Rents are 6% below what Janesville's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,216 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Janesville, WI is majority owner-occupied, 27.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Janesville, WI has changed in 5 years
The median rent in Janesville, WI stood at $1,005 in 2023 and currently runs about $1,216, reflecting a 21.0% increase over the period. Census figures show median household income at $73,446 today, compared with $63,259 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.
Discussions about Janesville
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Can you afford rent in Janesville on your salary?
At $1,216/mo, how Janesville rent compares to typical pay (30% rule).
Janesville rent by bedroom count
Median rent for each apartment size in Janesville. Click any size for full breakdown.
Tips for renters in Janesville
Last updated: August 17, 2026
The median rent in Janesville is $1,216/mo as of August 2026. A studio apartment averages $820/mo while a 2-bedroom runs $1,150/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,510/mo.
At 20% of local median household income ($73,446/yr), Janesville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.
Frequently asked questions
Is Janesville an affordable city for renters?
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Which Janesville neighborhoods have the lowest rent?
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What percentage of Janesville residents rent vs. own?
How does Janesville rent compare to the national average?
At $1,216/mo, rent takes ~20% of Janesville's median household income ($73,446/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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