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City Report · WI

Manitowoc

Pop. 34,620·47th most expensive in Wisconsin·One of the most affordable rental markets in the US
Median rent (all units)
$1,192/mo
Year-over-Year
Stable
Month-over-Month
+11.5%
vs US Median
-$773
Rising (Monthly)
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Most AffordableMost Expensive
Manitowoc · $1,192
More affordable than 93% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,192/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$48,000/yr
Local median income
$63,757/yr
Based on the 30%-of-income rule using Manitowoc's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$710
1 BR
$710
2 BR
$930
3 BR
$1,120
4 BR+
$1,240
Research median
$930/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,304/yr
At $1,192/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.5% MoM), not inventory.
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Demographics

Who lives here

Manitowoc, WI is majority owner-occupied, has a large retiree population, has a median income below the national average, 24.6% of residents hold a bachelor's degree or higher.

Population
34,620
Median income
$63,757
Median age
42.8
Renters
32.4%
Age distribution
20.5%
19.9%
22.8%
15.2%
21.6%
Under 1820.5%
18–3419.9%
35–5422.8%
55–6415.2%
65+21.6%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
84.6%
White84.6%
Black1.5%
Hispanic6.6%
Asian4.7%
Other2.7%
Education (25+)
34.2%
31.7%
24.6%
No HS diploma9.6%
HS diploma34.2%
Some college31.7%
Bachelor's+24.6%
Housing tenure
67.6%
32.4%
Owner67.6%
Renter32.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Manitowoc, WI has changed in 5 years

Income
$54,767 → $63,757
up 16.4%
Population
34,267 → 34,620
up 1.0%
Renter share
35% → 32.4%
-2.6 pts
Bachelor's+
23.6% → 24.6%
+1.0 pts
Median age
43.4 → 42.8
-0.6 yrs

On the earnings side, the typical household in Manitowoc, WI now reports about $63,757, up from $54,767 in 2021. Census counts show Manitowoc, WI adding about 353 residents over the five-year window, up 1.0% on net. The renter share has eased from 35% to 32.4%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Manitowoc

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View Manitowoc rent history (2015–2026) →
Salary vs rent

Can you afford rent in Manitowoc on your salary?

At $1,192/mo, how Manitowoc rent compares to typical pay (30% rule).

By apartment size

Manitowoc rent by bedroom count

Median rent for each apartment size in Manitowoc. Click any size for full breakdown.

Local insights

Tips for renters in Manitowoc

About renting in Manitowoc, WI

Last updated: July 20, 2026

The median rent in Manitowoc is $1,192/mo as of July 2026. A studio apartment averages $710/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $710/mo and 3-bedroom units go for $1,120/mo.

At 22% of local median household income ($63,757/yr), Manitowoc ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Manitowoc an affordable city for renters?

Manitowoc is considered very affordable for renters. At $1,192/mo, rent takes approximately 22% of the local median household income ($63,757/yr). The standard benchmark is 30%. Manitowoc falls comfortably within that range.

How much income do you need to rent in Manitowoc?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,192/mo in Manitowoc. The local median household income is $63,757/yr, meaning the typical Manitowoc household meets that threshold.

Is rent going up or down in Manitowoc?

Rent in Manitowoc has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Manitowoc rent compare to other cities in Wisconsin?

Manitowoc is one of the more affordable cities in Wisconsin for rent, ranking #47 out of 62 tracked cities at $1,192/mo.

Which nearby cities are cheaper to rent in than Manitowoc?

Several nearby cities have lower median rents than Manitowoc ($1,192/mo): Bellevue ($982/mo), Kaukauna ($1,116/mo), Two Rivers ($1,119/mo).

What percentage of Manitowoc residents rent vs. own?

According to Census data, approximately 32.4% of Manitowoc households are renters, while 67.6% are owner-occupied. Manitowoc leans toward homeownership, which can mean a smaller rental inventory.

How does Manitowoc rent compare to the national average?

Manitowoc's median rent of $1,192/mo is $773 (39%) below the US national median of $1,965/mo. Within Wisconsin, it ranks #47 out of 62 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,192/mo, rent takes ~22% of Manitowoc's median household income ($63,757/yr). The standard benchmark is 30%.

Manitowoc 22%Benchmark 30%
State income tax3.5–7.65%
Run the Manitowoc affordability calculator →
Lowest-rent ZIP codes in Manitowoc
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Manitowoc, WI

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