In McFarland, a typical home is worth $390,100 and typical rent is $1,458 a month. Compared with all of Dane County, typical household income is 8% higher and the share of households that own their home is 16 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $394,366 to $491,300.
Typical rent
$1,606a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
McFarland is in Dane County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Dane County. See the county
What this place has that others do not, from public data, most unusual first.
1
73% of households in McFarland own their home, against 57% in Dane County.
2
Nearby, in Stoughton, the typical home value is $293,500: 25% less than in McFarland ($390,100).
3
McFarland has the 9th highest typical rent of the 154 cities in Wisconsin with more than 5,000 people ($1,458).
4
Nearby, in Stoughton, the typical rent is $1,157: 21% less than in McFarland ($1,458).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in McFarland
What homes there are in McFarland, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
McFarland
Dane County
Wisconsin
United States
Kind of home: McFarland and its comparisons
Measure
McFarland
Dane County
Wisconsin
United States
Detached house
65%
51%
66%
61%
Attached house
9%
7%
4%
6%
Building of 2 to 4
10%
9%
9%
8%
Apartments (5 or more)
15%
34%
17%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In McFarland, 7 in 10 homes are single-family detached houses; in Dane County, 5.
Year built
Before 19601960–19791980–19992000–20092010 or later
McFarland
Dane County
Wisconsin
United States
Year built: McFarland and its comparisons
Measure
McFarland
Dane County
Wisconsin
United States
Before 1960
11%
21%
33%
26%
1960–1979
24%
23%
24%
24%
1980–1999
28%
24%
22%
25%
2000–2009
19%
17%
13%
14%
2010 or later
18%
16%
9%
11%
By age, homes in McFarland look like those in Dane County: the typical year built is 1989.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K17%
$300K–$500K62%
$500K–$750K14%
$750K–$1M3%
$1M or moreUnreliable
Value of owner-occupied homes: McFarland and its comparisons
Measure
McFarland
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
17%
$300K–$500K
62%
$500K–$750K
14%
$750K–$1M
3%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49947%
$1,500–$1,99938%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: McFarland and its comparisons
Measure
McFarland
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
47%
$1,500–$1,999
38%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$2,306 a month
Dane County: $2,200 a month
Without a mortgage
$797 a month
Dane County: $901 a month
Owners with a mortgage
63%
Dane County: 68%
The typical cost for an owner with a mortgage in McFarland is $2,306 a month, near the figure in Dane County ($2,200).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
McFarland+57%
Dane County+49%
Wisconsin+48%
United States+53%
Typical rent
McFarland+37%
Dane County+29%
Wisconsin+27%
United States+33%
Typical household income
McFarlandNo clear change
Dane County+22%
Wisconsin+26%
United States+29%
Change since 2015–2019: McFarland and its comparisons
Measure
McFarland
Dane County
Wisconsin
United States
Typical home value
+57%
+49%
+48%
+53%
Typical rent
+37%
+29%
+27%
+33%
Typical household income
No clear change
+22%
+26%
+29%
The typical home value in McFarland rose 57% since 2015–2019, more than in Dane County (49%).
Rents in McFarland rose faster than in Dane County: 37% since 2015–2019, against 29%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: McFarland and its comparisons
Measure
McFarland
Dane County
Wisconsin
United States
Rental vacancy
Unreliable estimate
2.9%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.4%
0.5%
0.9%
More than one person per room
Unreliable estimate
1.6%
1.7%
3.4%
People per household
2.36
2.21
2.33
2.53
Drive alone
74%
64%
74%
69%
Carpool
Unreliable estimate
6%
7%
9%
Public transit
Unreliable estimate
3%
1%
3%
Walk or bike
Unreliable estimate
7%
3%
3%
Work from home
22%
20%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
More people live in each home here: 2.36 on average, against 2.21 in Dane County.
To get to work, 74% of workers in McFarland drive alone; in Dane County, 64%.
Do the math
What would you pay each month for a home in McFarland?
A typical home costs more than the typical income allows
We start with a typical home in McFarland, worth $390,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 42% of the typical household income in McFarland, which is $97,500 a year. For that payment to be 28% of income, a household would need to earn about $147,858 a year.
The calculator's FHA and conventional loan limits are those of all of Dane County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in McFarland. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $13,654 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,450
at 7.18% · 30 years
Loan amount
$383,034
Total interest
$551,096
Paid off in
November 2056
Includes $6,588 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,275 a month
Tight
$2,275 to $2,925 a month
Hard
more than $2,925 a month
Your payment · 42%
Compared with the typical household income in McFarland ($97,500 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,595
Property tax
$520
Home insurance
$163
FHA mortgage insurance (MIP)
$173
You need at least $13,654 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,450; principal and interest $2,595.
The city and its county
McFarland and Dane County
McFarland is in Dane County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
McFarland
Map of Dane County, Wisconsin, with McFarland marked. Around it, the neighboring counties.
