Real Estate Investing in Muskego, Wisconsin (53150)

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

Waukesha County • Population: 26,142 • Data updated: September 2026

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Should you buy in 53150 (Muskego, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

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
  • High price-to-rent: Price-to-rent ratio 32.2 — hard to cash-flow at these prices.

What’s happening in Muskego, WI (53150)?

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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 $534,606
Avg Monthly Rent $1,384
1% Rule ✗ Does Not Meet
Median Income $109,887
% Renters 12.0%

Market Analysis: 53150 Muskego

The 53150 ZIP in Muskego, WI is a local-operator market. Outside capital chasing a $535K entry has to pair deep knowledge with the discount.

The 53150 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 53150 trails on several market indicators that neighboring Waukesha County submarkets outperform. The gap is real and notable enough to shape underwriting.

The 53150 ZIP's population of 26,142 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.

The 53150 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Muskego:

C+ Average
Buy Confidence Score: 68/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.9× the median income
Value Trend
Rising (+8.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,384/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
🏠

Property Strategy for 53150

Which property type performs best in this market?

Best for Cash Flow
2BR
3.3% cap rate
Best for Appreciation
4BR
+7.5% 5yr CAGR
Best Overall Value
4BR
$143,133/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $326,752 $1,500 3.3% +6.6% $163,376
3BR $456,371 $1,850 2.9% +6.9% $152,124
4BR $572,531 $2,010 2.5% +7.5% $143,133

Market Trends

Home Value History (with trend line)

$557K$492K$428K$364K$299K$235KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 53150 Compare?

Metric 53150 Muskego Milwaukee-Waukesha, WI Wisconsin
Home Value $534,606 $534,606 N/A $320,446
5-Year CAGR 5.4% 5.4% N/A 7.3%
Avg Rent $1,384 $1,384 N/A -
Cap Rate 2.0% 2.0% - -
💡 Why Invest in 53150? Click to expand

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

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

Real numbers from people who own or manage rentals in ZIP 53150 (Muskego, 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
Unclaimed — is this your business? Claim it free

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
2.0%
Low
5yr Growth
+5.4%
Moderate

📊 Market Snapshot

Home Value $534,606
Monthly Rent $1,384
Price-to-Rent 32.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.1%
Cap Rate 2.0%
5-Year IRR 7.4%

📈 Home Appreciation

1-Year +8.3% ▲
3-Year CAGR +5.5% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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
2.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 53150

Population: 26,142

💰 Median Household Income
$109,887
This area
$109,887
State
$73,177
USA
$74,580
🏠 Renter Occupied
12.0%
This area
12.0%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-1.8%
USA
3.7%
🎓 College Educated
41.7%
This area
41.7%
State
17.1%
USA
33.7%
👤 Median Age
46.4 years
This area
46.4 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
2.2%
This area
2.2%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 94.8%
Other/Mixed 3.4%
Hispanic/Latino 1.5%
Asian 1.1%
Black/African American 0.7%
👶 Under 18
20.8%
This area
20.8%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
1.7%
This area
1.7%
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 53150

B+ Avg School Grade
5 Schools
14.5:1 Avg Class Size
$14,414 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Lake Denoon Middle

📚 05 – 08 School
👥
687 Students
👨‍🏫
14.3:1 Class Size
💰
$14,414 Per Student
A Very Good

Mill Valley Elementary

📚 Pre-K – 04 Elementary
👥
428 Students
👨‍🏫
12.6:1 Class Size
💰
$14,414 Per Student
A Very Good

Muskego Lakes Middle

📚 05 – 08 School
👥
680 Students
👨‍🏫
13.9:1 Class Size
💰
$14,414 Per Student
B+ Above Average

Bay Lane Elementary

📚 Pre-K – 04 Elementary
👥
904 Students
👨‍🏫
14.6:1 Class Size
💰
$14,414 Per Student
B Good

Muskego High

📚 09 – 12 High School
👥
1,651 Students
👨‍🏫
17.3:1 Class Size
💰
$14,414 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
Sacred Heart Seminary and School of Theology
153 students · 4.6 mi
C+
VICI Beauty School
104 students · 7.1 mi
C+
Carroll University
3,176 students · 9.7 mi
D
Empire Beauty School-Milwaukee
98 students · 9.9 mi
C
Ottawa University-Milwaukee
116 students · 10.0 mi
D
Herzing University-Brookfield
383 students · 10.5 mi
C
Alverno College
1,719 students · 10.7 mi
D
Bryant & Stratton College-Wauwatosa
952 students · 11.6 mi

Frequently Asked Questions

How strong is Muskego, WI for real estate investors?

Muskego, WI scores 3.0/5 for investability. Home values sit at $535K and rents near $1,384/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is Muskego, WI landlord-friendly?

WI ranks as a landlord-friendly state for landlord-tenant law. Muskego generally follows the statewide framework, so landlords face reasonable operating rules.

How should investors approach Muskego, WI?

In Muskego, WI the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $535K prices and $1,384/mo rents suits that approach.

Can owner-occupants cash flow in Muskego, WI?

Muskego, WI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $535K price point reasonable to enter.

What is the rental occupancy rate in Muskego, WI?

Muskego, WI vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

You know 53150 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 53150 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.

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How 53150 ranks in Milwaukee-Waukesha, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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