Updated 4 Days Ago
Highlights
- Large kitchen
- Flexible layout options
Location
701 Prospect Ave, Wausau, WI 54403, USA
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Property Overview
701-703 Prospect offers a strong overall balance of value, convenience, and quality, with an 8/10 expert rating, standout amenities and location scores of 9/10, and a competitive price rating of 8/10. Its large kitchen and flexible layout options add appeal, while the nearby pet services, substantial photo gallery, and strong value-for-money ranking further support its broad appeal.
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- Eco-friendly trash disposal
- Extra storage
Great for
Pet owners
Floor plans
| 1BR/1.5BA | 1 bed | 1.5 bath | $650 /mo | 1 unit available | This beauty salon leasing opportunity at 703 Prospect Avenue in Wausau, Wisconsin offers flexible commercial salon space starting at $650 per month inside a clean, professional setting designed for independent beauty professionals. Available spaces include two front suites, a private back room, and a shared middle space. The front spaces are priced at $750 per month and $650 per month, with one offering strong front visibility. The private back room is available at $750 per month, while the middle area provides a more open shared-flow setup. For a limited time, incoming tenants may have the opportunity to influence the design, layout, and finishes of their space. That gives you more flexibility to shape the environment around your brand, services, and client experience instead of trying to force your business into a generic commercial setup. The location offers strong visibility in Wausau and is intended for salon and beauty-related uses such as hair styling, esthetics, lash services, and similar professional services. Standard lease terms are 3 years, while flexible options may be considered for new cosmetology graduates. A limited-time $1,500 furnishing credit is included through October 15th, creating an additional opportunity to reduce your upfront setup costs. Property Features: - Beauty salon commercial space - Multiple suite options available - Front salon spaces available - Private back room available - Shared middle space available - High-visibility front space option - Flexible layout options - Opportunity to influence design and finishes - Professional salon environment - Suitable for beauty and personal-care services - Strong Wausau visibility - Wausau, Wisconsin location Rental Details: - Starting Rent: $650 per month - Security Deposit: Starting at $650 - Application Fee: $25 - Front Space: $750 per month - Front Space: $650 per month - Private Back Room: $750 per month - Lease Term: Standard 3-year lease - Flexible lease options may be available for new cosmetology graduates - Furnishing Credit: $1,500 through October 15th - Availability: Available now - Pets: Not allowed How to Apply: Interested in leasing a salon space? View current availability and submit your application directly through Wausau Area Property Management at: wausauareapm . c o m All current Wausau Area Property Management commercial and residential listings, availability, and application information can be found through our website. | ||
| 2BR/1.0BA | 2 bed | 1 bath | $900 /mo | 1 unit available | This 2-bedroom, 1-bathroom main-floor apartment at 703 Prospect Avenue, Unit 1 in Wausau, Wisconsin offers a practical layout with a large kitchen, generous storage, convenient first-floor living, and a refreshed interior. The main-floor setup makes everyday access simple, while the apartment's comfortable layout provides flexible space for furniture and daily use. The home is also set to receive a light remodel, giving the interior a cleaner, updated feel for its next resident. The kitchen is one of the strongest features of the apartment, offering plenty of room for everyday cooking, meal preparation, and dining. Generous storage throughout the unit helps keep belongings organized without taking over the main living areas. The two-bedroom layout gives you useful flexibility for sleeping space, storage, or other personal needs. Cats are allowed, making this a cat-friendly 2-bedroom rental in Wausau. Dogs are not permitted. Property Features: - 2 bedrooms - 1 bathroom - Main-floor apartment - Convenient first-floor living - Large kitchen - Generous storage throughout - Comfortable, easy-to-furnish layout - Light remodel planned - Cats allowed - Dogs not allowed - Wausau, Wisconsin location Rental Details: - Rent: $900 per month - Security Deposit: $900 - Application Fee: $25 - Pets: Cats allowed - Dogs: Not allowed - Availability: October 1, 2026 Application Criteria: - Household income must be at least 3 times the monthly rent - No prior evictions - Minimum credit score of 600 - Good rental and employment history required How to Apply: Interested in this property? View current availability and submit your rental application directly through Wausau Area Property Management at: wausauareapm . c o m All current Wausau Area Property Management rentals, availability, and application information can be found through our website. |
Let's explore this property.
Amenities for 701-703 Prospect
Apartment Amenities
| Large Kitchen | Main Floor Living |
| Plenty of Storage |
Building
| Cats OK |
Grounds
| Storage |
Neighborhood
| Great Location |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 5 |
|---|
About 701-703 Prospect
This 2-bedroom, 1-bathroom main-floor apartment at 703 Prospect Avenue, Unit 1 in Wausau, Wisconsin offers a practical layout with a large kitchen, generous storage, convenient first-floor living, and a refreshed interior. The main-floor setup makes everyday access simple, while the apartment's comfortable layout provides flexible space for furniture and daily use. The home is also set to receive a light remodel, giving the interior a cleaner, updated feel for its next resident. The kitchen is one of the strongest features of the apartment, offering plenty of room for everyday cooking, meal preparation, and dining. Generous storage throughout the unit helps keep belongings organized without taking over the main living areas. The two-bedroom layout gives you useful flexibility for sleeping space, storage, or other personal needs. Cats are allowed, making this a cat-friendly 2-bedroom rental in Wausau. Dogs are not permitted. Property Features: - 2 bedrooms - 1 bathroom - Main-floor apartment - Convenient first-floor living - Large kitchen - Generous storage throughout - Comfortable, easy-to-furnish layout - Light remodel planned - Cats allowed - Dogs not allowed - Wausau, Wisconsin location Rental Details: - Rent: $900 per month - Security Deposit: $900 - Application Fee: $25 - Pets: Cats allowed - Dogs: Not allowed - Availability: October 1, 2026 Application Criteria: - Household income must be at least 3 times the monthly rent - No prior evictions - Minimum credit score of 600 - Good rental and employment history required How to Apply: Interested in this property? View current availability and submit your rental application directly through Wausau Area Property Management at: wausauareapm . c o m All current Wausau Area Property Management rentals, availability, and application information can be found through our website.
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 cats allowed. 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
- Eco-friendly trash disposal
- This property has recycling pickup
- Extra storage
- In-unit features
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.7 miles away
- Distance from transit
- More than 1.7 miles from public transportation
- Greater distance from high schools
- The nearest high school is farther than 2.0 miles away
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Rent trends in Wausau
1-bedroom apartments here are priced 43% lower than 1-bedrooms in Wausau.
If you decide to upgrade your space, you can expect 2-bedrooms at 701-703 Prospect to be 18% less than the average for similarly sized apartments in Wausau.
Median rents as of Nov 7 2026.
Wausau
| Month | Median Rent |
|---|---|
| November 2024 | $650 |
| 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 | $1,112 |
| January 2026 | $1,100 |
| February 2026 | $1,100 |
| March 2026 | $909 |
| April 2026 | $1,014 |
| May 2026 | $967 |
| June 2026 | $825 |
| July 2026 | $987 |
| August 2026 | $1,164 |
| September 2026 | $1,229 |
| October 2026 | $1,282 |
| November 2026 | $1,245 |
Affordability calculator
Can I afford to live at 701 Prospect Ave?
Bedrooms
Rent-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
Odyssey Elementary School
4704 camp phillips rd
weston, WI, 54476
K-5Public
A-
Everest Virtual Academy
1699 schofield ave
schofield, WI, 54476
K-12Public
Neighborhood
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
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