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Appleton vs Green Bay:
Housing Costs in Wisconsin

Side-by-side comparison of home prices, mortgage payments, and housing costs between Appleton and Green Bay, Wisconsin. Using Wisconsin's 1.76% property tax rate and $1,300/year insurance. Updated for 2026.

MetricAppletonGreen Bay
Median Home Price$255K$225K
Population75,644107,395
Average Rent$1,080/mo$1,050/mo
Est. Monthly Mortgage (P&I)$1,451/mo$1,280/mo
Est. Monthly Property Tax$374/mo$330/mo
Est. Monthly Insurance$108/mo$108/mo
Est. Total PITI$2,029/mo$1,803/mo
Price-to-Rent Ratio19.717.9
Verdict

Green Bay edges out Appleton in affordability, saving you roughly $226/month on total housing costs. Both cities are in Wisconsin, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Wisconsin's 1.76% property tax rate.

Appleton
Home Price$255,000
Down Payment (10%)$25,500
Loan Amount$229,500
Monthly P&I$1,451
Monthly Property Tax$374
Monthly Insurance$108
Monthly PMI$96
Total PITI$2,029/mo
Annual property tax: $4,488
Green Bay
Home Price$225,000
Down Payment (10%)$22,500
Loan Amount$202,500
Monthly P&I$1,280
Monthly Property Tax$330
Monthly Insurance$108
Monthly PMI$84
Total PITI$1,803/mo
Annual property tax: $3,960

Buying in Green Bay saves you approximately $226/month ($2,712/year) compared to Appleton, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Green Bay is the better choice for first-time buyers, with a median price of $225K versus $255K in Appleton. That's $30K less to save for a down payment. You'd need roughly $8K for an FHA 3.5% down payment in Green Bay, compared to $9K in Appleton. Wisconsin offers the WHEDA First-Time Advantage program (Up to $3,050 Easy Close grant) which applies in both cities.

Real Estate Investment

Green Bay has the better price-to-rent ratio at 17.9x versus 19.7x in Appleton. A lower ratio generally signals better rental income relative to purchase price. Average rent in Green Bay is $1,050/month on a $225K median home, making it a stronger candidate for buy-and-rent investors.

Families

Green Bay (pop. 107,395) offers more amenities, schools, and services typical of a larger city, while Appleton (pop. 75,644) may offer a quieter, more community-oriented lifestyle. Green Bay offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.

Income Needed to Afford the Median Home

Appleton
$87K
annual household income
Based on $2,029/mo PITI at 28% DTI
Green Bay
$77K
annual household income
Based on $1,803/mo PITI at 28% DTI

Other Cities in Wisconsin

Milwaukee$195K
Pop. 577,222 · Rent $1,150/mo
Madison$375K
Pop. 269,840 · Rent $1,520/mo
Kenosha$245K
Pop. 99,889 · Rent $1,120/mo
Eau Claire$245K
Pop. 69,421 · Rent $1,050/mo
Oshkosh$205K
Pop. 66,778 · Rent $920/mo
Racine$175K
Pop. 77,816 · Rent $920/mo
Janesville$225K
Pop. 65,615 · Rent $980/mo
La Crosse$225K
Pop. 52,680 · Rent $950/mo

Explore Wisconsin

Wisconsin Mortgage Guide$280K median →
1.76% tax · $4K closing · $1,300/yr insurance
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