Real Estate Investing in Hartland, Wisconsin (53029)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53029 (Hartland, WI)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 35.5 — hard to cash-flow at these prices.
What’s happening in Hartland, WI (53029)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53029 Hartland
This part of Waukesha County is not an easy win. The 53029 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 53029 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within WI, ZIP 53029 trails on several market indicators that neighboring Waukesha County submarkets outperform. The gap is real and significant enough to shape underwriting.
Resident income in 53029 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. resilient returns are possible in 53029, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hartland:
Property Strategy for 53029
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $424,327 | $1,370 | 2.3% | +6.4% | $212,163 |
| 3BR | $525,599 | $1,690 | 2.3% | +7.2% | $175,200 |
| 4BR | $754,887 | $1,830 | 1.7% | +7.7% | $188,722 |
| 5BR | $1,093,301 | — | — | +8.1% | $218,660 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53029 Compare?
| Metric | 53029 | Hartland | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $681,874 | $681,874 | N/A | $320,446 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.3% |
| Avg Rent | $1,600 | $1,600 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53029 (Hartland, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 53029 (Hartland, WI)?
~25 seconds · no account needed · your report is anonymous
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
MPC Property Management offers a wide range of property management services for residential, commercial, and association properties in Wisconsin. summary from their website
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
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $681,874 |
| Monthly Rent | $1,600 |
| Price-to-Rent | 35.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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.
Demographics in 53029
Population: 21,420
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 53029
Schools in This ZIP Code
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
Investor Insight: With 4,204 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Hartland, WI?
The median home value in Hartland, WI is roughly $682K. That puts it reasonable relative to the WI statewide average.
What is the typical rental rate in Hartland, WI?
Rental rates in Hartland, WI average $1,600/mo. Tenant demand and $682K home values make the yield look reasonable by investor standards.
Which investment style suits Hartland, WI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hartland, WI. The numbers - $682K homes against $1,600/mo rents - support that play.
How strict are landlord regulations in Hartland, WI?
Landlord-friendliness in Hartland, WI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Can I house hack in Hartland, WI?
House hacking works a challenging in Hartland, WI. Rents of $1,600/mo against $682K acquisition make the strategy solid for owner-occupants.
You know 53029 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53029 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 53029 ranks in Milwaukee-Waukesha, WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 53029 (Hartland)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 53029 (Hartland, WI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.