Real Estate Investing in Butler, Wisconsin (53007)

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

Waukesha County • Population: 2,003 • Data updated: September 2026

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Should you buy in 53007 (Butler, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Butler, WI (53007)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $309,084
Avg Monthly Rent $1,071
1% Rule ✗ Does Not Meet
Median Income $53,051
% Renters 59.0%

Market Analysis: 53007 Butler

Not every below-median market is a bargain. Butler's 53007 ZIP reflects signals that favor experienced operators who can absorb the risk $309K pricing implies.

Rent of $1,071/mo on a $309K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53007 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in Butler have seen price recovery that 53007 has not matched. Waukesha County data supports the view that the spread is structural rather than temporary.

The 53007 ZIP's population of 2,003 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.

Strategy in 53007 is an operator game, not a passive one. From a cash-flow lens, entry prices of $309K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Butler:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+14.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,071/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Milwaukee-Waukesha, WI Metro Area
Even conditions for buyers and sellers
36 days
Average time to sell
Average
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Milwaukee-Waukesha, WI metro data

Market Trends

Home Value History (with trend line)

$323K$282K$241K$200K$159K$118KJul 2006Jul 2016Jul 2026

📊 How Does 53007 Compare?

Metric 53007 Butler Milwaukee-Waukesha, WI Wisconsin
Home Value $309,084 $309,084 N/A $320,446
5-Year CAGR 5.8% 5.8% N/A 7.3%
Avg Rent $1,071 $1,071 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 53007? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

59% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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

Real numbers from people who own or manage rentals in ZIP 53007 (Butler, WI). Anonymous, moderated, never written by AI.

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Property managers serving Waukesha County

Manage rentals here? List your business →

Home Path Property Management offers home rentals, build-to-rent options, and vacation rentals in the Milwaukee Area. summary from their website

Short-term rentals
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MPC Property Management offers a wide range of property management services for residential, commercial, and association properties in Wisconsin. summary from their website

Single-familySmall multifamilyCommercialHOA
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Diamond Property Management LLC appears to offer property management services based on the domain and name, though homepage content is technical. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+5.8%
Moderate

📊 Market Snapshot

Home Value $309,084
Monthly Rent $1,071
Price-to-Rent 24.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 8.5%

📈 Home Appreciation

1-Year +14.5% ▲
3-Year CAGR +8.0% ▲
5-Year CAGR +5.8% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.4%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 53007

Population: 2,003

💰 Median Household Income
$53,051
This area
$53,051
State
$73,177
USA
$74,580
🏠 Renter Occupied
59.0%
This area
59.0%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-1.8%
USA
3.7%
🎓 College Educated
29.2%
This area
29.2%
State
17.1%
USA
33.7%
👤 Median Age
45.1 years
This area
45.1 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
4.4%
This area
4.4%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 85.3%
Black/African American 6.2%
Asian 4.6%
Other/Mixed 4.0%
Hispanic/Latino 1.9%
👶 Under 18
15.1%
This area
15.1%
USA
22.0%
👴 65 and Over
17.4%
This area
17.4%
USA
17.3%
📊 Poverty Rate
4.3%
This area
4.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 53007

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

Eisenhower Elementary

📚 Pre-K – 05 Elementary
📍 11600 W Center St, Wauwatosa
👥
355 Students
👨‍🏫
11.1:1 Class Size
💰
$15,937 Per Student
A Very Good

Bryant Elementary

📚 Pre-K – 05 Elementary
📍 8718 W Thurston Ave, Milwaukee
👥
197 Students
👨‍🏫
12.0:1 Class Size
💰
$19,598 Per Student
A Very Good

Emerson Elementary

📚 Pre-K – 05 Elementary
📍 9025 W Lawrence Ave, Milwaukee
👥
202 Students
👨‍🏫
13.3:1 Class Size
💰
$19,598 Per Student
A Very Good

Engleburg Elementary

📚 Pre-K – 05 Elementary
📍 5100 N 91st St, Milwaukee
👥
268 Students
👨‍🏫
13.4:1 Class Size
💰
$19,598 Per Student
A Very Good

Madison Elementary

📚 Pre-K – 05 Elementary
📍 9925 W Glendale Ave, Wauwatosa
👥
254 Students
👨‍🏫
10.5:1 Class Size
💰
$15,937 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
C
Wisconsin School of Professional Psychology
76 students · 2.3 mi
C
Paul Mitchell the School-Milwaukee
111 students · 2.5 mi
D
Milwaukee Career College
73 students · 2.6 mi
C
Mount Mary University
1,224 students · 3.2 mi
D
Bryant & Stratton College-Wauwatosa
952 students · 4.6 mi
C
Medical College of Wisconsin
1,661 students · 5.0 mi
D
Herzing University-Brookfield
383 students · 5.4 mi
C+
Wisconsin Lutheran College
1,094 students · 5.5 mi

Frequently Asked Questions

Is real estate in Butler, WI a good investment right now?

Butler, WI rates 3.0/5 for investability. With median values at $309K and rents near $1,071/mo, the market offers reasonable fundamentals for rental investors.

How much is rent in Butler, WI?

Butler, WI rentals go for roughly $1,071/mo a month. That puts gross yield in solid territory relative to $309K acquisition costs.

What are home prices like in Butler, WI?

Median home price in Butler, WI is near $309K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

How should investors approach Butler, WI?

Most investors in Butler, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Should investors worry about vacancy in Butler, WI?

Butler, WI sees elevated vacancy, which is reasonable relative to the broader WI rental market.

You know 53007 now. You don’t know where it ranks.

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How 53007 ranks in Milwaukee-Waukesha, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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