River North Apartments
1000 River Point Dr,
Manitowoc, WI 54220
Studio - 3 Beds | $945 - $2,595
Rental Market Trends in Manitowoc, WI
What is the average rent in Manitowoc, WI?
$762/month
Average Rent
714 Sq Ft
Average Apartment Size
+7%
Increase in the Last Year
As of December 2024, the average rent in Manitowoc, WI is $762 per month. This is 51% lower than the national average rent of $1,560/month, making renting in Manitowoc more affordable than most cities in the US. When you rent an apartment in Manitowoc, you can expect to pay about $824 per month for a studio, $762 for a one-bedroom apartment, and around $1,072 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,245 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Manitowoc, WI?
In the past year, rent has increased by 7%, which averages out to $54 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Manitowoc, WI
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
36%
$700 - $1,000/month
36%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Manitowoc?
Based on current rent prices, Wisconsin South Area is the most affordable neighborhood in Manitowoc.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Manitowoc?
Based on current rent prices, Wisconsin South Area is the most expensive neighborhood in Manitowoc.
Neighborhood
Average Rent
Average Sq Ft
Which Manitowoc neighborhoods have the most rentals available?
The neighborhood in Manitowoc with the most apartments available is Wisconsin South Area .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Manitowoc, WI?
Because the average rent in Manitowoc is $762, you’ll want to make about $2,540 per month or $30,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Manitowoc, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Manitowoc, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$745/month
$745/month
One Bedroom
$917/month
$917/month
Two Bedroom
$1,158/month
$1,158/month
Three Bedroom
$1,352/month
$1,352/month
Apartment communities in Manitowoc we think you'll love
Property Management Companies in Manitowoc, WI
Doneff Companies, LLC
-
13
Communities
-
954
Units
-
8
Cities
4 Communities in Manitowoc
PRE/3
-
176
Communities
-
13,838
Units
-
114
Cities
3 Communities in Manitowoc
Northern Management
-
103
Communities
-
8,007
Units
-
39
Cities
1 Community in Manitowoc
Focus Property Group
-
32
Communities
-
4,409
Units
-
15
Cities
1 Community in Manitowoc
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.