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MarketsWisconsinMarinetteRental Property Investment Guide

Rental Property Investment Guide: Marinette, WI

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

Cap Rate
3.14%
Median Price
$195K
Rent/Mo
$1,000
1% Rule
0.51%
Fails

Market Snapshot

Marinette sits in the Midwest with a population of 50,000 growing at 0.5% annually. The median home costs $195,000 while rents average $1,000/mo, producing an estimated cap rate of 3.14%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Marinette works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 3.14% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Marinette

Target properties priced 15-25% below the $195,000 median — around $156,000 or less. At this price point with $1,000/mo rents, your cap rate improves to roughly 4.6%. Factor in 1.88% property taxes ($3,666/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.5% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,443.

Risks and Considerations

Property taxes at 1.88% are notably high — this is a significant drag on NOI that some investors underestimate. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Marinette property using our cap rate calculator (pre-filled with Marinette data). Compare Marinette against similar markets in the Midwest region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Marinette Compares

Marinette vs Wisconsin state average and national average across key investment metrics. Marinette's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Marinette
Wisconsin Avg
National Avg
Cap Rate
3.14%
1.83%
3.81%
Median Price
$195K
$309K
$333K
Median Rent
$1,000
$1,223
$1,524
Property Tax
1.88%
1.88%
1.08%
Vacancy
5.5%
5.5%
5.6%
Pop. Growth
0.5%/yr
0.5%/yr
0.9%/yr

Nearby Midwest Markets

City
Cap Rate
Price
Rent
Tax
Marinette, WI
3.1%
$195K
$1,000
1.88%
Waterloo, IA
4.0%
$195K
$1,100
1.5%
Austin, MN
2.9%
$195K
$830
1.12%
Springfield, OH
4.0%
$195K
$1,120
1.58%
Toledo, OH
4.3%
$190K
$1,160
1.65%

Frequently Asked Questions

Is Marinette, WI a good place to invest in rental property?
Marinette has an estimated cap rate of 3.14%, which is below the national average of 3.81%. With median home prices at $195K and rents of $1,000/mo, pure cash flow investing in Marinette is challenging at median prices, but value-add strategies can work. Population growth of 0.5% and 5.5% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Marinette?
The estimated cap rate for Marinette is 3.14%, based on median home prices of $195K, median rents of $1,000/mo, a 1.88% property tax rate, and 5.5% vacancy. This compares to a 1.83% average across Wisconsin and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Marinette?
The median home price in Marinette is $195,000, which is 42% below the national average of $333,419. A 20% down payment would be approximately $39,000. Investment properties in Marinette range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Marinette property taxes for investors?
Marinette's effective property tax rate is 1.88%, which is above the Wisconsin average of 1.88% and above the national average of 1.08%. On a $195K property, annual taxes are approximately $3,666 ($306/mo). Higher property taxes are one of the largest operating expenses — model this carefully.
Full Marinette Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Marinette & Related Markets

More Marinette Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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