McFarland
Dane County
Other cities with a page
McFarland's own numbers
Typical home value
$390,100
Typical monthly rent
$1,458
Typical yearly household income
$97,500
Households that own their home
73%
Effective property tax rate
1.6%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Dane County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,565
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
0.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Dane County.
A typical home in McFarland is worth $390,100: about the same as the county and 46% above Wisconsin. With the typical household income in McFarland ($97,500 a year), a typical home costs 4.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
McFarland4.0 years
Dane4.4 years
Wisconsin3.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Dane County
According to FHFA’s house price index, home prices in Dane County rose 93% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Dane County.
Yearly change in FHFA’s price index in Dane County, 2016 to 2025
2016: +5.3% +5.3% 2016
2017: +6.1% +6.1% 2017
2018: +5.6% +5.6% 2018
2019: +3.7% +3.7% 2019
2020: +2.7% +2.7% 2020
2021: +9.5% +9.5% 2021
2022: +14.9% +14.9% 2022
2023: +9.9% +9.9% 2023
2024: +6.7% +6.7% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Dane County, Wisconsin and the United States
Period
County
Wisconsin
U.S.
Last year (2025)
+4.1%
+5.4%
+2.9%
5 years (2020–2025)
+54%
+57%
+47%
10 years (2015–2025)
+93%
+96%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
McFarland next to Dane County, Wisconsin and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
McFarland$390,100
Dane$394,800
Wisconsin$266,500
United States$332,700
Typical monthly rent
McFarland$1,458
Dane$1,398
Wisconsin$1,087
United States$1,413
Typical yearly household income
McFarland$97,500
Dane$89,975
Wisconsin$77,485
United States$80,734
See the full table
McFarland next to Dane County and Wisconsin
Measure
McFarland
Dane County
Wisconsin
U.S.
Typical home value
$390,100
$394,800
$266,500
$332,700
Typical monthly rent
$1,458 ▲4% above the county
$1,398
$1,087
$1,413
Typical yearly household income
$97,500 ▲8% above the county
$89,975
$77,485
$80,734
Households that own their home
73% ▲16 points above the county
57%
68%
65%
Typical yearly property tax
$6,253 ▼3% below the county
$6,420
$3,792
$3,119
Effective property tax rate
1.6% ▼0.03 points below the county
1.63%
1.42%
0.94%
Renters with high rent for their income
47%
48%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Dane County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in McFarland
For a typical $390,100 home in McFarland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, McFarland's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,450a month
Least cash to close
Down payment
$13,654
Cash to close
$25,357
Rate
7.18%
Mortgage insurance
FHA MIP · $173
Conventional, 5% down$3,379a month
Down payment
$19,505
Cash to close
$31,208
Rate
7.18%
Mortgage insurance
PMI · $185
Conventional, 20% down, no PMI$2,797a month
Down payment
$78,020
Cash to close
$89,723
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,157a month
Down payment
$58,515
Cash to close
$70,218
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in McFarland
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,450
$13,654
$383,034
7.18%
FHA MIP · $173
$25,357
580
Conventional, 5% down
$3,379
$19,505
$370,595
7.18%
PMI · $185
$31,208
620*
Conventional, 20% down, no PMI
$2,797
$78,020
$312,080
7.18%
None
$89,723
620*
ITIN, 15% down (example)
$3,157
$58,515
$331,585
8.18%
None
$70,218
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in McFarland is $1,458 a month: 4% above the county. In McFarland, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Dane County, by unit size. To pay the 2-bedroom one ($1,565 a month) without spending more than 30% of your income, you would need to earn $30.10 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Dane County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,196
$23.00
$47,840
1 bedroom
$1,375
$26.44
$55,000
2 bedrooms
$1,565
$30.10
$62,600
3 bedrooms
$2,047
$39.37
$81,880
4 bedrooms
$2,264
$43.54
$90,560
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in McFarland
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). McFarland is in ZIP code 53558.
For 2 bedrooms it is $1,730: $165 more than the fair market rent for Dane County ($1,565).
Fair market rent by ZIP code and size in McFarland, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
53558
$1,320
$1,520
$1,730
$2,260
$2,500
ZIP code2 bd3 bd
53558 $1,730$2,260
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for McFarland when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Dane County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for McFarland or Dane County. The ones below are statewide in Wisconsin: they work in McFarland the same as in the rest of the state.
Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
$7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
No legal help resource on our list is for McFarland or Dane County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for McFarland and all of Dane County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in McFarland?
The typical home value in McFarland is $390,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Dane County it is $394,800.
How much does it cost to rent in McFarland?
Typical rent in McFarland is $1,458 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Dane County is $1,565.
What is the FHA loan limit in McFarland?
McFarland uses the FHA limit for all of Dane County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in McFarland?
The typical homeowner in McFarland pays $6,253 a year, according to the U.S. Census Bureau. That is 1.6% of the home’s value; in Dane County, the rate is 1.63%.
Where can I find free help to buy or rent in McFarland?
There are 3 HUD-approved counseling agencies with an office in Dane County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
