RentData

Average Rent in Oshkosh, WI Rents rising 4.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 171,357

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

Market Overview

Oshkosh, WI has rental prices ranging from $791/month to $1,582/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $812/month — 42% below the national average of $1,400/month. With a median household income of $72,873/year, spending $812/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Oshkosh Compares

With an average 2-bedroom rent of $1,055/month, Oshkosh ranks #18 most expensive of the 63 cities tracked in Wisconsin — pricier than 71% of all US cities in our data.

The Oshkosh Rental Market

The Oshkosh, WI area has a population of about 171,357 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Oshkosh, WI have risen by $45/month (4.5%) over the past year, from $1,010 to $1,055. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Oshkosh, WI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,480. The local median household income of $72,873 exceeds that threshold by $40,393, making Oshkosh relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Oshkosh, WI is $260,621, giving a price-to-rent ratio of 20.6. 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 Oshkosh's neighborhoods. Among the highest-value areas are River East ($184,785 median home value), Marina District ($200,214 median home value), Stevens Park ($213,950 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
$791
Affordable
1 Bedroom
$812
Affordable
2 Bedrooms
$1,055
4.5% YoY
Affordable
3 Bedrooms
$1,411
Affordable
4 Bedrooms
$1,582
Affordable
🔔
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Median Home Value
$260,621
Source: Zillow ZHVI
Est. monthly payment
$1,387/mo
20% down · 30yr · 7%

Is Oshkosh, 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
$42,200/year
Local median income: $72,873
To buy a median home
$55,485/year
US national median: $75,000
💡 Based on a 2BR rent of $1,055/month and 20% down on a $260,621 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 Oshkosh?

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

Should I Rent or Buy?

Break-even analysis using real Oshkosh data

$
Home Value
$260,621
2BR Rent
$1,055/mo
Mortgage Rate
7%
Monthly P&I
$1,387/mo
🏠 Buy

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

Total monthly buy cost: $1,919/movs rent: $1,055/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 $260,621 home at 7% rate

20% — $52,124
3%50%
Estimated Monthly Payment
$1,387
per month · 30 years · 7% APR
Loan Amount
$208,497
Total Paid
$499,368
Total Interest
$290,871
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Oshkosh

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Frequently Asked Questions

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🏘️Neighborhoods in Oshkosh

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Oshkosh

Is it cheaper to rent or buy here?

💵Rent Affordability in Oshkosh

Salary needed to afford rent here

🗺️All Cities in WI

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📋WI Tenant Rights

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