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ZIP Code · WI

ZIP 54022

Pop. 24,789·Pierce County·43rd most expensive ZIP in Wisconsin
Median rent (all units)
$1,513/mo
Year-over-Year
-5.0%
Month-over-Month
-6.5%
vs US Median
-$452
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 54022 · $1,513
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,250
2 BR
$1,520
3 BR
$2,020
4 BR+
$2,270
Research median
$1,520/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
$18,156/yr
At $1,513/mo median
Location
StateWI
CountyPierce County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.0% YoY, -6.5% MoM), not inventory.
Demographics

Who lives here

ZIP 54022 (River Falls, WI) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 46.7% of residents hold a bachelor's degree or higher.

Population
24,789
Median income
$96,642
Median age
34.4
Renters
31.8%
Age distribution
18%
32.6%
23.3%
14.1%
Under 1818%
18–3432.6%
35–5423.3%
55–6412%
65+14.1%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
93.7%
White93.7%
Hispanic1.9%
Asian1.1%
Other3.1%
Education (25+)
20.3%
31.5%
46.7%
No HS diploma1.5%
HS diploma20.3%
Some college31.5%
Bachelor's+46.7%
Housing tenure
68.2%
31.8%
Owner68.2%
Renter31.8%

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

2021 vs 2026

How ZIP 54022 in River Falls, WI has changed in 5 years

Income
$79,830 → $96,642
up 21.1%
Population
23,511 → 24,789
up 5.4%
Renter share
32.1% → 31.8%
-0.3 pts
Bachelor's+
43.5% → 46.7%
+3.2 pts
Median age
31.9 → 34.4
+2.5 yrs

Household income in the area moved from $79,830 to $96,642 across the same window, up 21.1% versus 2021. Headcount in the area went from 23,511 to 24,789 between 2021 and 2024, a 5.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43.5% to 46.7%.

Community

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Local insights

Tips for renters in ZIP 54022

About renting in ZIP 54022

Last updated: July 20, 2026

ZIP code 54022 covers River Falls, WI. The median rent here is $1,513/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,520/mo.

At 19% of local median household income ($96,642/yr), ZIP 54022 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 54022?

As of July 20, 2026, the median monthly rent in ZIP 54022 (River Falls, WI) is $1,513. This is based on aggregated data from public sources and community submissions.

How does ZIP 54022 rent compare to the US average?

ZIP 54022's median rent of $1,513/mo is $452 (23%) below the US national median of $1,965/mo.

How does ZIP 54022 compare to other ZIPs in Wisconsin?

ZIP 54022 falls in the middle range for Wisconsin, ranking #43 out of 107 ZIPs at $1,513/mo.

How much income do you need to rent in ZIP 54022?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,513/mo in ZIP 54022. The local median household income is $96,642/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 54022?

Rent in ZIP 54022 has decreased 5.0% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 54022 an affordable place to rent?

ZIP 54022 is considered very affordable for renters. At $1,513/mo, rent takes approximately 19% of the local median household income ($96,642/yr). The standard benchmark is 30%. ZIP 54022 falls comfortably within that range.

What percentage of ZIP 54022 residents rent vs. own?

According to Census data, approximately 31.8% of ZIP 54022 households are renters, while 68.2% are owner-occupied. ZIP 54022 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 54022 compare to the rest of River Falls?

ZIP 54022 sits right at the River Falls citywide median of $1,513/mo.

When was rent data for ZIP 54022 last updated?

Rent data for ZIP 54022 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,513/mo, rent takes ~19% of ZIP 54022's median household income ($96,642/yr). The standard benchmark is 30%.

ZIP 54022 19%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 54022 (River Falls, WI)

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