In Wisconsin Rapids, a typical home is worth $131,900 and typical rent is $888 a month. Compared with all of Wood County, the typical home value is 25% lower, typical household income is 19% lower, and the share of households that own their home is 16 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $154,046 to $226,601.
Typical rent
$1,041a month
▲ 6.3% more than 12 months ago
Typical rent from Zillow, March 2025 to September 2026: from $972 to $1,041.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Wisconsin Rapids is in Wood 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 Wood County. See the county
What this place has that others do not, from public data, most unusual first.
1
Wisconsin Rapids has the 5th lowest typical home value of the 156 cities in Wisconsin with more than 5,000 people ($131,900).
2
56% of households in Wisconsin Rapids own their home, against 73% in Wood County.
3
The typical household income in Wisconsin Rapids is $55,253,19% less than in Wood County as a whole ($67,989).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Wisconsin Rapids
What homes there are in Wisconsin Rapids, 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 houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Wisconsin Rapids
Wood County
Wisconsin
United States
Kind of home: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Wood County
Wisconsin
United States
Detached house
62%
73%
66%
61%
Attached house
6%
3%
4%
6%
Building of 2 to 4
9%
7%
9%
8%
Apartments (5 or more)
20%
12%
17%
19%
Mobile home
2%
5%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Wisconsin Rapids (62%), but less so than in Wood County (73%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Wisconsin Rapids
Wood County
Wisconsin
United States
Year built: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Wood County
Wisconsin
United States
Before 1960
44%
35%
33%
26%
1960–1979
28%
30%
24%
24%
1980–1999
12%
20%
22%
25%
2000–2009
10%
9%
13%
14%
2010 or later
6%
7%
9%
11%
Homes in Wisconsin Rapids are older: the typical year built is 1964; in Wood County, 1972.
There are fewer big homes in Wisconsin Rapids than in Wood County: 49% have 3 bedrooms or more, against 62%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K30%
$100K–$200K47%
$200K–$300K16%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Under $100K
30%
$100K–$200K
47%
$200K–$300K
16%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50012%
$500–$99951%
$1,000–$1,49926%
HUD fair market rent, 2 bedrooms: $1,014
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Under $500
12%
$500–$999
51%
$1,000–$1,499
26%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
About 64% of rented homes in Wisconsin Rapids cost less than HUD's 2-bedroom fair market rent for Wood County ($1,014); the rest cost more.
With a mortgage
$1,220 a month
Wood County: $1,331 a month
Without a mortgage
$504 a month
Wood County: $522 a month
Owners with a mortgage
56%
Wood County: 55%
Owning costs less in Wisconsin Rapids: with a mortgage, the typical cost is $1,220 a month; in Wood County, $1,331. Without one, $504.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Wisconsin Rapids+45%
Wood County+33%
Wisconsin+48%
United States+53%
Typical rent
Wisconsin Rapids+17%
Wood County+19%
Wisconsin+27%
United States+33%
Typical household income
Wisconsin Rapids+30%
Wood County+24%
Wisconsin+26%
United States+29%
Change since 2015–2019: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Wood County
Wisconsin
United States
Typical home value
+45%
+33%
+48%
+53%
Typical rent
+17%
+19%
+27%
+33%
Typical household income
+30%
+24%
+26%
+29%
From 2015–2019 to 2020–2024, the typical home value in Wisconsin Rapids rose 45%; in Wood County, it rose 33%.
The typical rent in Wisconsin Rapids rose 17% since 2015–2019, about the same as in Wood County (19%).
The typical household income in Wisconsin Rapids rose 30% over that time; home values changed +45% and rent +17%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Wisconsin Rapids and its comparisons
Measure
Wisconsin Rapids
Wood County
Wisconsin
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.5%
0.9%
More than one person per room
2.0%
1.3%
1.7%
3.4%
People per household
2.17
2.26
2.33
2.53
Drive alone
77%
77%
74%
69%
Carpool
11%
8%
7%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
3%
3%
3%
3%
Work from home
9%
10%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
More than one person per room: that is how 2.0% of households in Wisconsin Rapids live, near the figure in Wood County (1.3%).
