Delavan, WI

Key Performance Metrics

Market snapshot

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

Listings

99 / 193

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$43,295

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$321,877

Median Home Sale Price

Top Earners

$93,682

Top-Earners Revenue

Delavan

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Delavan.

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Challenging to Investors

Delavan Regulations

STRs are allowed but tightly regulated: a 180‑day rental season cap for 7–28‑day stays, a strict 10‑night cap for under‑7‑day stays without a license, and three overlapping licenses (DATCP, County, Town) costing roughly $1,445 first‑year and $985+ annually, with ongoing room/sales‑tax filings, $663 fines, and non‑transferable licenses, creating a significant compliance burden for investors.

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About Delavan

Delavan is a city in Walworth County, Wisconsin, United States. The population was 8,505 at the 2020 census. It is located 45 miles (72 km) southwest of Milwaukee. The city is located partially within the Town of Delavan, but the two entities are politically independent. Delavan is home to Delavan Lake which brings in a large number of tourists each year, and is also close to Lake Geneva, another popular tourist destination.