New Richmond, WI Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Richmond is $1,396, a 6.57% increase compared to the previous year, when the average rent was $1,310.
One-bedroom apartments provide 692 square feet for $1,107, balancing privacy and affordability.
Two-beedroom units at $1,674 offer 1,045 square feet, perfect for roommates or small families.
Average rent in New Richmond, WI
Last updated: February 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,396 | 854 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,107 | 692 sq. ft. |
| 2 Beds | $1,674 | 1,045 sq. ft. |
| 3 Beds | n/a | n/a |
New Richmond, WI rent trends
Rental prices in New Richmond, WI have increased by 6.57% over the past year. The average rent moved from $1,310 to $1,396.
What's the typical rent budget in New Richmond, WI?
The largest share of rentals in New Richmond, WI (36%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Richmond, WI?
1,594 or 37% of the households in New Richmond, WI are renter-occupied while 2,696 or 63% are owner-occupied.
How New Richmond Compares to Other Cities
| City | Average Rent |
|---|---|
| New Richmond | $1,396 |
| Madison | $1,810 |
| Milwaukee | $1,567 |
| Appleton | $1,271 |
| La Crosse | $1,246 |
| Neenah | $1,267 |
| Brookfield | $1,871 |
| Oshkosh | $1,142 |
| Middleton | $1,582 |
| Onalaska | $1,425 |
| New Berlin | $1,656 |
| Woodbury, MN | $2,137 |
| Maplewood, MN | $1,447 |
| Cottage Grove, MN | $1,787 |
| Forest Lake, MN | $1,538 |
| Shoreview, MN | $1,747 |
| White Bear Lake, MN | $1,592 |
| Hudson, WI | $1,383 |
| Oakdale, MN | $1,791 |
| Little Canada, MN | $1,361 |
| River Falls, WI | $1,299 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Richmond apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.