Shawano, WI

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

98 / 167

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$20,187

Middle-Earners Revenue

Occupancy

43%

Middle-Earners Occupancy

Home Value

$257,463

Median Home Sale Price

Top Earners

$45,178

Top-Earners Revenue

Shawano

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Shawano.

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B

Generally Investor friendly

Shawano Regulations

Shawano explicitly allows STRs in residential zones with a modest, long‑valid ($200/2‑year) city license, a supportive tone, and clear process. However, the Town of Richmond imposes a 180‑day annual cap, 6‑day minimum stay, 35‑mile manager proximity, record‑keeping and renewal rules, and the state tourist‑rooming‑house license is required, making compliance a known but moderately burdensome process that limits yields in affected areas.

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About Shawano

Shawano, Wisconsin is a small city in the northeastern part of the state and serves as the county seat of Shawano County. With a population of approximately 9,000 residents, it functions as a regional hub for the surrounding rural communities and the timber country of central Wisconsin. The city has a working-class, outdoorsy character, and it is best known for its location on Shawano Lake and as a gateway to the Menominee Indian Reservation, one of the largest forested reservations in the country. It lies roughly 45 miles northwest of Green Bay, the nearest major metropolitan area, and is positioned along the Wolf River, a waterway famous for its spring walleye run and winter sturgeon spearing.

Shawano Lake itself is the centerpiece of recreation in the area, wrapping around the western and northern edges of the city. Covering several thousand acres, the lake draws anglers in search of walleye, musky, and panfish, along with boaters, swimmers, and families looking for a quieter alternative to the larger lake destinations in northern Wisconsin. Public launches and lakeside parks line much of the shoreline, and the city hosts seasonal events tied to the lake throughout the year, giving visitors a clear reason to base themselves in town for an extended stay.

Just south of Shawano, the Navarino Wildlife Area offers a more low-key outdoor experience, with hiking trails, observation platforms, and seasonal hunting opportunities spread across thousands of acres of wetland and forest along the Wolf River bottomlands. It is a popular stop for birdwatchers in spring and fall and for cross-country skiers during the colder months, and it provides visitors with a different perspective on the region's water-and-timber landscape.

The surrounding region is also defined by its proximity to the Menominee Indian Reservation, where the Menominee people have stewarded the surrounding forests for generations. Visitors interested in Indigenous history and culture can find community events, museums, and interpretive sites that highlight the tribe's deep relationship with the land. Annual gatherings such as the Menominee Pow-Wow draw visitors from across the region and add a distinct cultural layer to the area's identity, supplementing the outdoor draws with a meaningful seasonal event calendar.

For short-term rental owners, Shawano offers a combination of small-town accessibility and year-round outdoor appeal. Its relatively short drive from Green Bay provides a steady flow of visitors seeking a quieter, lake-oriented alternative, while the surrounding lakes, forests, and cultural attractions create reasons to visit in every season.

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