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Tomahawk, WI Home for Rent

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    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    733 W Leather Ave, Tomahawk, WI 54487

    Lower level of an upper/lower duplex. Great views. Screened porch. laundry hookups. New A/C. In town. Water view. Lower level of an upper/lower duplex. Great views. Screened porch. laundry hookups. New A/C. In town. Water view.

    733 W Leather Ave, Tomahawk, WI 54487

Why Live in Tomahawk

Tomahawk, Wisconsin, is a small community known for its lakes, summer tourism, and strong community spirit. Surrounded by bodies of water like Lake Mohawksin, Lake Alice, and the Wisconsin River, it is a prime location for boating and fishing. The city’s 3,500 permanent residents are welcoming and supportive, often coming together to fund local projects and improve public spaces. SARA Park, with its sandy beach, boat launch, baseball fields, and indoor hockey rink, is a popular spot, as is the 24-mile Hiawatha and Bearskin State Trail for biking, walking, and snowmobiling. Washington Square Park, centrally located, features a playground and splashpad, recently updated with new lighting and seating. Residential areas feature Nationals, bungalows, and ranch-style homes on tree-lined streets, while lakefront properties with private docks are also available. Tomahawk schools offer hands-on learning and apprenticeship programs in various industries. Dining options include Tomahawk Family Restaurant, What’s Brewin’ coffee shop, and Castaways Bar and Grill, which offers lakeside dining. The Main Street Farmers Market runs from June to October, and the Lions Club Pow Wow Days in early July features parades, water skiing shows, and fireworks. For additional amenities, Rhinelander and Merrill are about 20 miles away, with Rhinelander-Oneida County Airport providing flights to major cities.

Frequently Asked Questions

How much does it cost to rent a home in Tomahawk, WI?
The median rent for a home in Tomahawk, WI is $1,250 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Tomahawk, WI?
To comfortably afford the median rent in Tomahawk, WI, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Tomahawk, WI, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Tomahawk, WI?
In Tomahawk, WI, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,250
Median Single Family Home Rent
$1,250
How to Rent a Home