Real Estate Investing in Kenosha, Wisconsin (53140)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53140 (Kenosha, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
What’s happening in Kenosha, WI (53140)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53140 Kenosha
This part of Kenosha County is not an easy win. The 53140 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 53140 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 53140 among WI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 53140 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Kenosha's stable or hybrid ZIPs before stepping into 53140. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Kenosha:
Property Strategy for 53140
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $163,254 | $1,010 | 4.5% | +8.4% | $163,254 |
| 2BR | $224,926 | $1,310 | 4.2% | +8.0% | $112,463 |
| 3BR | $255,326 | $1,760 | 5.0% | +7.7% | $85,109 |
| 4BR | $239,747 | $2,020 | 6.1% | +7.8% | $59,937 |
| 5BR | $251,202 | — | — | +8.8% | $50,240 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53140 Compare?
| Metric | 53140 | Kenosha | Wisconsin |
|---|---|---|---|
| Home Value | $265,892 | $86,663 | $320,446 |
| 5-Year CAGR | 7.2% | 6.8% | 7.3% |
| Avg Rent | $1,851 | $1,703 | - |
| Cap Rate | 5.4% | 4.6% | - |
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 53140 (Kenosha, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $265,892 |
| Monthly Rent | $1,851 |
| Price-to-Rent | 12.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.4% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | +36.0% ▲ |
| 3-Year CAGR | +15.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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 53140
Population: 30,325
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 53140
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 5,231 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Kenosha, WI?
Homes in Kenosha, WI typically sell near $266K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Are tenants stable in Kenosha, WI?
Expect a solid tenant pool in Kenosha, WI. The rental market absorbs $1,851/mo rents without meaningful friction.
What is the best play in Kenosha, WI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Kenosha, WI. The numbers - $266K homes against $1,851/mo rents - support that play.
Does Kenosha, WI favor landlords or tenants?
Kenosha, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What is the typical vacancy rate in Kenosha, WI?
Rental vacancy in Kenosha, WI is elevated. Investors should budget normal turnover but not chronic empty units.
You know 53140 now. You don’t know where it ranks.
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How 53140 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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