What is the average home price in Rhinelander, WI 54501?

As of May '26, the median home price in Rhinelander, WI 54501 is $269,000, based on Zillow home estimates.

How have home prices in Rhinelander, WI 54501 changed over the past year?

As of May '26, home prices have increased 7.1% over the past year, according to Zillow home estimates data.

What is the home price projection for Rhinelander, WI 54501?

As of May '26, Zillow projects home prices in Rhinelander, WI 54501 to decrease N/A in the next year.

What are the demographics of Rhinelander, WI 54501?

According to the latest Census, the demographics of Rhinelander, WI 54501 are 93.6% White, 0.6% Black, 0.5% Asian, 1.8% Hispanic. The population is 21,100, with 18.8% under 18 years old.

How long does it take homes to sell in Rhinelander, WI 54501?

According to Realtor.com, as of May '26, the median home in Rhinelander, WI 54501 is on the market for 26 days. This is a decrease of 16.0% from last year.

What is the average rent price in Rhinelander, WI 54501?

The average rent price in Rhinelander, WI 54501, as of the latest data, is $1,220. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is $991, $1,340, and $1,400 respectively.

Rhinelander, WI 54501 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Rhinelander, WI—54501

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$269,000

7.1% YoY Growth

Household Income

$68,600

26.2% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,200

30.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$895

8.2% YoY Growth

3-Bed Rent

$1,300

3.1% YoY Growth

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	$269,000	7.1%
Single Family	$270,000	8.0%
Condos	$224,000	11.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

Studio

3.9%

1 Bedroom

18.6%

2 Bedrooms

50.3%

3 Bedrooms

19.9%

4 Bedrooms

3.9%

5+ Bedrooms

3.4%

Property Listings — Rhinelander, WI

As of May '26, Realtor.com reports that the median days on market for a home in Rhinelander, WI is 26. This is a decrease of -16.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$296,000	-31.0%
Listing Count	61	-19.0%
Listings as % of Homes	0.3%	-19.0%
Days on Market	26	-16.0%

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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%

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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%

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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%

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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

Rhinelander, WI—54501

Key Metrics at a Glance

Home Price Trends — Rhinelander, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rhinelander, WI

% of Rental Stock

Property Listings — Rhinelander, WI

Demographics — Rhinelander, WI

Race and Ethnicity

Mortgage and Risk — Rhinelander, WI

Mortgages

Rentals and Section 8 — Rhinelander, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Rhinelander, WI

Home Price to Income Ratio

Rhinelander, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Gleason, WI

Irma, WI

Tomahawk, WI

Antigo, WI

Merrill, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$269,000
Median Household Income	$68,600