6 Hours Ago
Location
701 Prospect Ave, Wausau, WI 54403, USA
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Property Overview
The property at 701-703 Prospect achieves an impressive overall rating of 8.6 from Zumper, highlighting its competitive pricing, exceptional amenities, and convenient location. Rated 10 for price and 9 for both amenities and location, it offers excellent value and a premium living experience. Additionally, it features large windows for natural light, a quiet environment, and ample nearby recreational and dining options, making it a desirable spot for various lifestyles.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Work-from-home
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $650 /mo | 1 unit available | Welcome to 701–703 Prospect Ave in Wausau! This charming 1-bedroom, 2-bath apartment offers cozy living in a quiet, friendly neighborhood. Enjoy a bright and comfortable layout with plenty of natural light throughout. The space is perfect for anyone seeking an affordable home that’s both peaceful and conveniently located near local shops, restaurants, and downtown Wausau. Thoughtfully designed for comfort and simplicity, this apartment provides a relaxing retreat while keeping you close to everything you need. Rent: $650 | Deposit: $650 | App Fee: $25 Requirements: Income 3× rent • No evictions • 600+ credit • Positive rental & job history ✨ Interested? Contact Wausau Area Property Management at 715-301-3255 or **** to learn more or schedule a tour! |
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Policies and fees
Building details
Property details
| Units | 4 |
|---|
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About 701-703 Prospect
Welcome to 701–703 Prospect Ave in Wausau! This charming 1-bedroom, 2-bath apartment offers cozy living in a quiet, friendly neighborhood. Enjoy a bright and comfortable layout with plenty of natural light throughout. The space is perfect for anyone seeking an affordable home that’s both peaceful and conveniently located near local shops, restaurants, and downtown Wausau. Thoughtfully designed for comfort and simplicity, this apartment provides a relaxing retreat while keeping you close to everything you need. Rent: $650 | Deposit: $650 | App Fee: $25 Requirements: Income 3× rent • No evictions • 600+ credit • Positive rental & job history ✨ Interested? Contact Wausau Area Property Management at 715-301-3255 or **** to learn more or schedule a tour!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 701-703 Prospect is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 701-703 Prospect has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
701-703 Prospect offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
701-703 Prospect goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, 701-703 Prospect receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
701-703 Prospect is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 701-703 Prospect does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
701-703 Prospect is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 701-703 Prospect compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Wausau
1-bedroom apartments at 701-703 Prospect cost about 16% less than the average rent price for 1-bedroom apartments in Wausau.
Median rents as of Nov 8 2025.
Wausau
| Month | Median Rent |
|---|---|
| November 2023 | $1,200 |
| December 2023 | $1,204 |
| January 2024 | $1,211 |
| February 2024 | $812 |
| March 2024 | $930 |
| April 2024 | $1,243 |
| May 2024 | $1,332 |
| June 2024 | $1,480 |
| July 2024 | $1,262 |
| August 2024 | $1,219 |
| September 2024 | $515 |
| October 2024 | $515 |
| November 2024 | $609 |
| December 2024 | $837 |
| January 2025 | $793 |
| February 2025 | $792 |
| March 2025 | $1,095 |
| April 2025 | $1,406 |
| May 2025 | $1,200 |
| June 2025 | $900 |
| July 2025 | $829 |
| August 2025 | $1,150 |
| September 2025 | $1,080 |
| October 2025 | $1,228 |
| November 2025 | $1,199 |
Affordability calculator
Can I afford to live at 701 Prospect Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$26,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 1-bedroom monthly rent price of $650.
For more information on rent affordability, visit our rent calculator.
Schools near 701-703 Prospect
Hawthorn Hills Elementary School
1600 kickbusch st
wausau, WI, 54403
PK, K-5Public
B
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Internet available near 701-703 Prospect
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Wausau near 701 Prospect Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 701 Prospect Ave, Wausau
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 701 Prospect Ave
Kohlman's, Inc
735 S 3rd Ave
C & B Super Market LLC
640 S 3rd Ave
Pick'n Save
205 Central Bridge St
Lamb's Fresh Market
730 E Wausau Ave
Lambs Fresh Market IGA
730 E Wausau Ave
Isaac's Fine Apparel Inc
300 N 3rd St
H T Cobblery
327 N 3rd St
Campbell Haines Menswear
350 N 3rd St
Nicole's-A Boutique For Women & Children
620 N 3rd St
Nicoles Boutique
620 N 3rd St
Patina Coffee House LLC
610 Washington St
The Pinery Coffee Company LLC
300 N 3rd St
BIGGBY Coffee
320 E Bridge St
Dunkin'
110 W Bridge St
Starbucks
306 S 17th Ave
Cop Shoppe Pub
701 Washington St
Domino Bar
740 Washington St
Malarkey's Pub
408 N 3rd St
Intermission
325 N 4th St
Jalapenos Mexican Restaurante & Bar
300 N 3rd St
Aunt Polly's Pastries
300 N 3rd St
Sweet Dreams at the Woodson
410 McIndoe St
Caked It
110 Clark St
Arise Bakery Inc
901 Broadway Ave
Kregers Bakery & Deli
1506 N 3rd St
Subway
601 Forest St
Cop Shoppe Pub
701 Washington St
Domino Bar
740 Washington St
McDonald's
409 Forest St
Malarkey's Pub
408 N 3rd St
Prospect Ave. @ Thomas St.
Thomas St. @ Prospect Ave.
Thomas Street
Prospect Ave. @ Mcintosh St.
Thomas Street,
Prospect Ave. @ Dunbar St.
Prospect Ave. @ Dunbar St.
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