Wisconsin

Green Bay, WI Rental Market

Green Bay is best known as the home of the NFL's Green Bay Packers, but the local economy extends well beyond football โ€” paper and packaging manufacturing, healthcare (HSHS St. Vincent Hospital, Prevea Health), and food processing are major employment sectors. The University of Wisconsin-Green Bay adds student demand. Affordable home values and steady employment make it a reliable smaller-market investment option in Wisconsin.

Get a rent estimate for an address in Green Bay

Average Rent in Green Bay, WI

$1,020

per month ยท 2026-06

+2.8% year-over-year

Market Score

6/10

Key Facts โ€” Green Bay, WI Rental Market

  • Average rent in Green Bay, WI:$1,020/mo
  • Median rent:$938/mo
  • Rent range:$500 โ€“ $2,250/mo
  • Most common rental (2 bedrooms):$900/mo
  • Active listings:620
  • Avg days to lease:35 days
  • Year-over-year change:+2.8%
  • Median home value:$180,000
  • Est. gross annual yield:6.8%
  • Data as of:2026-06

Rent by Bedroom in Green Bay, WI

Average monthly rent for each bedroom type based on current active listings in Green Bay.

Bedroom TypeAvg Rent/mo
1 Bedroom
$725/mo
2 Bedrooms
$900/mo
3 Bedrooms
$1,150/mo
4 Bedrooms
$1,400/mo
5 Bedrooms
$1,600/mo

Green Bay Rental Market Statistics

Key indicators from the current Green Bay, WI rental market.

Active Listings

620

Available now in Green Bay

Avg Days on Market

35

From list to lease

Rent per Sq Ft

$0.81

Average across listings

Avg Square Footage

1,255 sq ft

Typical rental size

Rent Range

$500 โ€“ $2,250

Min to max active listings

Year-over-Year Change

+2.8%

Avg rent vs. prior year

Investing in Green Bay, WI Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$180,000

Typical purchase price in Green Bay

Est. Gross Annual Yield

6.8%

Before expenses & vacancy

Avg Monthly Income

$1,020

At average market rent

Gross yield = (avg rent ร— 12) รท median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Green Bay for a full cash-flow breakdown including all costs.

Green Bay, WI Rental Market FAQ

Common questions about renting and investing in Green Bay, WI.

What is the average rent in Green Bay, WI?

The average rent in Green Bay, WI is $1,020 per month as of 2026. One-bedroom apartments average $725/mo, two-bedrooms $900/mo, and three-bedroom homes $1,150/mo. Green Bay offers some of the most affordable rents of any Wisconsin metro area.

Is Green Bay, WI a good place to invest in rental property?

Green Bay offers a 6.8% estimated gross annual yield with very accessible home prices (~$180,000). The paper manufacturing, healthcare, and food processing employment sectors provide a stable tenant base. Best suited for investors seeking steady cash flow in a mid-size, lower-risk market.

How competitive is the Green Bay, WI rental market?

Green Bay averages 35 days on market with approximately 620 active listings. The market is moderately competitive, with demand consistent year-round. Properties near major healthcare employers and the UW-Green Bay campus tend to lease faster than the city average.

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