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Housing in Pepin

A typical Pepin home is worth roughly $209,000

Builders were permitted 4 new homes in 2025.

Typical home value
$209K
WI $340K
Estimate
2-bedroom rent
$1,520
a month, utilities in · HUD
Median tax bill
$3,040
WI $3,792

What kind of housing town is Pepin?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.8 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about
$199,000
Typical Pepin home $209K

That’s $11K short of a typical Pepin home.

The typical home, each month
$1,350
Loan $1,040Tax $250Insurance $60

A two-bedroom rents for about $1,520 a month here, $170 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pepin’s typical property tax (1.45% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,520

Renters already here pay a median of $844, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,100
1 bedroom$1,250
2 bedrooms$1,520
3 bedrooms$2,020
4 bedrooms$2,270
22%
of households rent · WI 32%
44
renter households
$844
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

4 new homes permitted in 2025

Builders were permitted 4 new homes in Pepin in 2025, all single-family houses, worth about $3.2 million to build. Over the past 10 years, Pepin has permitted 26 homes in all.

Single-family2+ homes per building
010203040 200020052010201520202025
4
new homes permitted in 2025
2
2026 so far (Jan–Aug)
26
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−106
New homes+11

Between the 2010 and 2020 censuses, Pepin's population fell by 106 even though 11 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 16% of Pepin's homes are seasonal or vacation homes, which adds housing without adding residents. Across Wisconsin: 1.3 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$1.6 million
2025440$3.2 million
2024000—
2023000—
2022330$245,000
2021330$614,000
2020550$1.4 million
2019440$680,000
2018000—
2017440$1.1 million
2016330$783,000
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008110$150,000
2007110$150,000
2006220$300,000
2005000$875,000
20041376$1.2 million
2003220$297,000
2002220$310,000
200137334$2.7 million
2000220$170,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

78% of Pepin households own their home

Half of Pepin’s homes were built before 1972.

Owners and renters
Own 78%Rent 22%

Wisconsin: 68% own.

1972
typical home built · WI 1975
$3,040
median property tax bill · WI $3,792
1.45%
of a home’s value, a year in tax · WI 1.42%
16%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Pepin buyers, sellers and renters are saying.

Town Square →
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Is Pepin still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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