Real Estate Investing in Appleton, Wisconsin (54911)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54911 (Appleton, 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.
No major risk flags on the data we track.
What’s happening in Appleton, WI (54911)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 54911 Appleton
ZIP 54911 in Appleton, WI carries a impressive set of headwinds. Home values near $282K and rents of $1,338/mo sit inside a market where underwriting has to be tight.
The investment case in 54911 is robust only for operators who understand what they are buying. A $282K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 54911 among WI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 54911 includes headwinds that any investor should price in. Income distribution skews lower than Appleton averages, and tenant stability requires active management.
Strategically, 54911 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.
Here's what matters if you're considering buying a home in Appleton:
Property Strategy for 54911
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $209,593 | $1,210 | 4.2% | +10.8% | $104,797 |
| 3BR | $264,531 | $1,670 | 4.5% | +10.2% | $88,177 |
| 4BR | $303,522 | $1,740 | 4.1% | +10.0% | $75,880 |
| 5BR | $327,410 | — | — | +10.2% | $65,482 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 54911 Compare?
| Metric | 54911 | Appleton | Appleton, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $281,704 | $288,194 | N/A | $320,446 |
| 5-Year CAGR | 8.8% | 8.2% | N/A | 7.3% |
| Avg Rent | $1,338 | $1,333 | N/A | - |
| Cap Rate | 3.7% | 3.0% | - | - |
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 54911 (Appleton, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $281,704 |
| Monthly Rent | $1,338 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +7.7% ▲ |
| 5-Year CAGR | +8.8% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 Rent Trends
| 1-Year | -3.5% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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.
Demographics in 54911
Population: 25,598
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 54911
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 6,487 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Can I live-in-and-rent in Appleton, WI?
Appleton, WI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,338/mo rent level.
How strong is the working-renter base in Appleton, WI?
Tenant quality in Appleton, WI ranks as solid. Landlords generally report reliable occupancy at market rents of $1,338/mo.
Is Appleton, WI a good market for buy-and-hold investors?
Appleton, WI scores 3.0/5 for investability. Home values sit at $282K and rents near $1,338/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Appleton, WI a friendly market for rental owners?
Rental owners in Appleton, WI deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Are there empty rentals in Appleton, WI?
Appleton, WI carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,338/mo.
You know 54911 now. You don’t know where it ranks.
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How 54911 ranks in Appleton, WI
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