Real Estate Investing in Arena, Wisconsin

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 5,766 • Sauk County

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Should you buy in Arena, WI? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Arena, WI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $364,580
Avg Monthly Rent $1,062
ZIP Codes 2

Investing in Arena Real Estate

With a sizable population across 2 ZIPs, Arena shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

Investors considering Arena, WI should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Arena are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Wisconsin.

Distressed-leaning demographics in Arena — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Baraboo, WI

Arena is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Arena, WI. Anonymous, moderated, never written by AI.

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Avg Home Value
$364,580
Avg Monthly Rent
$1,062
1% Rule
✗ Below
Landlord Friendly (WI)

📉 Market Crash Risk Index

Based on Madison, WI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
32%
Days Pending
0/2
36 days

View all metro crash risk rankings →

☀️ Warm Market — Baraboo, WI metro
0
Days to pending
7.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Arena, WI

Screen every ZIP in Arena

Filter Arena’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Arena, WI

What is the typical home price in Arena, WI?

The median home value in Arena, WI is roughly $365K. That puts it reasonable relative to the WI statewide average.

What is the renter demographic in Arena, WI?

The renter base in Arena, WI is reasonable for the $1,062/mo price point. Screening well and pricing to market typically yields measured tenants.

What kind of vacancy should I budget for in Arena, WI?

Rental vacancy in Arena, WI is elevated. Investors should budget normal turnover but not chronic empty units.

Are landlord laws favorable in Arena, WI?

Arena, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Is Arena, WI a good place for real estate investing?

With a 3.0/5 investability score, Arena, WI ranks as a solid market for rental property investors. Median prices of $365K and rents of $1,062/mo drive the underlying numbers.

Community Ratings

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