All homes and bedroom counts
RENTAL MARKET INTELLIGENCE
Oshkosh, WI
Oshkosh merits investigation for affordability-focused buyers who can tolerate weak employment and flood exposure; buyers requiring current job growth or a gross yield above 4.56% should avoid it.
Median price$308k
Median rent$1,169
Gross yield4.6%
Job growth▼ 0.9%
Composite Market ScoreRank #327 of 571 scored US market areas
Direct rental answer
How much is rent in Oshkosh, WI?
Zillow's metro-wide Observed Rent Index is $1,169 per month for 2026-06-30. That is up 3.42% from a year earlier.
Occupied rental units paying rent
Two-bedroom standard
These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.
Exact county schedules
HUD rent benchmarks inside Oshkosh
Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.
| County | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Winnebago County, WIFIPS 55139 | $875 | $889 | $1,149 | $1,543 | $1,651 |
The read
Why this market scores where it does
Oshkosh merits investigation for affordability-focused buyers who can tolerate weak employment and flood exposure; buyers requiring current job growth or a gross yield above 4.56% should avoid it. At $307,796, home values rose 5.09%, while asking rent of $1,169 rose 3.42%. Purchase pricing therefore moved faster than rent, limiting the support rent growth gives new acquisitions.
Affordability is the clearest opportunity: rent equals 18.72% of median income and home value equals 4.11 times median income. Yet CES employment fell 0.95%. Net migration was positive at 184 households, so labor and household-flow signals point in different directions.
Supply and physical risk need property-specific review. Permitting totaled 1,298 while current for-sale inventory stood at 2.4 months, so future additions and current acquisition availability should be assessed separately. Inland flood is the dominant hazard, and the annualized climate loss ratio is 0.1273%, making insurance terms and parcel exposure central underwriting inputs.
Frequently Asked Investor Questions
Is household migration positive or negative?
Tax filings show 5,031 households moved in and 4,847 moved out, producing net migration of 184 households.
What do current resale conditions look like?
The record reports 2.4 months of supply, median days on market of 46, and a price-drop rate of 10.76%.
How much investor activity is reported?
Non-occupants accounted for 11.39% of purchase mortgages, and 2,187 total purchases were reported.
Investor Quick Takeaways
Gross Yield: 4.6%
Computed from the current Zillow rent and home-value medians.
Rent Momentum: ▲ 3.42%
Zillow ZORI rent growth trend over trailing 12 months.
Investor Activity: 11.4%
Originated investment purchase share (CFPB HMDA).
Climate Exposure: FEMA NRI
Annualized loss ratio evaluated for flood & hurricane risk.
Put the evidence to work
Test the market, then test the deal
Keep Oshkosh as the starting point or move into a more specific property and rent check.
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Market pulse
The current market in eight signals
Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.
Months of supply2.4 mo.unchanged from a year ago
Median days on market46 daysunchanged from a year ago
Listings with price drops10.8%▼ from 14.5% a year ago
Sale-to-list ratio101.3%2026-05-01
Home value growth▲ 5.1%Zillow ZHVI · trailing 12 months
Rent growth▲ 3.42%Zillow ZORI · trailing 12 months
Gross rental yield4.6%Rent × 12 ÷ price
Payroll job growth▼ 0.9%CES · 12m to 2026-06
Release-to-release evidence
What actually changed
This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.
Published score held steady46→46
0 ptsThe published component scores did not move in this release.
Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.
The named source periods advanced, but the measured values on this page held steady.
The one chart
Rents versus prices, indexed to 2019
Both series start at 100. The gap between the lines is the investment case, and which line is closing it tells you what kind of market this is.
Reindexed Price vs. Rent Growth
2019 = 100 · annual · 2019–2026
Since 2019, prices are up 64% and rents 57%. Prices running ahead of rents is what compresses yield. ✓ recomputed from series
Composite breakdown
What each component measures
Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.
Published arithmeticComponent × weight = points
46| Signal | Score | Weight | Points |
|---|---|---|---|
| Job growth | 13 | 30% | 3.90 |
| Rent trend | 52 | 25% | 13.00 |
| Affordability | 89 | 15% | 13.35 |
| Supply pressure | 45 | 15% | 6.75 |
| Climate risk | 61 | 15% | 9.15 |
| Published score | 46 | ||
Oshkosh, WI scoreRank #327
46Job growth13/100
Job: CES employment fell 0.95% year over year -> demand underwriting should not assume current labor-market growth.
Rent trend52/100
Rent: Asking rent rose 3.42% while home values rose 5.09% -> rent growth did not keep pace with purchase pricing.
Affordability89/100
Affordability: Rent equals 18.72% of median household income and price equals 4.11 times income -> affordability is the strongest component signal.
Supply pressure45/100
Supply: Permitting totaled 1,298 and inventory was 2.4 months -> buyers should separate future additions from current acquisition availability.
