Rhinelander, WI—54501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rhinelander, WI
Rhinelander, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 0.8% |
| Single Family | $244,000 | 1.2% |
| Condos | $207,000 | 5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $207,000 | 2.0% |
3 Bed | $282,000 | 2.2% |
4 Bed | $333,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rhinelander, WI
As of July '25, Rentcast reports the average rent in Rhinelander, WI is $1,220, with a year-over-year rent change of 30.9%. Per bedroom, the median rent as of July '25 in Rhinelander, WI is 2-bedrooms: $991, 3-bedrooms: $1,340, 4-bedrooms: $1,400. The most common rental property sizes in Rhinelander, WI are 2-bedroom and 3-bedroom, accounting for 50.3% and 19.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $991 |
| 3 Bed Rent | $1,300 | $1,340 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Rhinelander, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Rhinelander, WI is 52. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | -11.0% |
Listing Count | 87 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 52 | -3.0% |
Demographics — Rhinelander, WI
As of the latest ACS Survey released in 2023, Rhinelander, WI has a population of 21,100, which has increased by 6.2% over the past 5 years. Rhinelander, WI is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 6.2% |
% Under 18 | 18.8% | -2.6% |
% Seniors | 22.9% | 15.1% |
% WFH | 8.0% | 128.6% |
% w/ College Degree | 25.9% | 2.8% |
As of the latest ACS Survey released in 2023, Rhinelander, WI is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Rhinelander, WI is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.2% of the population in Rhinelander, WI, and this percentage has decreased by 7.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.6% | -1.2% |
% Black | 0.6% | -25.0% |
% Hispanic | 1.8% | 125.0% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 1.2% | -7.7% |
Mortgage and Risk — Rhinelander, WI
According to HUD data as of 2023, there were 455 mortgage originations in Rhinelander, WI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Rhinelander, WI. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 455 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Rhinelander, WI
Rhinelander, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 402 |
Total Units Section 8 | 324 |
% Rentals under Section 8 | 21.3% |
% Occupied Section 8 | 71.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | $55 | $895 | $950 |
| 3 Bedroom | $40 | $1,300 | $1,340 |
| 4 Bedroom | $10 | $1,400 | $1,410 |
Affordability — Rhinelander, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $243,000 |
| Median Household Income | $68,600 |