How many apartments are available in Phelps, WI on Rentable.co?

Rentable.co has over 95 apartments available in Phelps.

What is the average rent for a one-bedroom apartment in Phelps, WI?

The average rent for a one-bedroom apartment in Phelps is around $1,010 per month.

What is the average rent for a two-bedroom apartment in Phelps, WI?

The average rent for a two-bedroom apartment in Phelps is around $1,050 per month.

How expensive is it to rent an apartment in Phelps, WI?

For a two-bedroom apartment in Phelps, the average rent price is $1,050 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Phelps, WI?

Based on average rent prices in Phelps, to afford a one-bedroom apartment you would need an annual household income of $40,000 to live comfortably.

Apartments in Phelps

Phelps:
June Rent Report

Welcome to the June 2025 Phelps Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 key findings and figures for the Phelps rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Phelps and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Phelps average rent prices in the chart below.

Monthly Rent Report

$1,350

$1,010

$680

$340

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

1 BR 2 BR

Phelps Rent Prices Decrease From May to June

Phelps rent prices decreased over the last month. From May to June, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Phelps one-bedroom apartments currently stands at $1,155.0.

When we take a look at the two-bedroom comparison from May to June, Phelps experienced a 6.96% increase for the price of a two-bedroom apartment. The rent price for a Phelps two-bedroom apartments currently stands at $1,275.0.

June Prices: Phelps vs. Surrounding Areas

Rent Prices in Phelps and Surrounding Areas

Rent prices have decreased in Phelps over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Phelps suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Phelps suburbs
Rents did not decrease in any of the Phelps suburbs.

June 2025 Pricing Trends: Phelps vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Pittsburgh, PA

Minneapolis, MN

$4,101

$3,197

$2,350

$2,316

$1,870

$1,341

$1,263

$1,247

$1,350

$2,700

$4,050

$5,400

Median Rent

Phelps Rent Prices More Affordable Than Major Cities

Rent growth in Phelps over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Phelps average rent prices appear to be relatively affordable for local residents.

The price for a Phelps one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Phelps and surrounding area rent prices, take a look at the complete data set below.

Data set for Phelps and suburbs

	1 BR June	1 BR M/M % Change	2 BR June	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.