Real Estate Investing in Three Lakes, Wisconsin

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

1 ZIP codes • Population: 1,867 • Oneida County

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

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
  • High vacancy: 70.2% of homes vacant — above national norms.

What’s happening in Three Lakes, WI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.4% 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 $437,318
Avg Monthly Rent $873
ZIP Codes 1

Investing in Three Lakes Real Estate

Three Lakes 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.

The investment case for Three Lakes is difficult to make on screen data alone. better suited elsewhere for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

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

The 0% renter share in Three Lakes 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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Landlord Ground Truth

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Avg Home Value
$437,318
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (WI)

ZIP Codes in Three Lakes, WI

Screen every ZIP in Three Lakes

Filter Three Lakes’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 Three Lakes, WI

How much should I expect to pay for a home in Three Lakes, WI?

Three Lakes, WI median home values land near $437K. That is reasonable territory for investors looking at $873/mo-per-month rentals.

Is Three Lakes, WI a smart market for rental property?

Three Lakes, WI sits at an investability rating of 3.0/5, with median home values near $437K and average rents around $873/mo. That combination puts it in the durable tier for investor interest.

What is the typical renter like in Three Lakes, WI?

Tenant demand in Three Lakes, WI is solid. The local workforce $873/mo rents across most rental classes.

What is it like being a landlord in Three Lakes, WI?

The landlord environment in Three Lakes, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What does house hacking look like in Three Lakes, WI?

House hacking works a challenging in Three Lakes, WI. Rents of $873/mo against $437K acquisition make the strategy solid for owner-occupants.

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