Real Estate Investing in Montreal, Wisconsin (54534)

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

Iron County • Population: 2,593 • Data updated: September 2026

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Should you buy in 54534 (Montreal, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 29.7% of homes vacant — above national norms.
  • Declining values: -0.3% 5-year CAGR — values have moved lower.

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

What’s happening in Montreal, WI (54534)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $146,152
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $47,955
% Renters 21.9%

Market Analysis: 54534 Montreal

ZIP 54534 in Montreal, WI carries a notable set of headwinds. Home values near $146K and rents of $873/mo sit inside a market where underwriting has to be tight.

The investment case in 54534 is resilient only for operators who understand what they are buying. A $146K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 54534 sits on the difficult end of the WI spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

Resident income in 54534 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. notable returns are possible in 54534, but they flow to investors who already understand how to operate in soft markets.

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 Montreal:

C Below Average
Buy Confidence Score: 55/100
Affordability
20/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+4.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$170K$153K$135K$118K$100K$83KJun 2009Jan 2018Jul 2026

📊 How Does 54534 Compare?

Metric 54534 Montreal Wisconsin
Home Value $146,152 $138,947 $320,446
5-Year CAGR N/A N/A 7.3%
Avg Rent $873 $959 -
Cap Rate 4.7% 5.4% -
💡 Why Invest in 54534? 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 54534 (Montreal, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.7%
Fair
5yr Growth
-0.3%
Declining

📊 Market Snapshot

Home Value $146,152
Monthly Rent $873
Price-to-Rent 14.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.2%
Cap Rate 4.7%
5-Year IRR 4.4%

📈 Home Appreciation

1-Year +4.6% ▲
3-Year CAGR -3.7% ▼
5-Year CAGR -0.3% ▼
10-Year CAGR +3.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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
29.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.3%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 54534

Population: 2,593

💰 Median Household Income
$47,955
This area
$47,955
State
$73,177
USA
$74,580
🏠 Renter Occupied
21.9%
This area
21.9%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-1.8%
USA
3.7%
🎓 College Educated
19.7%
This area
19.7%
State
17.1%
USA
33.7%
👤 Median Age
51.7 years
This area
51.7 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
29.7%
This area
29.7%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 94.2%
Other/Mixed 4.9%
Hispanic/Latino 1.3%
Asian 0.9%
Black/African American 0.2%
👶 Under 18
16.7%
This area
16.7%
USA
22.0%
👴 65 and Over
27.6%
This area
27.6%
USA
17.3%
📊 Poverty Rate
9.4%
This area
9.4%
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 54534

A Avg School Grade
2 Schools
14.1:1 Avg Class Size
$16,749 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Hurley High

📚 06 – 12 High School
👥
325 Students
👨‍🏫
13.7:1 Class Size
💰
$16,749 Per Student
B+ Above Average

Hurley Elementary

📚 Pre-K – 05 Elementary
👥
235 Students
👨‍🏫
14.6:1 Class Size
💰
$16,749 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

1 Nearby 286 Off-Campus Students
C
Gogebic Community College
844 students · 8.8 mi

Frequently Asked Questions

How do experienced investors play Montreal, WI?

Most investors in Montreal, 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.

What is the typical rental rate in Montreal, WI?

Montreal, WI rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $146K acquisition costs.

Are tenants stable in Montreal, WI?

The renter base in Montreal, WI is reasonable for the $873/mo price point. Screening well and pricing to market typically yields steady tenants.

Is house hacking profitable in Montreal, WI?

The house hack math a challenging in Montreal, WI. Owner-occupant buyers benefit from the $873/mo rents and $146K home values.

Is Montreal, WI good for landlords?

Landlord-friendliness in Montreal, WI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

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