Wisconsin Rapids, WI home prices
Typical home $228,985 · +6.0% in a year · income needed $70,300
The Wisconsin Rapids, WI metro area ranks 526 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.0% in a year and +40.6% over five years. With 20% down at 7.11%, the typical home costs about $1,640 a month including 1.54% property tax (Wood County rate).
Mortgage on the typical Wisconsin Rapids home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,797 | $183,188 | $1,232 | $0 | $408 | $1,640 | $70,300 |
| 10% down | $22,898 | $206,086 | $1,386 | $86 | $408 | $1,880 | $80,600 |
| 5% down | $11,449 | $217,535 | $1,463 | $91 | $408 | $1,962 | $84,100 |
| 3.5% down (FHA) | $8,014 | $224,837 | $1,512 | $101 | $408 | $2,021 | $86,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.54% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Wisconsin Rapids area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Wood County, WI | $229,035 | +6.1% | 1.54% |
What can you afford in Wisconsin on your salary? · Wisconsin home prices · Salaries in Wisconsin
Frequently asked questions
How much is a house in Wisconsin Rapids?
The typical home in the Wisconsin Rapids, WI metro area is worth $228,985 (Zillow, September 2026).
What salary do you need to buy a house in Wisconsin Rapids?
About $70,300 a year for the typical home with 20% down at 7.11%.