Rent vs. Buy in Pepin County, WI

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

Median Home Price

$178,500

Median Rent

$778/mo

Price-to-Rent Ratio

19.1x

Homeownership Rate

82.0%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$903
Property Tax$235
Insurance$60

Total Monthly$1,198

Renting

Monthly Rent$778
Renter's Insurance$25

Total Monthly$803

In Pepin County, buying costs approximately $420/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Pepin County, Wisconsin

Pepin County in Wisconsin has a median household income of $70,833 and an effective property tax rate of 1.6%. With a price-to-rent ratio of 19.1x, the rent-vs-buy decision is nuanced and depends on your timeline.

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.