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Kenosha, WI

Cost of Living & Affordability: Kenosha, WI

Updated 2026 · Based on median market data for Kenosha, WI

Cap Rate
3.37%
Median Price
$225K
Rent/Mo
$1,200
1% Rule
0.53%
Fails

Housing Affordability

Kenosha's price-to-income ratio is 4.0x — homes cost 4.0 times the local median household income of $56,200. This is moderately affordable. A healthy portion of the workforce can still aspire to homeownership, but many find renting more practical — creating a solid tenant base of working professionals.

Rent vs Buy Analysis

A typical mortgage payment on a median-priced home in Kenosha (20% down at 7%) is approximately $1,496/mo for principal and interest alone — add taxes and insurance and the all-in payment reaches roughly $1,924. The median rent of $1,200/mo is significantly less than buying — this rent-vs-buy gap is one of the strongest indicators of sustainable rental demand. When renting is cheaper than buying, the renter pool stays deep and vacancy stays low.

Income & Employment

The median household income in Kenosha is $56,200, with a population of 100,000 growing at 0.4% per year. Kenosha is a smaller market. Research the local employment base carefully — smaller cities can be significantly impacted by a single employer's decisions.

What This Means for Investors

Kenosha is affordable with moderate returns. Focus on volume — the low entry point lets you scale to multiple properties faster than in more expensive markets.

Full Kenosha Analysis →Cap Rate CalculatorBRRRR Calculator

More Kenosha Guides

Rental Property Investment GuideRent AnalysisProperty Tax GuideAppreciation & Growth ForecastNeighborhood Investment Guide

Similar Markets in the Midwest

Joliet, IL$250K · $1,380/mo
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Iowa City, IA$245K · $1,200/mo
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Ames, IA$235K · $1,150/mo
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Minneapolis, MN$325K · $1,520/mo
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Sioux Falls, SD$275K · $1,280/mo
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