Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kenosha, Wisconsin.
Median Home Price
$245K
Population
100K
Avg Monthly Rent
$1,120
Property Tax Rate
1.76% *
* Property tax shown is the Wisconsin state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Kenosha.
Kenosha vs Wisconsin Median
The median home price in Kenosha is $245,000, which is 13% below the Wisconsin state median of $280,000.
Mortgage Calculator — Kenosha, WI
Pre-filled with Kenosha median home price and Wisconsin tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $245K home using Wisconsin's 1.76% tax rate and $1,300/yr insurance.
5% Down
$2,075/mo
Down: $12,250
Loan: $233K
P&I: $1,471
Tax: $359
Insurance: $108
PMI: $136
10% Down
$1,990/mo
Down: $24,500
Loan: $221K
P&I: $1,394
Tax: $359
Insurance: $108
PMI: $129
20% Down (No PMI)
$1,707/mo
Down: $49,000
Loan: $196K
P&I: $1,239
Tax: $359
Insurance: $108
Income needed (28% rule): $73K/year with 20% down, $85K/year with 10% down.
Rent vs Buy in Kenosha
Rent
$1,120/mo
vs
Buy (10% down)
$1,990/mo
Price-to-rent ratio: 18.2 — A ratio between 15-20 means the rent vs buy decision in Kenosha depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Kenosha is $245,000, 13% below the Wisconsin state median of $280,000. With a population of 99,889, Kenosha is a smaller market where home prices tend to be more accessible than in many parts of Wisconsin.
Property taxes in Wisconsin average 1.76% annually. This higher-than-average tax rate means a $245,000 home in Kenosha would carry roughly $359/month in property taxes alone — plan accordingly. Homeowners insurance in Wisconsin runs approximately $1,300 per year. This is within the normal range nationally.
Average rent in Kenosha is $1,120/month. The price-to-rent ratio in Kenosha is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Kenosha offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Wisconsin's WHEDA First-Time Advantage program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kenosha.