Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Colby & Beyond
Colby shares many of the great qualities that make Wisconsin a desirable place to live.
Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.
Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.
Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.
Rental Market Trends
Colby, WI
As of June 2026, Colby's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Colby's average rent is 51.9% ($746) lower than the Wisconsin average of $1,437 and 61.5% ($1,106) lower than the U.S. average of $1,797.
Average Rent
$691
Monthly ChangeMonth Over Month Change
0.4% ($3)
Yearly ChangeYear Over Year Change
4.4% ($32)
Avg. Days on MarketAverage Days on Market
38
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $610 | 3.8% ($24) | 3.7% ($22) |
| 2 Beds | $748 | 0.1% ($1) | 3% ($22) |
| 3 Beds | $922 | 0.2% ($2) | No change |
| Nearby Cities | Average Rent | Avg. Rent vs. ColbyAverage Rent vs. Colby | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Edgar | $1,082 | 56.6% ($391) | 34 days |
| Owen | $944 | 36.6% ($253) | 40 days |
| Marshfield | $1,000 | 44.7% ($309) | 38 days |
| Athens | $1,516 | 119.4% ($825) | 30 days |
| Greenwood | $931 | 34.7% ($240) | 39 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Colby Rental Market FAQs
Explore rental prices, market trends, and availability in Colby, WI.
The average rent in Colby, WI is $691 per month.
Homes in Colby typically rent for between $600 and $1,199 per month, with an average of $691 per month.
In Colby, the average rent for a 1-bedroom home is $610 per month, for a 2-bedroom home, $748 per month, and a 3-bedroom home is $922 per month.
The average rent in Colby is 61.5% ($1,106) lower than the national average of $1,797 per month.
The average rent in Colby has decreased by 0.4% ($3) in the last month and decreased by 4.4% ($32) over the past year.
The rental market in Colby, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Colby, WI, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $29,920 to comfortably afford a 2-bedroom home in Colby.
