5+ Days Ago
Highlights
- Conveniently located
- Quiet neighborhood
- Thoughtfully designed
- Relaxing retreat
Location
701 Prospect Avenue, Wausau, Wisconsin 54403, United States
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Property Overview
701-703 Prospect is situated in a quiet neighborhood, offering convenience and a relaxing retreat. With a Zumper expert rating of 8.3, it features excellent value thanks to its competitive pricing, impressive amenities, and prime location, all rated 9 out of 10. Additionally, the area boasts numerous parks and restaurants, enhancing social opportunities and making it an engaging place to live.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Floor plans
| 1BR/1.5BA | 1 bed | 1.5 bath | $795 /mo | 1 unit available | ✨ $795/mo | 795 Security Deposit ✨ ✔️ Large street-facing display windows ✔️ Open studio-style layout ✔️ 1.5 bathrooms ✔️ Spacious full basement ✔️ High-visibility, high-traffic location This versatile commercial space is perfect for retail, office, gallery, or service-based businesses. Enjoy excellent exposure, a welcoming entrance, and easy access for customers. Schedule a showing today. Requirements: Business must be approved • Good credit & operational history • $25 application fee |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 5 |
|---|
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About 701-703 Prospect
✨ $795/mo | 795 Security Deposit ✨ ✔️ Large street-facing display windows ✔️ Open studio-style layout ✔️ 1.5 bathrooms ✔️ Spacious full basement ✔️ High-visibility, high-traffic location This versatile commercial space is perfect for retail, office, gallery, or service-based businesses. Enjoy excellent exposure, a welcoming entrance, and easy access for customers. Schedule a showing today. Requirements: Business must be approved • Good credit & operational history • $25 application fee
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.
8.3
/10
Very GoodWith a solid 8.3 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·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile 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 3% more than the average rent price for 1-bedroom apartments in Wausau.
Median rents as of Dec 20 2025.
Wausau
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,116 |
Affordability calculator
Can I afford to live at 701 Prospect Avenue?
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
$31,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
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 Avenue
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 Avenue, 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
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