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, you could save $187/month or $2,244/year on rent.

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.

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)

Rank	City	Studio	1 Bed	2 Bed	3 Bed	Income 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

-$164/mo

cheaper than US average

Cost of Living Index

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