City Report · WI

Two Rivers

Pop. 11,231·55th most expensive in Wisconsin·One of the most affordable rental markets in the US
Median rent (all units)
$975/mo
Year-over-Year
Stable
Month-over-Month
-7.0%
vs US Median
-$957
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Two Rivers · $975
More affordable than 98% of US cities · National median $1,932/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $975/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$39,000/yr
Local median income
$57,222/yr
Based on the 30%-of-income rule using Two Rivers's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$710
1 BR
$760
2 BR
$950
3 BR
$1,270
4 BR+
$1,270
Fair Market Rent (HUD)
$950/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $975 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($57,222) is $1,431 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,270).

From Zillow's monthly rent index (ZORI) for Two Rivers. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,700/yr
At $975/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -7.0% MoM), not inventory.
Rent check

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Demographics

Who lives here

Two Rivers, WI is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.4% of residents hold a bachelor's degree or higher.

Population
11,231
Median income
$57,222
Median age
42.1
Renters
26.9%
Age distribution
22.6%
18.2%
23.6%
12.9%
22.8%
Under 1822.6%
18–3418.2%
35–5423.6%
55–6412.9%
65+22.8%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
84.7%
White84.7%
Hispanic6.8%
Asian1.1%
Other7.1%
Education (25+)
36.3%
36%
21.4%
No HS diploma6.4%
HS diploma36.3%
Some college36%
Bachelor's+21.4%
Housing tenure
73.1%
26.9%
Owner73.1%
Renter26.9%

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

2021 vs 2026

How Two Rivers, WI has changed in 5 years

Income
$54,544 → $57,222
up 4.9%
Population
11,276 → 11,231
down 0.4%
Renter share
26.8% → 26.9%
+0.1 pts
Bachelor's+
21.4% → 21.4%
+0.0 pts
Median age
45.7 → 42.1
-3.6 yrs

Census figures show median household income at $57,222 today, compared with $54,544 five years earlier.

Community

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View Two Rivers rent history (2015–2026) →
Salary vs rent

Can you afford rent in Two Rivers on your salary?

At $975/mo, how Two Rivers rent compares to typical pay (30% rule).

By apartment size

Two Rivers rent by bedroom count

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

Local insights

Tips for renters in Two Rivers

About renting in Two Rivers, WI

Last updated: October 17, 2026

The median rent in Two Rivers is $975/mo as of October 2026. A studio apartment averages $710/mo while a 2-bedroom runs $950/mo. One-bedroom apartments average $760/mo and 3-bedroom units go for $1,270/mo.

At 20% of local median household income ($57,222/yr), Two Rivers ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Two Rivers?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (about $19/hour full-time) to afford the median rent of $975/mo in Two Rivers. The local median household income is $57,222/yr, so the typical household meets that bar.

Is rent going up or down in Two Rivers?

Rent in Two Rivers has been roughly flat over the past year, a 0.0% change.

How does Two Rivers rent compare to other cities in Wisconsin?

Two Rivers is one of the more affordable among Wisconsin cities for rent, ranking #55 of 56 tracked cities at $975/mo.
Income Affordability
20%
VERY AFFORDABLE

At $975/mo, rent takes ~20% of Two Rivers's median household income ($57,222/yr). The standard benchmark is 30%.

Two Rivers 20%Benchmark 30%
State income tax3.5–7.65%
Run the Two Rivers affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Two Rivers, WI

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