Rent vs. Buy in Jefferson County, WI

Should you rent or buy in Jefferson County? Here are the numbers.

Median Home Price

$238,300

Median Rent

$981/mo

Price-to-Rent Ratio

20.2x

Homeownership Rate

73.1%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,205
Property Tax$326
Insurance$79

Total Monthly$1,610

Renting

Monthly Rent$981
Renter's Insurance$25

Total Monthly$1,006

In Jefferson County, buying costs approximately $629/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Jefferson County, Wisconsin

Jefferson County in Wisconsin has a median household income of $77,018 and an effective property tax rate of 1.6%. With a price-to-rent ratio of 20.2x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Wisconsin

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.