RentData

Average Rent in Eau Claire, WI↑ Rents rising 5.1% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 172,886

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Eau Claire, WI has rental prices ranging from $831/month to $1,581/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $889/month — 36% below the national average of $1,400/month. With a median household income of $72,513/year, spending $889/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Eau Claire Compares

With an average 2-bedroom rent of $1,092/month, Eau Claire ranks #12 most expensive of the 63 cities tracked in Wisconsin — pricier than 74% of all US cities in our data.

The Eau Claire Rental Market

The Eau Claire, WI area has a population of about 172,886 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Eau Claire, WI have risen by $53/month (5.1%) over the past year, from $1,039 to $1,092. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Eau Claire, WI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,560. The local median household income of $72,513 exceeds that threshold by $36,953, making Eau Claire relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Eau Claire, WI is $320,964, giving a price-to-rent ratio of 24.5. With a break-even horizon of approximately 24 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Eau Claire's neighborhoods. Among the highest-value areas are North River Fronts ($200,480 median home value), North Side Hill ($208,317 median home value), West Riverside ($217,510 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$831
Affordable
1 Bedroom
$889
Affordable
2 Bedrooms
$1,092
↑5.1% YoY
Affordable
3 Bedrooms
$1,507
Affordable
4 Bedrooms
$1,581
Affordable
🔔
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▼
Median Home Value
$320,964
Source: Zillow ZHVI
Est. monthly payment
$1,708/mo
20% down · 30yr · 7%

Is Eau Claire, WI Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$43,680/year
Local median income: $72,513
To buy a median home
$68,332/year
US national median: $75,000
💡 Based on a 2BR rent of $1,092/month and 20% down on a $320,964 home at 7% rate.

Nearby Cities in WIlargest metros in the state

CityStudio1BR2BR3BRHome Value
Kenosha County$1,104$1,111$1,447$1,944—
Milwaukee$939$1,056$1,257$1,558—
Madison$1,080$1,282$1,472$1,935—
Green Bay$841$918$1,147$1,521—
Appleton$769$866$1,106$1,528—
Racine$788$901$1,149$1,490—

Rent or Buy in Eau Claire?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Eau Claire data

$
Home Value
$320,964
2BR Rent
$1,092/mo
Mortgage Rate
7%
Monthly P&I
$1,708/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,364/movs rent: $1,092/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $320,964 home at 7% rate

20% — $64,193
3%50%
Estimated Monthly Payment
$1,708
per month · 30 years · 7% APR
Loan Amount
$256,771
Total Paid
$614,990
Total Interest
$358,219
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Eau Claire

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Frequently Asked Questions

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🏘️Neighborhoods in Eau Claire

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Eau Claire

Is it cheaper to rent or buy here?

💵Rent Affordability in Eau Claire

Salary needed to afford rent here

🗺️All Cities in WI

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⚖️Compare Eau Claire

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📋WI Tenant Rights

Deposit limits, eviction laws & renters protections