ZIP Code · WI

ZIP 54703

Part of Eau Claire, WI

Pop. 44,153·Eau Claire County·85th most expensive ZIP in Wisconsin

Median rent (all units)

$1,141/mo

Year-over-Year

+3.6%

Month-over-Month

+1.7%

vs US Median

-$791

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 54703 · $1,141

More affordable than 94% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$950

1 BR

$980

2 BR

$1,210

3 BR

$1,620

4 BR+

$1,630

Research median

$1,210/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 54703 is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Wisconsin

Rent in ZIP 54703 changed +3.6% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($71,518) is $1,788 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,630).

From Zillow's monthly rent index (ZORI) for ZIP 54703. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,692/yr

At $1,141/mo median

Location

CityEau Claire

StateWI

CountyEau Claire County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.6% YoY, +1.7% MoM), not inventory.

Demographics

Who lives here

ZIP 54703 (Eau Claire, WI) is majority owner-occupied, skews toward younger working-age adults, 32.4% of residents hold a bachelor's degree or higher.

Population

44,153

Median income

$71,518

Median age

35.4

Renters

38.4%

Age distribution

18.9%

30.5%

23.3%

15.6%

Under 1818.9%

18–3430.5%

35–5423.3%

55–6411.7%

65+15.6%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

85.5%

White85.5%

Black2.1%

Hispanic3.3%

Asian5.2%

Other3.8%

Education (25+)

27.5%

35.8%

32.4%

No HS diploma4.3%

HS diploma27.5%

Some college35.8%

Bachelor's+32.4%

Housing tenure

61.6%

38.4%

Owner61.6%

Renter38.4%

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

2022 vs 2026

How ZIP 54703 in Eau Claire, WI has changed in 5 years

Rent

$924 → $1,141

up 23.5%

Income

$62,460 → $71,518

up 14.5%

Population

43,399 → 44,153

up 1.7%

Renter share

35.9% → 38.4%

+2.5 pts

Bachelor's+

29% → 32.4%

+3.4 pts

Median age

34.6 → 35.4

+0.8 yrs

Since 2022, the typical rent in ZIP 54703 in Eau Claire, WI has climbed from $924 to $1,141, a 23.5% change over five years. Household income in the area moved from $62,460 to $71,518 across the same window, up 14.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.7% since 2021, moving from about 43,399 residents to roughly 44,153. Renters now make up 38.4% of households, compared with 35.9% five years ago. College-educated residents now make up 32.4% of adults here, versus 29% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 54703 in Eau Claire, WI look reasonable against where the market sat half a decade ago.

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About renting in ZIP 54703

Last updated: October 17, 2026

ZIP code 54703 covers Eau Claire, WI. The median rent here is $1,141/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,210/mo.

At 19% of local median household income ($71,518/yr), ZIP 54703 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 54703?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,141/mo in ZIP 54703. The local median household income is $71,518/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 54703?

Rent in ZIP 54703 has risen 3.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

How does ZIP 54703 compare to other ZIPs in Wisconsin?

ZIP 54703 is one of the more affordable among Wisconsin ZIP codes for rent, ranking #85 of 103 at $1,141/mo. Over the year to September 2026, rent in ZIP 54703 changed +3.6%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.