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Updated over 8 years ago,
Rent Prices in Appleton/Green Bay
I'm wondering if any landlords/property managers in the Green Bay and/or Appleton, WI markets can give me some insight into what they're getting in rents. I'm currently looking at two properties in the Appleton area. One is in downtown Appleton, the other in Little Chute. Both are duplexes. The one in Appleton is a 2 bed/2 bath lower and 2/1 upper. Landlord pays heat/water. Seller states that one unit is bringing in $600/month. I'm guessing this is the 2/1 upper as he stated that he and his wife lived in the other unit before moving out. Both units at the Appleton house appear to be recently remodeled w hardwood floors. Both have 1,000 sq ft plus. There is no garage, but ample off street parking. Any opinions on what market rent should be? $600 seems low to me considering heat/water are included.
The Little Chute duplex is a 3/1 lower and 2/1 upper. Each unit gets one stall of a two car detached garage. Tenants pay all utils at this house. 3/1 lower pays $705 and 2/1 upper is paying $450. Once again, I'm looking for opinions on what market rents are in this area to ensure my projections are dialed in before I move forward with one or both properties. Any feedback is appreciated. Thank you!