Much as in Wood County, a household in Wisconsin Rapids has 2.17 people on average.
To get to work, 77% of workers in Wisconsin Rapids drive alone; in Wood County, 77%.
Do the math
What would you pay each month for a home in Wisconsin Rapids?
A typical home is within reach of the typical income
We start with a typical home in Wisconsin Rapids, worth $131,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in Wisconsin Rapids, which is $55,253 a year.
The calculator's FHA and conventional loan limits are those of all of Wood County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Wisconsin Rapids. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,617 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,190
at 7.18% · 30 years
Loan amount
$129,510
Total interest
$186,335
Paid off in
November 2056
Includes $2,227 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,289 a month
Your payment · 26%
Tight
$1,289 to $1,658 a month
Hard
more than $1,658 a month
Compared with the typical household income in Wisconsin Rapids ($55,253 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$877
Property tax
$199
Home insurance
$55
FHA mortgage insurance (MIP)
$58
You need at least $4,617 for the down payment, plus closing costs.
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.
Total monthly payment $1,190; principal and interest $877.
The city and its county
Wisconsin Rapids and Wood County
Wisconsin Rapids is in Wood 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).
Wisconsin Rapids
Map of Wood County, Wisconsin, with Wisconsin Rapids marked. Around it, the neighboring counties.
Wisconsin Rapids
Wood County
Other cities with a page
Wisconsin Rapids's own numbers
Typical home value
$131,900
Typical monthly rent
$888
Typical yearly household income
$55,253
Households that own their home
56%
Effective property tax rate
1.81%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Wood County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1.5%
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 Wood County.
A typical home in Wisconsin Rapids is worth $131,900: 25% below the county and 51% below Wisconsin. With the typical household income in Wisconsin Rapids ($55,253 a year), a typical home costs 2.4 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.
Wisconsin Rapids2.4 years
Wood2.6 years
Wisconsin3.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Wood County
According to FHFA’s house price index, home prices in Wood County rose 92% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Wood County.
Yearly change in FHFA’s price index in Wood County, 2016 to 2025
2016: +2.7% +2.7% 2016
2017: +2.5% +2.5% 2017
2018: +5.5% +5.5% 2018
2019: +4.0% +4.0% 2019
2020: +2.9% +2.9% 2020
2021: +9.9% +9.9% 2021
2022: +14.3% +14.3% 2022
2023: +10.5% +10.5% 2023
2024: +6.9% +6.9% 2024
2025: +8.8% +8.8% 2025
Change in FHFA’s price index in Wood County, Wisconsin and the United States
Period
County
Wisconsin
U.S.
Last year (2025)
+8.8%
+5.4%
+2.9%
5 years (2020–2025)
+61%
+57%
+47%
10 years (2015–2025)
+92%
+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
Wisconsin Rapids next to Wood 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
Wisconsin Rapids$131,900
Wood$175,600
Wisconsin$266,500
United States$332,700
Typical monthly rent
Wisconsin Rapids$888
Wood$856
Wisconsin$1,087
United States$1,413
Typical yearly household income
Wisconsin Rapids$55,253
Wood$67,989
Wisconsin$77,485
United States$80,734
See the full table
Wisconsin Rapids next to Wood County and Wisconsin
Measure
Wisconsin Rapids
Wood County
Wisconsin
U.S.
