis Millstream Apartments 1 607 N High St, Chippewa Falls 54729 108 low-income homes · For older adults (608) 836-1152
  • Millstream II 509 N High St, Chippewa Falls 54729 61 low-income homes · For older adults (608) 836-1152
  • Homestead Village Senior Apts 320 Colome St, Chippewa Falls 54729 48 homes, 47 low-income · 1 bd: 25 · 2 bd: 23 · In service since 2002
  • Northern Apartments 6 W Grand Ave, Chippewa Falls 54729 43 low-income homes · 1 bd: 42 · 2 bd: 1 · In service since 2008 · For older adults (715) 723-7875
  • Bridgewater Apts 807 Bridgewater Ave, Chippewa Falls 54729 40 low-income homes · For older adults (715) 834-2691

See all 17 buildings in Chippewa County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Chippewa Falls

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Chippewa County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Chippewa Falls

No down payment, repair or rent-help program on our list is for Chippewa Falls or Chippewa County. The ones below are statewide in Wisconsin: they work in Chippewa Falls the same as in the rest of the state.

Which programs do I qualify for? All programs in Wisconsin

  • WHEDA Easy Close Advantage DPA

    Statewide in Wisconsin

    Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Repayable

    See the program Official page

  • WHEDA Capital Access DPA

    Statewide in Wisconsin

    Limited funds remain, per the source

    $7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Deferred

    See the program Official page

Housing counselors near Chippewa Falls

The HUD-approved agencies closest to the center of Chippewa Falls, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Western Dairyland Economic Opportunity Council Inc

    1 Better Way, Eau Claire · 12 miles away · Spanish

    Also serves in American Sign Language (ASL) and Hmong.

    • Mortgage delinquency and default
    • Homelessness services
    • and 2 more
    (715) 836-7511

  • First Nations Community Financial

    206 S Roosevelt Rd Ste 123, Black River Falls · 52 miles away

    • Budget and financial counseling
    • Workshops for new owners
    • and 3 more
    (715) 284-2470

  • CCCS of Sheboygan

    505 King Street, Suite 212, La Crosse · 78 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (844) 307-7220

All counseling agencies in Wisconsin

Help in Spanish near Chippewa Falls

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Chippewa Falls

HUD’s record names them for Chippewa Falls or Chippewa County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

One other authority has an office in Chippewa County: see the list Source: HUD

Cities

Other cities in Chippewa County

These cities are also in Chippewa County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Chippewa County Housing in Wisconsin

Nearby cities

The cities closest to Chippewa Falls, with the typical home value.

Neighboring counties

If Chippewa County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Chippewa Falls.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Chippewa Falls

Short answers with the numbers for Chippewa Falls and all of Chippewa County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Chippewa Falls?

The typical home value in Chippewa Falls is $210,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Chippewa County it is $257,900.

How much does it cost to rent in Chippewa Falls?

Typical rent in Chippewa Falls is $910 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Chippewa County is $1,259.

What is the FHA loan limit in Chippewa Falls?

Chippewa Falls uses the FHA limit for all of Chippewa County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Chippewa Falls?

The typical homeowner in Chippewa Falls pays $2,762 a year, according to the U.S. Census Bureau. That is 1.31% of the home’s value; in Chippewa County, the rate is 1.08%.

Where can I find free help to buy or rent in Chippewa Falls?

We found no HUD-approved counseling agencies with an office in Chippewa County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).