Real Estate Investing in Star Prairie, Wisconsin (54026)

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

Polk County • Population: 2,217 • Data updated: September 2026

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Should you buy in 54026 (Star Prairie, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

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: 13.7% of homes vacant — above national norms.

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

What’s happening in Star Prairie, WI (54026)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $400,314
Avg Monthly Rent $1,368
1% Rule ✗ Does Not Meet
Median Income $88,051
% Renters 11.5%

Market Analysis: 54026 Star Prairie

The 54026 ZIP covers a section of Star Prairie that demands careful diligence. Prices near $400K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 54026 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within WI, ZIP 54026 trails on several market indicators that neighboring Polk County submarkets outperform. The gap is real and substantial enough to shape underwriting.

A significant renter share of 12% in 54026 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 54026 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 Star Prairie:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+8.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,368/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.

Market Trends

Home Value History (with trend line)

$421K$361K$301K$241K$180K$120KJul 2006Jul 2016Jul 2026

📊 How Does 54026 Compare?

Metric 54026 Star Prairie Wisconsin
Home Value $400,314 $400,314 $320,446
5-Year CAGR 4.8% 4.8% 7.3%
Avg Rent $1,368 $1,368 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 54026? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54026 (Star Prairie, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+4.8%
Moderate

📊 Market Snapshot

Home Value $400,314
Monthly Rent $1,368
Price-to-Rent 24.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +8.2% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +7.8% ▲

🏠 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.

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⚠️ Risk Signals

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

Vacancy
13.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 54026

Population: 2,217

💰 Median Household Income
$88,051
This area
$88,051
State
$73,177
USA
$74,580
🏠 Renter Occupied
11.5%
This area
11.5%
State
22.0%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-1.8%
USA
3.7%
🎓 College Educated
24.9%
This area
24.9%
State
17.1%
USA
33.7%
👤 Median Age
46.7 years
This area
46.7 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
13.7%
This area
13.7%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 96.7%
Other/Mixed 1.5%
Asian 1.2%
Hispanic/Latino 1.0%
Black/African American 0.6%
👶 Under 18
20.3%
This area
20.3%
USA
22.0%
👴 65 and Over
21.1%
This area
21.1%
USA
17.3%
📊 Poverty Rate
3.7%
This area
3.7%
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

Frequently Asked Questions

What type of investing works in Star Prairie, WI?

Investors usually favor careful cash-flow rentals with hands-on management in Star Prairie, WI. With home values at $400K and rents near $1,368/mo, other strategies can work but produce measured rather than outsized returns.

Where do rents currently stand in Star Prairie, WI?

The typical rental in Star Prairie, WI commands about $1,368/mo monthly. That rent profile reliable cash flow against the $400K purchase basis.

Is it easy to find good tenants in Star Prairie, WI?

The renter base in Star Prairie, WI is reasonable for the $1,368/mo price point. Screening well and pricing to market typically yields measured tenants.

Does Star Prairie, WI favor landlords or tenants?

Star Prairie, WI operates under WI law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

Does a duplex house hack pencil in Star Prairie, WI?

For house hackers, Star Prairie, WI is a challenging. The $1,368/mo rent on a unit helps defray the mortgage on a $400K property.

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How 54026 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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