Typical home value
$131,900 ▼25% below the county
$175,600
$266,500
$332,700
Typical monthly rent
$888 ▲4% above the county
$856
$1,087
$1,413
Typical yearly household income
$55,253 ▼19% below the county
$67,989
$77,485
$80,734
Households that own their home
56% ▼16 points below the county
73%
68%
65%
Typical yearly property tax
$2,384 ▼12% below the county
$2,697
$3,792
$3,119
Effective property tax rate
1.81% ▲0.27 points above the county
1.54%
1.42%
0.94%
Renters with high rent for their income
45% ▲7 points above the county
38%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wood 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 Wisconsin Rapids
For a typical $131,900 home in Wisconsin Rapids, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Wisconsin Rapids's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,190a month
Least cash to close
Down payment
$4,617
Cash to close
$8,574
Rate
7.18%
Mortgage insurance
FHA MIP · $58
Conventional, 5% down$1,165a month
Down payment
$6,595
Cash to close
$10,552
Rate
7.18%
Mortgage insurance
PMI · $63
Conventional, 20% down, no PMI$969a month
Down payment
$26,380
Cash to close
$30,337
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,091a month
Down payment
$19,785
Cash to close
$23,742
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Wisconsin Rapids
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,190
$4,617
$129,511
7.18%
FHA MIP · $58
$8,574
580
Conventional, 5% down
$1,165
$6,595
$125,305
7.18%
PMI · $63
$10,552
620*
Conventional, 20% down, no PMI
$969
$26,380
$105,520
7.18%
None
$30,337
620*
ITIN, 15% down (example)
$1,091
$19,785
$112,115
8.18%
None
$23,742
Set by the lender
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.
Typical rent in Wisconsin Rapids is $888 a month: 4% above the county. In Wisconsin Rapids, 45% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Wood County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Wood County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$732
$14.08
$29,280
1 bedroom
$775
$14.90
$31,000
2 bedrooms
$1,014
$19.50
$40,560
3 bedrooms
$1,299
$24.98
$51,960
4 bedrooms
$1,357
$26.10
$54,280
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 Wisconsin Rapids
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Wisconsin Rapids has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,010 in 54495 to $1,110 in 54494.
1 of the 2 is above the fair market rent for Wood County ($1,014).
Fair market rent by ZIP code and size in Wisconsin Rapids, fiscal year 2027.
54494
$800
$850
$1,110
$1,410
$1,480
54495
$730
$780
$1,010
$1,310
$1,370
ZIP code2 bd3 bd
54494 $1,110$1,410
54495 $1,010$1,310
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Wisconsin Rapids 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 13 buildings with rents for lower incomes in Wisconsin Rapids. These are the largest.
WRHA 10th Ave, PV & SS1750 2nd Ave S, Wisconsin Rapids 54495130 low-income homes · Run by Wisconsin Rapids Housing Authority · Average payment: $434 a month · Average wait: 33 months · Homes at several sites(715) 423-7288
Timber Trails Apts3211 Franklin St, Wisconsin Rapids 5449464 low-income homes · 1 bd: 12 · 2 bd: 32 · 3 bd: 20 · In service since 1996
Sylvan Glen1150 19th Ave S, Wisconsin Rapids 5449560 low-income homes · 1 bd: 14 · 2 bd: 28 · 3 bd: 18 · In service since 1996
Chula Vista Manor1200 Huntington Ave, Wisconsin Rapids 5449460 homes, 59 low-income · For older adults(715) 421-5353
Pine Creek II2626 12th St S, Wisconsin Rapids 5449444 low-income homes · For families(715) 424-3931
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 Wood County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Wisconsin Rapids or Wood County. The ones below are statewide in Wisconsin: they work in Wisconsin Rapids the same as in the rest of the state.
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).
$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).
The HUD-approved agencies closest to the center of Wisconsin Rapids, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
FN
First Nations Community Financial
206 S Roosevelt Rd Ste 123, Black River Falls · 51 miles away
No legal help resource on our list is for Wisconsin Rapids or Wood County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Wisconsin Rapids and all of Wood 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 Wisconsin Rapids?
The typical home value in Wisconsin Rapids is $131,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wood County it is $175,600.
How much does it cost to rent in Wisconsin Rapids?
Typical rent in Wisconsin Rapids is $888 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wood County is $1,014.
What is the FHA loan limit in Wisconsin Rapids?
Wisconsin Rapids uses the FHA limit for all of Wood 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 Wisconsin Rapids?
The typical homeowner in Wisconsin Rapids pays $2,384 a year, according to the U.S. Census Bureau. That is 1.81% of the home’s value; in Wood County, the rate is 1.54%.
Where can I find free help to buy or rent in Wisconsin Rapids?
We found no HUD-approved counseling agencies with an office in Wood County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
