Average Rent in Green Bay, WI↑ Rents rising 8.7% YoY🔺 7th priciest in WI

Green Bay, WI has rental prices ranging from $841/month to $1,554/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $918/month — 34% below the national average of $1,400/month. With a median household income of $77,459/year, spending $918/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Green Bay Compares

With an average 2-bedroom rent of $1,147/month, Green Bay ranks #7 most expensive of the 63 cities tracked in Wisconsin — pricier than 78% of all US cities in our data.

The Green Bay Rental Market

The Green Bay, WI area has a population of about 329,375 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Green Bay, WI have risen by $92/month (8.7%) over the past year, from $1,055 to $1,147. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Green Bay, WI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $36,720. The local median household income of $77,459 exceeds that threshold by $40,739, making Green Bay relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Green Bay, WI is $287,627, giving a price-to-rent ratio of 20.9. With a break-even horizon of approximately 21 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 Green Bay's neighborhoods. Among the highest-value areas are Olde North ($202,946 median home value), Unified South Broadway ($204,099 median home value), Northwest Railway Gardens ($206,741 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.

Is Green Bay, WI Affordable?

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

Rent or Buy in Green Bay?

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

Living in Green Bay

Cost of living, job market, crime rates, and moving cost estimates.