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Studio Apartments for Rent in Wausau, WI

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    Starting at $1,050 Per Month

    • Studio - 3 Beds

    215 3rd St, Wausau, WI 54403

    Your new apartment home awaits–Just opened November 1st, 2025! Welcome to your future home in downtown Wausau, where convenience meets modern living! Foundry on 3rd places you right in the heart of the action, with easy access to local shops, restaurants, and everything else that downtown Wausau has to offer.Foundry on 3rd features a range of amenities designed for both relaxation

    Foundry on 3rd PH 1, LLC

    215 3rd St, Wausau, WI 54403
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    Starting at $1,249 Per Month

    • Studio - 3 Beds

    1520 Elm St, Wausau, WI 54401

    Luxury Apartments in Wausau – Flexible Lease Terms!Now leasing studio, 1, 2, and 3-bedroom apartments with flexible lease options (1–12 months) and furnished or unfurnished layouts available. Located in the heart of Wausau, these upscale residences offer sweeping views of Rib Mountain and a unique blend of comfort, style, and convenience.Apartment Features-Open floor plans with

    bantr Wausau

    1520 Elm St, Wausau, WI 54401
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    Starting at $1,010 Per Month

    • Studio - 2 Beds

    400 River Dr, Wausau, WI 54403

    BEAUTIFUL LIVING ON THE BANKS OF THE WISCONSIN RIVER!Short stay on furnished apartments available! 3 months minimum stay. A quiet, independent-living community with furnished corporate housing, nestled between two of Wausau's most beautiful parks, on the banks of the Wisconsin River. Located directly on the miles-long, picturesque River Walk, and blocks from the heart of historic

    Island Place Apartments

    400 River Dr, Wausau, WI 54403
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    Starting at $675 Per Month

    • Studio - 2 Beds

    4111 Stewart Ave, Wausau, WI 54401

    The 4111 is located in Wausau, WI with convenient access to both WI-29 and US-51(I-39). Consisting of studios and 1-Bedrooms, these apartments come fully furnished with comfortable, modern furnishings including 32 inch flat-screen TVs and dishwashers. The property is ideally situated, close to parks, UW-Marathon County, the Aspirus Medical Center and more. All units in this building feature an

    The 4111

    4111 Stewart Ave, Wausau, WI 54401
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    Starting at $505 Per Month

    • Studio - 2 Beds

    W Campus Dr, Wausau, WI 54401

    Located within steps of Northcentral Technical College, Timberwolf Suites Student Living is a privately managed student apartment community serving the students of NTC and other surrounding schools. We guarantee you will truly love where you live. By living in Timberwolf Suites, you have the opportunity to expand your social network by meeting new friends locally and around the globe. Our campus

    Timberwolf Suites Student Apartments

    W Campus Dr, Wausau, WI 54401
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    $795 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    507 Hamilton St Unit 3, Wausau, WI 54403

    507 Hamilton St Unit 3, Wausau, WI 54403
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    $600 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Steuben

    519 Steuben St Unit 1, Wausau, WI 54403

    519 Steuben St Unit 1, Wausau, WI 54403

Why Live in Wausau

Granite Peak Ski Area and Rib Mountain State Park provide year-round outdoor recreation, from winter skiing to summer hiking with scenic lookout tower views. The Leigh Yawkey Woodson Art Museum showcases the internationally acclaimed "Birds in Art" exhibition with free admission, while The Grand Theater hosts Broadway shows in a restored historic setting. The 400 Block serves as the downtown social hub, featuring concerts and farmers markets. The Wisconsin River flows through the city, creating opportunities for kayaking, fishing for smallmouth bass, and waterfront activities at Bluegill Bay Park.

Single family homes in Wausau range from $105,000 to $773,000, with prices varying significantly by neighborhood. The Riverview area commands the highest prices with a $320,000 median for single family homes, while East Towne presents more affordable options with a $120,000 median. Forest Park homes have a $238,000 median price point, and Southeast Side properties typically sell for a $200,300 median. One bedroom condos start at a $112,000 median price, while two bedroom units have a $169,900 median.

The cost of living sits 8.5% below the national average. A family with school-age children needs approximately $98,000 annually to live comfortably, while renters require about $51,000. Property taxes in Marathon County stand at 1.51%, slightly higher than neighboring Lincoln County at 1.42%. The public East High School earned an A minus rating from Niche, as did the private Newman Catholic Middle and High School. Major employers include Aspirus Healthcare, Liberty Mutual Insurance, and Kolbe & Kolbe Millwork. The downtown area features local dining spots like Red Eye Brewing Company known for farm-to-table fare, and Ciao serving contemporary Italian cuisine.

Frequently Asked Questions

How much does it cost to rent a home in Wausau, WI?
The median rent for a home in Wausau, WI is $895 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Wausau, WI?
To comfortably afford the median rent in Wausau, WI, a household needs to earn roughly $35,800 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 $895 per month in Wausau, WI, renters typically need to show $2,685 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 Wausau, WI?
In Wausau, WI, the price-to-rent ratio is 22.7, 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
7
Median Rent
$895
Median Single Family Home Rent
$1,398
Median Condo Rent
$850
How to Rent a Home