Real Estate Investing in Fremont, Wisconsin (54940)

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

Waushara County • Population: 4,502 • Data updated: September 2026

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Should you buy in 54940 (Fremont, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

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
2 flags
  • High vacancy: 14.7% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 29.7 — hard to cash-flow at these prices.

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

What’s happening in Fremont, WI (54940)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $355,406
Avg Monthly Rent $999
1% Rule ✗ Does Not Meet
Median Income $84,132
% Renters 11.5%

Market Analysis: 54940 Fremont

The 54940 ZIP in Fremont, WI is a local-operator market. Outside capital chasing a $355K entry has to pair deep knowledge with the discount.

For an experienced owner, 54940 can be a a solid fit for hunting ground — but the discount at $355K reflects genuine risk that outside investors often underestimate.

In the broader WI picture, 54940 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Meanwhile, 4,502 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.

Strategy in 54940 is an operator game, not a passive one. On balance, entry prices of $355K are inviting, the management lift is real and non-optional.

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 Fremont:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+9.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $999/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Oshkosh-Neenah, WI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Oshkosh-Neenah, WI metro data
🏠

Property Strategy for 54940

Which property type performs best in this market?

Best for Cash Flow
2BR
3.0% cap rate
Best for Appreciation
2BR
+9.0% 5yr CAGR
Best Overall Value
3BR
$127,747/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $269,794 $1,110 3.0% +9.0% $134,897
3BR $383,241 $1,480 2.8% +8.8% $127,747

Market Trends

Home Value History (with trend line)

$372K$325K$277K$230K$182K$134KJan 2009Oct 2017Jul 2026

📊 How Does 54940 Compare?

Metric 54940 Fremont Oshkosh-Neenah, WI Wisconsin
Home Value $355,406 $355,406 N/A $320,446
5-Year CAGR 6.6% 6.6% N/A 7.3%
Avg Rent $999 $999 N/A -
Cap Rate 2.2% 2.2% - -
💡 Why Invest in 54940? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54940 (Fremont, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+6.6%
Strong

📊 Market Snapshot

Home Value $355,406
Monthly Rent $999
Price-to-Rent 29.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.4%
Cap Rate 2.2%
5-Year IRR 8.8%

📈 Home Appreciation

1-Year +9.4% ▲
3-Year CAGR +6.4% ▲
5-Year CAGR +6.6% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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
14.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.6%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54940

Population: 4,502

💰 Median Household Income
$84,132
This area
$84,132
State
$73,177
USA
$74,580
🏠 Renter Occupied
11.5%
This area
11.5%
State
22.0%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-1.8%
USA
3.7%
🎓 College Educated
23.4%
This area
23.4%
State
17.1%
USA
33.7%
👤 Median Age
47.5 years
This area
47.5 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
14.7%
This area
14.7%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 94.4%
Other/Mixed 3.1%
Asian 2.5%
Hispanic/Latino 1.3%
👶 Under 18
22.9%
This area
22.9%
USA
22.0%
👴 65 and Over
18.7%
This area
18.7%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
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 54940

B Avg School Grade
2 Schools
10.0:1 Avg Class Size
$16,228 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Fremont Elementary

📚 K – 05 Elementary
👥
93 Students
👨‍🏫
14.0:1 Class Size
💰
$16,228 Per Student
B Good

Fremont STEM Academy Inc.

📚 05 – 07 School Charter
👥
12 Students
👨‍🏫
6.0:1 Class Size
💰
$16,228 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.

Frequently Asked Questions

Does Fremont, WI make sense for an investment property?

The 3.0/5 investability rating in Fremont, WI reflects its $355K prices and $999/mo rents. Investors generally consider it a solid option within WI.

How landlord-friendly is Fremont, WI?

The landlord environment in Fremont, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Where do rents currently stand in Fremont, WI?

Investors in Fremont, WI typically see rents near $999/mo per month against $355K home values - a solid setup for rental cash flow.

Does house hacking work in Fremont, WI?

House hacking works a challenging in Fremont, WI. Rents of $999/mo against $355K acquisition make the strategy solid for owner-occupants.

What are vacancy rates like in Fremont, WI?

Vacancy in Fremont, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $999/mo.

You know 54940 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 54940 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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How 54940 ranks in Oshkosh-Neenah, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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