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

New Richmond, WI

As of July 2025, New Richmond's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Richmond's average rent is 13.5% ($197) higher than the Wisconsin average of $1,457 and 6.8% ($121) lower than the U.S. average of $1,775.

Average Rent

$1,654

Monthly ChangeMonth Over Month Change

2.6% ($45)

Yearly ChangeYear Over Year Change

2.4% ($39)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,421	0.5% ($7)	9% ($117)
2 Beds	$1,726	0.9% ($16)	1.8% ($31)
3 Beds	$2,102	2.9% ($63)	8.2% ($159)

Nearby Cities	Average Rent	Avg. Rent vs. New RichmondAverage Rent vs. New Richmond	Avg. Days on MarketAverage Days on Market
Roberts	$1,800	8.8% ($146)	40 days
Hudson	$1,456	12% ($198)	39 days
Stillwater	$2,709	63.8% ($1055)	43 days
Woodville	$1,059	36% ($595)	41 days
River Falls	$1,531	7.4% ($123)	40 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

New Richmond Rental Market FAQs

Explore rental prices, market trends, and availability in New Richmond, WI.

What is the average rent in New Richmond, WI?

The average rent in New Richmond, WI is $1,654 per month.

What is the rental price range for houses in New Richmond, WI?

Houses in New Richmond typically rent for between $995 and $2,733 per month, with an average of $1,654 per month.

What is the average rent for different bedroom sizes in New Richmond, WI?

In New Richmond, the average rent for a 1-bedroom house is $1,421 per month, for a 2-bedroom house, $1,726 per month, and a 3-bedroom house is $2,102 per month.

How do rent prices in New Richmond, WI compare with the national average?

The average rent in New Richmond is 6.8% ($121) lower than the national average of $1,775 per month.

How have rent prices in New Richmond, WI changed recently?

The average rent in New Richmond has decreased by 2.6% ($45) in the last month and increased by 2.4% ($39) over the past year.

How competitive is the rental market in New Richmond, WI?

The rental market in New Richmond, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in New Richmond, WI?

In New Richmond, WI, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in New Richmond, WI?

There are currently 10 rental properties available in New Richmond, WI.

Can I afford to rent a house in New Richmond, WI?

Based on the current averages, a household would need an annual income of $69,040 to comfortably afford a 2-bedroom house in New Richmond.