Delafield, WI

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Delafield short-term rental market based on reliable data.

Listings

15 / 28

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$36,971

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$757,187

Median Home Sale Price

Top Earners

$59,260

Top-Earners Revenue

Delafield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Delafield.

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B

Generally Investor friendly

Delafield Regulations

Delafield explicitly permits STRs with clear regulatory framework (ORD 2023-05), requiring standard licensing, inspections, and tax collection. The permitting process involves multiple steps but follows known municipal procedures with reasonable requirements. No strict caps or prohibitive restrictions mentioned, with STRs allowed across multiple zoning districts subject to basic compliance.

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About Delafield

Delafield is a small city in Waukesha County, Wisconsin, with a population of approximately seven thousand residents. Tucked into the heart of Wisconsin's "Lake Country," it sits among the rolling, glacier-carved terrain west of Milwaukee and is known for its walkable historic downtown, tree-lined streets, and a string of clear lakes that give the surrounding region its name. Roughly thirty miles west of Milwaukee and about an hour east of Madison, Delafield functions as both a quiet residential community and a natural gateway to the Kettle Moraine State Forest, drawing visitors who want a small-town base with easy access to outdoor recreation and the amenities of a major metro area.

The historic downtown centers on Hawks Inn, a stone stagecoach inn built in 1846 and listed on the National Register of Historic Places. Once a stop for travelers between Milwaukee and Madison, it now operates as a museum that offers a glimpse into nineteenth-century Wisconsin life, with period furnishings and interpretive exhibits. The surrounding blocks hold locally owned shops, cafes, and restaurants in restored brick buildings, and the whole district is compact enough to explore on foot in an afternoon.

Just a few minutes west of the city lies the Lapham Peak Unit of the Kettle Moraine State Forest, a sprawling preserve built around a hill that rises roughly two hundred feet above the surrounding countryside. The park is laced with hiking and biking trails, including a segment of the Ice Age National Scenic Trail, and an observation tower at the summit offers long views across southern Wisconsin. In winter, the hill is groomed as a small downhill ski area, and the wooded trails attract cross-country skiers and snowshoers.

Nagawicka Lake, one of the largest and most popular lakes in the region, sits just south of the downtown and anchors summer life in Delafield. Its roughly nine hundred acres of water support sailing, fishing, paddleboarding, and boating, and a handful of public parks and boat launches give visitors easy access to the shoreline. Waterfront restaurants and a relaxed, lake-resort atmosphere make it a natural draw for families and weekenders during the warmer months.

Delafield's combination of preserved small-town character, immediate access to lakes and glacial forest, and a short drive to Milwaukee makes it a particularly compelling base for short-term rentals. Guests can step from a quiet, historic main street directly into hiking trails, onto open water, or out to a Milwaukee Brewers game, all within the span of a single stay.

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