New Richmond, WI

City

Rent in New Richmond

Median Gross Rent

$1,168

Rent-to-Income Ratio

21.2%

Renter Share

37.9%

Median Renter Income

$67,083

Avg Household Size

1.9

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $1,375
2 Bedrooms: $1,068
3 Bedrooms: $1,815
4 Bedrooms: $1,680

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 37.4%
$1,000-$1,500: 31.0%
$1,500-$2,000: 25.0%
$2,000-$2,500: 4.0%
$2,500+: 1.3%
No Cash Rent: 1.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 43.9%
20-30% (moderate): 34.3%
30-50% (cost-burdened): 1.3%
50%+ (severely cost-burdened): 19.2%
Not Computed: 1.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $103,125
Renter Households: $67,083

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 47.2%
$1,000-$1,500: 34.5%
$1,500-$2,000: 13.8%
$2,000-$2,500: 3.3%
$2,500+: 0.0%
No Cash Rent: 1.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in New Richmond

Neighborhood

St. Croix, WI

Woodbridge Trailer Court

Erin Corner / Boardman

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources