Real Estate Investing in Merrill, Wisconsin

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

1 ZIP codes • Population: 18,949 • Lincoln County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

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: 10.2% vacancy may signal weakening demand.

What’s happening in Merrill, WI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 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 $226,842
Avg Monthly Rent $850
ZIP Codes 1

Investing in Merrill Real Estate

Merrill in Wisconsin is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

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

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

A an established population with $N/AK household income profile is what makes Merrill a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Wausau-Weston, WI

Merrill 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
$226,842
Avg Monthly Rent
$850
1% Rule
✗ Below
Landlord Friendly (WI)

ZIP Codes in Merrill, WI

Screen every ZIP in Merrill

Filter Merrill’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 Merrill, WI

How does Merrill, WI stack up for property investment?

Merrill, WI registers an investability rating of 3.0/5, with median home values near $227K and average rents around $850/mo. That combination puts it in the durable tier for investor interest.

How do landlord-tenant laws work in Merrill, WI?

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

Should investors worry about vacancy in Merrill, WI?

Vacancy in Merrill, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $850/mo.

Can owner-occupants cash flow in Merrill, WI?

Merrill, WI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $850/mo rent level.

What do landlords charge for rent in Merrill, WI?

Expect rents around $850/mo per month in Merrill, WI. With home values at $227K, the yield math works out to reasonable levels for rental investors.

Community Ratings

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