Real Estate Investing in Almena, Wisconsin (54805)

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

Barron County • Population: 1,662 • Data updated: September 2026

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Should you buy in 54805 (Almena, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

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 vacancy: 16.7% 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 Almena, WI (54805)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $248,605
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $57,708
% Renters 20.7%

Market Analysis: 54805 Almena

The 54805 ZIP covers a section of Almena that demands careful diligence. Prices near $249K look accessible, but the work to make a deal cash flow is real.

The 54805 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 54805 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.

Looking more closely, 1,662 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Distressed ZIPs reward experience. substantial returns are possible in 54805, 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 Almena:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.3× the median income
Value Trend
Rising (+8.7%)
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: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$262K$227K$192K$157K$122K$87KApr 2014Jun 2020Jul 2026

📊 How Does 54805 Compare?

Metric 54805 Almena Wisconsin
Home Value $248,605 $248,605 $320,446
5-Year CAGR 8.2% 8.2% 7.3%
Avg Rent $873 $873 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 54805? 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 54805 (Almena, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+8.2%
Strong

📊 Market Snapshot

Home Value $248,605
Monthly Rent $873
Price-to-Rent 23.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 10.9%

📈 Home Appreciation

1-Year +8.7% ▲
3-Year CAGR +8.5% ▲
5-Year CAGR +8.2% ▲
10-Year CAGR +9.0% ▲

🏠 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
16.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.2%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54805

Population: 1,662

💰 Median Household Income
$57,708
This area
$57,708
State
$73,177
USA
$74,580
🏠 Renter Occupied
20.7%
This area
20.7%
State
22.0%
USA
34.0%
💼 Unemployment Rate
1.0%
This area
1.0%
State
-1.8%
USA
3.7%
🎓 College Educated
12.4%
This area
12.4%
State
17.1%
USA
33.7%
👤 Median Age
44.9 years
This area
44.9 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
16.7%
This area
16.7%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 92.8%
Other/Mixed 5.5%
Hispanic/Latino 4.2%
Black/African American 1.6%
Asian 0.1%
👶 Under 18
21.3%
This area
21.3%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
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 54805

B+ Avg School Grade
1 Schools
14.9:1 Avg Class Size
$26,099 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Barron Area Montessori School

📚 Pre-K – 06 School Charter
👥
52 Students
👨‍🏫
14.9:1 Class Size
💰
$26,099 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 1,374 Off-Campus Students
C+
Northwood Technical College
2,668 students · 14.2 mi

Investor Insight: With 1,374 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How strong is Almena, WI for real estate investors?

Almena, WI scores 3.0/5 for investability. Home values sit at $249K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What do landlords charge for rent in Almena, WI?

Rent in Almena, WI is around $873/mo. The resulting rent-to-value relationship with $249K pricing is reasonable for most investor models.

Is housing expensive in Almena, WI?

Almena, WI median home values land near $249K. That is reasonable territory for investors looking at $873/mo-per-month rentals.

What is the rental occupancy rate in Almena, WI?

Occupancy in Almena, WI runs consistent with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.

Which real estate strategy fits Almena, WI?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Almena, WI. The numbers - $249K homes against $873/mo rents - support that play.

You know 54805 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 54805 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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