City · 8,547 residents · Sheboygan County, Wisconsin
Sheboygan Falls, Wisconsin
In Sheboygan Falls, a typical home is worth $217,500 and typical rent is $883 a month. Compared with all of Sheboygan County, the typical home value is 7% lower and typical rent is 5% lower.
Typical home value from Zillow, September 2021 to September 2026: from $242,320 to $337,865.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Sheboygan Falls is in Sheboygan 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 Sheboygan County. See the county
What this place has that others do not, from public data, most unusual first.
1
Sheboygan Falls has the 4th smallest share of rent-burdened renters of the 141 cities in Wisconsin with more than 5,000 people (27%).
2
Nearby, in Manitowoc, the typical home value is $160,700: 26% less than in Sheboygan Falls ($217,500).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Sheboygan Falls
What homes there are in Sheboygan Falls, 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
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Kind of home: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Detached house
59%
67%
66%
61%
Attached house
Unreliable estimate
4%
4%
6%
Building of 2 to 4
10%
12%
9%
8%
Apartments (5 or more)
20%
15%
17%
19%
Mobile home
8%
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Sheboygan Falls, but it weighs less than in Sheboygan County: 59% against 67%.
There are more mobile homes here than in Sheboygan County: 8% of homes, against 2%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Year built: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Before 1960
35%
41%
33%
26%
1960–1979
16%
23%
24%
24%
1980–1999
26%
20%
22%
25%
2000–2009
15%
9%
13%
14%
2010 or later
9%
6%
9%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K11%
$100K–$200K33%
$200K–$300K29%
$300K–$500K22%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Under $100K
11%
$100K–$200K
33%
$200K–$300K
29%
$300K–$500K
22%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 96% of owner-occupied homes in Sheboygan Falls sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99959%
$1,000–$1,49935%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Under $500
Unreliable estimate
$500–$999
59%
$1,000–$1,499
35%
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,271 a month
Sheboygan County: $1,448 a month
Without a mortgage
$551 a month
Sheboygan County: $584 a month
Owners with a mortgage
59%
Sheboygan County: 59%
In Sheboygan Falls, 59% of owners have a mortgage, and their typical cost is $1,271 a month, against $1,448 in Sheboygan County. Without one it drops to $551.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Sheboygan Falls+48%
Sheboygan County+46%
Wisconsin+48%
United States+53%
Typical rent
Sheboygan Falls+16%
Sheboygan County+29%
Wisconsin+27%
United States+33%
Typical household income
Sheboygan Falls+24%
Sheboygan County+20%
Wisconsin+26%
United States+29%
Change since 2015–2019: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Typical home value
+48%
+46%
+48%
+53%
Typical rent
+16%
+29%
+27%
+33%
Typical household income
+24%
+20%
+26%
+29%
From 2015–2019 to 2020–2024, home values in Sheboygan Falls rose at about the same pace as in Sheboygan County: 48% against 46%.
The typical rent in Sheboygan Falls rose 16% over the same time; in Sheboygan County, it rose 29%.
While home values in Sheboygan Falls changed +48% and rent +16%, the typical household income rose 24%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Sheboygan Falls and its comparisons
Measure
Sheboygan Falls
Sheboygan County
Wisconsin
United States
Rental vacancy
Unreliable estimate
4.2%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.5%
0.9%
More than one person per room
Unreliable estimate
1.5%
1.7%
3.4%
People per household
2.18
2.31
2.33
2.53
Drive alone
70%
77%
74%
69%
Carpool
Unreliable estimate
9%
7%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
3%
3%
3%
Work from home
13%
11%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
Fewer people live in each home here: 2.18 on average, against 2.31 in Sheboygan County.
The car rules in Sheboygan Falls: 70% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Sheboygan Falls?
A typical home is tight for the typical income
We start with a typical home in Sheboygan Falls, worth $217,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Sheboygan Falls, which is $71,477 a year. For that payment to be 28% of income, a household would need to earn about $81,894 a year.
