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 BayAverage Rent in Green Bay, WI
$1,020
per month ยท 2026-06
Market Score
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 Type | Avg 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.
620
Available now in Green Bay
35
From list to lease
$0.81
Average across listings
1,255 sq ft
Typical rental size
$500 โ $2,250
Min to max active listings
+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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