Lake Mills, WI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lake Mills short-term rental market based on reliable data.
Listings
14 / 30
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$34,335
Middle-Earners Revenue
Occupancy
55%
Middle-Earners Occupancy
Home Value
$406,404
Median Home Sale Price
Top Earners
$60,516
Top-Earners Revenue
Lake Mills
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lake Mills.
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Generally Investor friendly
Lake Mills Regulations
STRs are permitted with no town-specific caps or approvals, but operators must obtain a Wisconsin Tourist Rooming House license (requires a $410 initial cost and $110 annual fee, plus state inspection) and comply with state health/safety and tax rules. The lack of local ordinances and Wisconsin’s prohibition on de facto bans keep costs manageable and barriers moderate, though some local policy uncertainty and nuisance enforcement create modest risk.
Local STR Agent
STR specialist · Lake Mills, WI
About Lake Mills
Lake Mills is a city in Jefferson County, Wisconsin, United States. The population was 6,211 at the 2020 census. The city is located partially within the Town of Lake Mills.