Performance indicators for the Waukesha short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Waukesha.
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Generally Investor friendly
STRs are explicitly allowed under Wisconsin law with a straightforward DATCP Tourist Rooming House license (1–4 units, $110 annual + $300 one‑time pre‑inspection), and municipalities like New Berlin impose additional local licensing, inspections, and occupancy/parking rules, but fees/caps remain manageable and state law limits municipalities to at least 180 rental days per year and prevents outright bans for stays of 7+ days.
Local STR Agent
STR specialist · Waukesha, WI
Waukesha ( WAW-ki-shaw) is the seat of government of Waukesha County, Wisconsin, United States. It is part of the Milwaukee metropolitan area. Its population was 71,158 at the 2020 census, making it the seventh-most populous city in Wisconsin. The city is adjacent to the Village of Waukesha.