Real Estate Investing in Evansville, Wisconsin

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

1 ZIP codes • Population: 9,449 • Rock County

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

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
CLEAN

No major risk flags on the data we track.

What’s happening in Evansville, WI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 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 $393,380
Avg Monthly Rent $1,089
ZIP Codes 1

Investing in Evansville Real Estate

Evansville, WI covers 1 ZIP codes and a population but the investment metrics here are tepid — this is not a market to enter casually.

Across Evansville's 1 ZIPs, fundamentals run soft: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

firmly Evansville's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

The 0% renter share in Evansville masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Janesville-Beloit, WI

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$393,380
Avg Monthly Rent
$1,089
1% Rule
✗ Below
Landlord Friendly (WI)

ZIP Codes in Evansville, WI

Screen every ZIP in Evansville

Filter Evansville’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 Evansville, WI

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

Expect elevated vacancy in Evansville, WI. Rents at $1,089/mo are absorbed by the tenant base without meaningful lag.

What is the investability score for Evansville, WI?

The 3.0/5 investability rating in Evansville, WI reflects its $393K prices and $1,089/mo rents. Investors generally consider it a solid option within WI.

What price range are homes in Evansville, WI?

Homes in Evansville, WI typically sell near $393K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

Is WI a landlord-friendly state?

WI law landlord-friendly for landlords, and Evansville inherits those rules. Investors should still review local ordinances for rental licensing.

Can I house hack in Evansville, WI?

The house hack math a challenging in Evansville, WI. Owner-occupant buyers benefit from the $1,089/mo rents and $393K home values.

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