Rents are 10% below what Stevens Point'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 $1,393 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: October 17, 2026
What the numbers show
Rent in Stevens Point is 1.6% below its high of $1,415 in March 2026, at $1,393 as of September 2026.
Rent in Stevens Point changed -0.4% over the year to September 2026. Across the 42 Wisconsin cities Zillow tracks, the typical change was +5.3%.
Rent rose in 7 of the last 12 months.
30% of the median household income ($58,031) is $1,451 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,340).
Wisconsin Rapids, 15 miles away, rents for 25% less ($1,041/mo), about $4,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Stevens Point. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Stevens Point, WI is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 37.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Stevens Point, WI has changed in 5 years
Local incomes tracked alongside that move, going from a median of $49,712 in 2021 to $58,031 more recently.
Discussions about Stevens Point
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Can you afford rent in Stevens Point on your salary?
At $1,393/mo, how Stevens Point rent compares to typical pay (30% rule).
Stevens Point rent by bedroom count
Median rent for each apartment size in Stevens Point. Click any size for full breakdown.
Tips for renters in Stevens Point
Last updated: October 17, 2026
The median rent in Stevens Point is $1,393/mo as of October 2026. A studio apartment averages $680/mo while a 2-bedroom runs $990/mo. One-bedroom apartments average $760/mo and 3-bedroom units go for $1,190/mo.
At 29% of local median household income ($58,031/yr), Stevens Point ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.
Frequently asked questions
How much income do you need to rent in Stevens Point?
Is rent going up or down in Stevens Point?
How does Stevens Point rent compare to other cities in Wisconsin?
Which nearby cities are cheaper to rent in than Stevens Point?
At $1,393/mo, rent takes ~29% of Stevens Point's median household income ($58,031/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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