Climate risk61/100
Climate: Inland flood is the dominant hazard and the annualized loss ratio is 0.1273% -> property-level flood and insurance diligence is required.
The numbers
What this market costs and what it earns
Every derived ratio below recomputes from the same source record used by the article and score.
ZHVI Median Price
$308k
YoY ▲ 5.1%
ZORI Median Rent
$1,169
YoY ▲ 3.42%
Gross Rental Yield
4.6%
Rent × 12 ÷ price
$1,169 × 12 ÷ $307,796
Job Growth (YoY)
▼ 0.9%
CES payrolls
Job signal 13/100
Median Household Income
$75k
Census ACS 5-year
Rent Burden
18.7%
Annual rent ÷ household income
Price-to-Income
4.1x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,149
Market rent 101.7% of FMR
Historical affordability context
Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.
Independent rent evidence
One market, several legitimate rent benchmarks
These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.
Monthly benchmark4 of 4 reported values
Zero-based scale$1,169Primary RentMarker baseline
2026-06-30
All homes and bedroom counts
A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.
View source release ↗$889−$280 vs ZORI
FY2026 FMR
One-bedroom standard
An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.
View source release ↗$1,149−$20 vs ZORI
FY2026 FMR
Two-bedroom standard
An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.
View source release ↗$965−$204 vs ZORI
ACS 2024 5-year
Occupied rental units paying rent
A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.
View source release ↗Take the next step
Keep Oshkosh as context, then replace market-wide evidence with the candidate property's facts.
Regional price level
What feels expensive inside Oshkosh
BEA compares each category with the United States, which equals 100. This is a 2024 price-level comparison—not annual inflation.
BEA Regional Price Parities · 2024US = 100
Occupation wage lens
How asking rent sits against major local occupations
Annualized Zillow asking rent is divided by each BLS annual median wage. This is a screening ratio for one wage, not a household budget or affordability verdict.
Six largest published major groupsannual rent ÷ median wage
Production Occupations$57,000 median wage
24.6%
Office and Administrative Support Occupations$47,230 median wage
29.7%
Transportation and Material Moving Occupations$45,790 median wage
30.6%
Food Preparation and Serving Related Occupations$30,000 median wage
46.8%
Sales and Related Occupations$38,510 median wage
36.4%
Business and Financial Operations Occupations$75,990 median wage
18.5%
Supply pipeline
What is being built, and for whom
Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.
National supply context
Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.
Building permits by structure type
units per year · latest year annualised
1,282 units authorised in 2026, 77% of them in 5+ unit buildings. A meaningful share is apartments, which discount first when they lease up. ✓ recomputed from series
Who is arriving, and who is buying
Demand, and the competition for it
Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.
Net Household Move
+184
5,031 in vs 4,847 out (IRS SOI)
▲ 3.7% of arriving households
Mover Income Gap
−$3,086
Arriving $58,997 vs leaving $62,083
Average AGI per tax return (IRS SOI)
Investor Purchase Share
11.4%
249 of 2,187 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.127% building value annual loss ratio
FEMA NRI · risk type: water
Compare yield and FEMA exposure →Households arrive mainly from: Outagamie County · Fond du Lac County · Calumet County · Brown County · Milwaukee County
✓ 5,031 in − 4,847 out = 184 netDirect market links
Where tax-return households moved from and to
These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.
Leading inbound markets
- Appleton, WI1,681 arriving
- Fond du Lac, WI382 arriving
- Milwaukee, WI313 arriving
Leading outbound markets
- Appleton, WI1,666 leaving
- Milwaukee, WI327 leaving
- Green Bay, WI273 leaving
The other side
What would make this a bad buy
Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.
Three ways the case breaks
- CES employment declined 0.95% year over year, leaving a weak labor-demand signal.
- Home values rose 5.09% while asking rents rose 3.42%, alongside a 4.56% gross yield.
- Inland flood is the dominant hazard, creating parcel and insurance uncertainty.
Inside this metro area
Move from the market-area average to local evidence
Use the available county and city pages to add local price, rent, housing, migration and hazard context to the market-area view.
County records
Cities in this market
Statistical peers
Market areas that behave like Oshkosh
Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.
| Market area | Score | Price | Rent | Yield | Job Growth |
|---|---|---|---|---|---|
| Oshkosh, WI (Target) | 46 | $308k | $1,169 | 4.6% | ▼ 0.9% |
| Fargo, ND | 40 | $329k | $1,131 | 4.1% | ▼ 1.1% |
| Wausau, WI | 61 | $272k | $1,018 | 4.5% | ▼ 1.4% |
| Janesville, WI | 63 | $300k | $1,208 | 4.8% | ▼ 0.3% |
| Moses Lake, WA | 30 | $363k | $1,479 | 4.9% | ▼ 0.9% |
Provenance
Where every figure came from
“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.
