Real Estate Investing in Appleton, Wisconsin (54913)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54913 (Appleton, WI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 (54913)?
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Market Analysis: 54913 Appleton
ZIP 54913 inside Outagamie County looks affordable on the surface — median value of $485K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 54913 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 54913 and stronger Appleton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 54913 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 54913 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Appleton:
Property Strategy for 54913
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $371,727 | $1,460 | 2.8% | +8.5% | $185,863 |
| 3BR | $428,650 | $2,010 | 3.4% | +8.0% | $142,883 |
| 4BR | $519,951 | $2,100 | 2.9% | +7.7% | $129,988 |
| 5BR | $681,541 | — | — | +7.8% | $136,308 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 54913 Compare?
| Metric | 54913 | Appleton | Appleton, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $485,435 | $288,194 | N/A | $320,446 |
| 5-Year CAGR | 6.8% | 8.2% | N/A | 7.3% |
| Avg Rent | $1,644 | $1,333 | N/A | - |
| Cap Rate | 2.6% | 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 54913 (Appleton, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $485,435 |
| Monthly Rent | $1,644 |
| Price-to-Rent | 24.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 54913
Population: 24,366
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 54913
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
How much does a house cost in Appleton, WI?
In Appleton, WI the median home value sits at $485K. Against the broader WI market, that reads as reasonable for most investors.
Is Appleton, WI a good market for buy-and-hold investors?
Investors tracking Appleton, WI will find a 3.0/5 rating supported by $485K median home values and $1,644/mo rents. That profile suits long-term holders targeting steady returns.
Is Appleton, WI better for rentals, flips, or BRRRR?
For Appleton, WI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is house hacking profitable in Appleton, WI?
House hacking in Appleton, WI is reasonable to execute. Prices around $485K and rents of $1,644/mo solid owner-occupant economics.
How do landlord-tenant laws work in Appleton, WI?
WI law landlord-friendly for landlords, and Appleton inherits those rules. Investors should still review local ordinances for rental licensing.
You know 54913 now. You don’t know where it ranks.
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How 54913 ranks in Appleton, WI
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