Apartments for Rent in New Richmond, WI

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What to Know About

Life in New Richmond & Beyond

New Richmond 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

New Richmond, WI

As of June 2026, 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 12.5% ($180) higher than the Wisconsin average of $1,437 and 10.0% ($180) lower than the U.S. average of $1,797.

Average Rent
$1,617
Monthly ChangeMonth Over Month Change
Increased0.4% ($7)
Yearly ChangeYear Over Year Change
Decreased4.8% ($82)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,417 Increased0.1% ($2) Increased0.2% ($3)
2 Beds $1,685 Decreased0.1% ($1) Decreased3.3% ($57)
3 Beds $1,990 Decreased4.2% ($88) Decreased8.1% ($175)
Nearby Cities Average Rent Avg. Rent vs. New RichmondAverage Rent vs. New Richmond Avg. Days on MarketAverage Days on Market
Somerset $1,677 Increased3.7% ($60) 37 days
Roberts $1,857 Increased14.8% ($240) 40 days
Hudson $1,314 Decreased18.7% ($303) 39 days
Stillwater $3,331 Increased106% ($1714) 43 days
Woodville $915 Decreased43.4% ($702) 41 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.

The average rent in New Richmond, WI is $1,617 per month.
Apartments in New Richmond typically rent for between $992 and $2,587 per month, with an average of $1,617 per month.
In New Richmond, the average rent for a 1-bedroom apartment is $1,417 per month, for a 2-bedroom apartment, $1,685 per month, and a 3-bedroom apartment is $1,990 per month.
The average rent in New Richmond is 10% ($180) lower than the national average of $1,797 per month.
The average rent in New Richmond has increased by 0.4% ($7) in the last month and decreased by 4.8% ($82) over the past year.
The rental market in New Richmond, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 27 rental properties available in New Richmond, WI.
Based on the current averages, a household would need an annual income of $67,400 to comfortably afford a 2-bedroom apartment in New Richmond.
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