| Dataset Source | Method | Release Period | Pulled Date |
|---|---|---|---|
| Census ACS 5-year — household income and gross rent | direct | ACS 2024 5-year | 2026-08-05 |
| Census ACS 5-year — historical household income | direct | ACS 2019 and 2024 5-year | 2026-08-05 |
| Census ACS 5-year — population | direct | ACS 2024 5-year | 2026-07-26 |
| Apartment List Rent Estimates — recent-lease rent index | direct | Apartment List 2026-07 | 2026-08-08 |
| Apartment List Time on Market — listing liquidity | direct | Apartment List 2026-07 | 2026-08-08 |
| Apartment List Vacancy Index — rental vacancy | direct | Apartment List 2026-07 | 2026-08-08 |
| BEA County Personal Income — income and population | direct | 2024 County Personal Income (released 2026-02-05); history 1969-2024 | 2026-08-03 |
| BEA Regional Price Parities — metropolitan price levels | direct | 2024 Regional Price Parities (released 2026-02-19); history 2008-2024 | 2026-08-03 |
| BLS CES — payroll employment | direct | CES SM current | 2026-07-26 |
| BLS LAUS — resident employment | direct | LAUS current | 2026-07-26 |
| BLS OEWS — occupation employment and wages | direct | May 2025 OEWS estimates (released 2026-05-15) | 2026-08-03 |
| BLS QCEW — county employment and wages | direct | annual county employment and wages 2021-2025; latest 2025 vs 2024 | 2026-08-02 |
| OMB/BLS delineation — metro geography | direct | OMB July 2023 delineation | 2026-07-30 |
| Census Building Permits Survey — permitted units | direct | BPS through 2026 | 2026-07-26 |
| Census ACS 5-year — city population, households and housing | direct | ACS 2024 5-year | 2026-07-29 |
| Census ACS 5-year — county housing value, tenure and stock | direct | ACS 2024 5-year | 2026-07-30 |
| Census ACS 5-year — cities and communities | direct | ACS 2024 5-year | 2026-07-30 |
| Census ACS five-year — ZCTA housing and income | direct | ACS 2024 5-year ZCTA | 2026-08-08 |
| FEMA National Risk Index — hazard loss ratios | modelled | NRI counties (FEMA ArcGIS) | 2026-07-26 |
| FHFA House Price Index — annual county appreciation | direct | annual county HPI history 1975-2025; latest 2025 | 2026-08-02 |
| HMDA / CFPB — purchases by occupancy type | direct | HMDA 2024 purchase originations | 2026-07-26 |
| HUD CHAS — renter burden by HAMFI income band | direct | HUD CHAS 2018-2022 ACS 5-year (released 2025-12-23) | 2026-08-03 |
| HUD Fair Market Rents — Section 8 standard | direct | FY2026 FMR | 2026-07-26 |
| HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback | direct | ZIP-CBSA 2025Q4 + SAFMR FY2026 | 2026-07-26 |
| HUD-USPS ZIP-to-county residential-address crosswalk | direct | HUD-USPS 2026Q1 | 2026-08-09 |
| IRS SOI — county migration and mover income | direct | SOI migration 2022-2023 | 2026-07-26 |
| Freddie Mac PMMS — mortgage rates | direct | week of 2026-07-30 | 2026-08-06 |
| Census ACS 5-year — effective property tax | direct | ACS 2024 5-year | 2026-08-06 |
| Realtor.com Economic Research — county listing inventory | direct | county inventory 2026-06 | 2026-07-28 |
| Realtor.com Rental Report — top-50 asking rents | direct | top-50 rental asking rents 2026-05 | 2026-08-05 |
| Redfin Data Center — inventory, days on market, and price cuts | direct | metro tracker through 2026-05-01 | 2026-07-26 |
| Redfin Data Center — ZIP resale activity and supply | direct | ZIP rolling 3 months through 2026-06-30; updated 2026-07-03 | 2026-08-12 |
| USDA ERS — Rural-Urban Continuum Codes | direct | USDA ERS 2023 Rural-Urban Continuum Codes | 2026-08-02 |
| Zillow ZHVI and ZORI — county values and rents | direct | county ZHVI/ZORI 2026-06 | 2026-07-26 |
| Zillow ZHVI — metro home values | direct | Metro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv | 2026-07-26 |
| Zillow ZHVI — city home values | direct | zillow_zhvi_city.csv | 2026-07-29 |
| Zillow ZORI — metro market rents | direct | Metro_zori_uc_sfrcondomfr_sm_sa_month.csv | 2026-07-26 |
| Zillow ZORI — city market rents | direct | zillow_zori_city.csv | 2026-07-29 |
| Zillow ZORI - metro market rents, not seasonally adjusted | direct | Metro_zori_uc_sfrcondomfr_sm_month.csv | 2026-08-15 |
| Zillow ZORI — ZIP market rents | direct | ZORI ZIP 2026-06 | 2026-08-08 |