ZIP Code · WI

ZIP 54495

Pop. 7,859·Wood County·107th most expensive ZIP in Wisconsin
Median rent (all units)
$970/mo
Year-over-Year
+1.0%
Month-over-Month
+1.0%
vs US Median
-$962
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 54495 · $970
More affordable than 98% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$690
1 BR
$740
2 BR
$970
3 BR
$1,220
4 BR+
$1,290
Research median
$970/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: April 19, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($49,798) is $1,245 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,220); a 4-bedroom is $1,290.

From Zillow's monthly rent index (ZORI) for ZIP 54495. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,640/yr
At $970/mo median
Location
StateWI
CountyWood County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.0% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 54495 (Wisconsin Rapids, WI) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 13.3% of residents hold a bachelor's degree or higher.

Population
7,859
Median income
$49,798
Median age
35.6
Renters
43.8%
Age distribution
25.8%
23%
22.4%
12.7%
16.2%
Under 1825.8%
18–3423%
35–5422.4%
55–6412.7%
65+16.2%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
86.3%
White86.3%
Black0.5%
Hispanic5.5%
Asian3.9%
Other3.8%
Education (25+)
42.6%
36.5%
13.3%
No HS diploma7.6%
HS diploma42.6%
Some college36.5%
Bachelor's+13.3%
Housing tenure
56.2%
43.8%
Owner56.2%
Renter43.8%

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

2021 vs 2026

How ZIP 54495 in Wisconsin Rapids, WI has changed in 5 years

Income
$44,330 → $49,798
up 12.3%
Population
7,812 → 7,859
up 0.6%
Renter share
44.9% → 43.8%
-1.1 pts
Bachelor's+
10.8% → 13.3%
+2.5 pts
Median age
36.4 → 35.6
-0.8 yrs

On the earnings side, the typical household in ZIP 54495 in Wisconsin Rapids, WI now reports about $49,798, up from $44,330 in 2021. Bachelor's-degree-or-higher attainment moved from 10.8% to 13.3% across the same window.

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About renting in ZIP 54495

Last updated: April 19, 2026

ZIP code 54495 covers Wisconsin Rapids, WI. The median rent here is $970/mo as of April 2026. A 1-bedroom rents for a median of $740/mo. A 2-bedroom rents for a median of $970/mo.

At 23% of local median household income ($49,798/yr), ZIP 54495 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 54495?

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 $970/mo in ZIP 54495. The local median household income is $49,798/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 54495?

Rent in ZIP 54495 has risen 1.0% over the past year.

How does ZIP 54495 compare to other ZIPs in Wisconsin?

ZIP 54495 is one of the more affordable among Wisconsin ZIP codes for rent, ranking #107 of 115 at $970/mo.

How does ZIP 54495 compare to the rest of Wisconsin Rapids?

At $970/mo, ZIP 54495 is $71 below the Wisconsin Rapids citywide median of $1,041/mo.
Income Affordability
23%
VERY AFFORDABLE

At $970/mo, rent takes ~23% of ZIP 54495's median household income ($49,798/yr). The standard benchmark is 30%.

ZIP 54495 23%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 54495 (Wisconsin Rapids, WI)

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