Warrens, WI

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

34 / 106

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$25,882

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$203,603

Median Home Sale Price

Top Earners

$39,181

Top-Earners Revenue

Warrens

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Warrens.

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B

Generally Investor friendly

Warrens Regulations

Warrens permits short‑term rentals, especially as lodging/boarding houses or inns in the Business District without an STR‑specific license, but residential STRs are limited to a conditional‑use Bed‑and‑Breakfast in R‑1 and require a zoning interpretation in R‑2. The permitting process is standard (building and zoning permits, site plan, parking and signage rules) with modest fees, and while occupancy is capped at five unrelated occupants, there are no caps on total units. Enforcement is moderate (warnings and $100 fines), keeping compliance manageable for investors.

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About Warrens

Warrens is a small village in Monroe County, in the central part of Wisconsin, with a population of roughly 500 residents. It sits amid the marshes and sandy soils that make this region one of the most productive cranberry-growing areas in the country, and it has built a reputation around that heritage, hosting what is widely regarded as the world's largest cranberry festival each fall. Life in the village is quiet and rural, with a close-knit feel and easy access to the surrounding Driftless Area landscapes, and it appeals to visitors who enjoy outdoor recreation, agricultural tourism, and small-town Wisconsin character. The nearest sizable city is La Crosse, which lies about 60 miles to the southwest along Interstate 94, while Madison, the state capital, is roughly 100 miles to the south and southeast.

The single biggest draw in Warrens is the annual Warrens Cranberry Festival, held every September over the long weekend. The festival draws tens of thousands of visitors with its cranberry-themed food, marsh tours, parade, marketplace, and agricultural demonstrations, and it consistently ranks among the largest festivals in Wisconsin. For hosts, it represents a sharp seasonal peak, with lodging demand outstripping supply for the duration of the event and prices reflecting that scarcity.

Just north of Warrens, the Necedah National Wildlife Refuge offers a very different kind of attraction, with more than 40,000 acres of wetlands, savanna, and forest that are home to sandhill cranes, whooping cranes, trumpeter swans, and a wide variety of waterfowl. The refuge is roughly a 20-minute drive from the village and provides auto tour routes, observation platforms, and hiking trails that are popular during spring and fall migration, when birding visitors travel from across the Midwest.

A short drive east brings visitors to the small city of Tomah, often called the "Gateway to Wisconsin" because of its position along the interstate. Tomah offers a more conventional small-city experience with restaurants, shops, and lodging, and it serves as a practical base for travelers passing through. From there, the larger resort region of Wisconsin Dells lies about an hour to the southeast, and the bluff country and Mississippi River scenery of La Crosse are roughly an hour to the southwest, giving Warrens-based guests a wide radius of day-trip options.

Warrens works well as a short-term-rental base because it offers an authentic, low-key Wisconsin experience with a marquee event that drives strong seasonal demand, while the surrounding wetlands, wildlife refuge, and easy interstate access put a surprising range of regional attractions within reach. For owners, the combination of a small housing stock, a globally recognized festival, and proximity to outdoor recreation in the Driftless Area creates a market that rewards well-positioned, year-round listings.

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