Average Rent in Sheboygan, WI↑ Rents rising 10.5% YoY

Sheboygan, WI has rental prices ranging from $723/month to $1,458/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $851/month — 39% below the national average of $1,400/month. With a median household income of $71,898/year, spending $851/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Sheboygan Compares

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

The Sheboygan Rental Market

The Sheboygan, WI area has a population of about 117,783 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Sheboygan, WI have risen by $100/month (10.5%) over the past year, from $955 to $1,055. 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 Sheboygan, WI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,040. The local median household income of $71,898 exceeds that threshold by $37,858, making Sheboygan relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Sheboygan, WI is $264,820, 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.

Is Sheboygan, WI Affordable?

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

Rent or Buy in Sheboygan?

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

Living in Sheboygan

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