The calculator's FHA and conventional loan limits are those of all of Sheboygan 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 Sheboygan Falls. 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 $7,613 (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
$1,911
at 7.18% · 30 years
Loan amount
$213,560
Total interest
$307,263
Paid off in
November 2056
Includes $3,673 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,668 a month
Tight
$1,668 to $2,144 a month
Your payment · 32%
Hard
more than $2,144 a month
Compared with the typical household income in Sheboygan Falls ($71,477 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,447
Property tax
$277
Home insurance
$91
FHA mortgage insurance (MIP)
$96
You need at least $7,613 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 $1,911; principal and interest $1,447.
The city and its county
Sheboygan Falls and Sheboygan County
Sheboygan Falls is in Sheboygan 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).
Sheboygan Falls
Map of Sheboygan County, Wisconsin, with Sheboygan Falls marked. Around it, the neighboring counties.
Sheboygan Falls
Sheboygan County
Other cities with a page
Sheboygan Falls's own numbers
Typical home value
$217,500
Typical monthly rent
$883
Typical yearly household income
$71,477
Households that own their home
68%
Effective property tax rate
1.53%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Sheboygan County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,168
Price change over 5 years (FHFA)
+65%
Homes in a high flood-risk zone
0.8%
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 Sheboygan County.
A typical home in Sheboygan Falls is worth $217,500: 7% below the county and 18% below Wisconsin. With the typical household income in Sheboygan Falls ($71,477 a year), a typical home costs 3.0 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.
Sheboygan Falls3.0 years
Sheboygan3.2 years
Wisconsin3.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Sheboygan County
According to FHFA’s house price index, home prices in Sheboygan County rose 110% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Sheboygan County.
Yearly change in FHFA’s price index in Sheboygan County, 2016 to 2025
2016: +4.5% +4.5% 2016
2017: +6.0% +6.0% 2017
2018: +6.7% +6.7% 2018
2019: +5.3% +5.3% 2019
2020: +2.5% +2.5% 2020
2021: +10.3% +10.3% 2021
2022: +14.4% +14.4% 2022
2023: +14.0% +14.0% 2023
2024: +7.4% +7.4% 2024
2025: +6.6% +6.6% 2025
Change in FHFA’s price index in Sheboygan County, Wisconsin and the United States
Period
County
Wisconsin
U.S.
Last year (2025)
+6.6%
+5.4%
+2.9%
5 years (2020–2025)
+65%
+57%
+47%
10 years (2015–2025)
+110%
+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
Sheboygan Falls next to Sheboygan 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
Sheboygan Falls$217,500
Sheboygan$232,700
Wisconsin$266,500
United States$332,700
Typical monthly rent
Sheboygan Falls$883
Sheboygan$934
Wisconsin$1,087
United States$1,413
Typical yearly household income
Sheboygan Falls$71,477
Sheboygan$73,094
Wisconsin$77,485
United States$80,734
See the full table
Sheboygan Falls next to Sheboygan County and Wisconsin
Measure
Sheboygan Falls
Sheboygan County
Wisconsin
U.S.
Typical home value
$217,500 ▼7% below the county
$232,700
$266,500
$332,700
Typical monthly rent
$883 ▼5% below the county
$934
$1,087
$1,413
Typical yearly household income
$71,477 ▼2% below the county
$73,094
$77,485
$80,734
Households that own their home
68% ▼4 points below the county
71%
68%
65%
Typical yearly property tax
$3,328 ▲3% above the county
$3,236
$3,792
$3,119
Effective property tax rate
1.53% ▲0.14 points above the county
1.39%
1.42%
0.94%
Renters with high rent for their income
27% ▼7 points below the county
34%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Sheboygan 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 Sheboygan Falls
For a typical $217,500 home in Sheboygan Falls, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Sheboygan Falls's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,911a month
Least cash to close
Down payment
$7,613
Cash to close
$14,138
Rate
7.18%
Mortgage insurance
FHA MIP · $96
Conventional, 5% down$1,871a month
Down payment
$10,875
Cash to close
$17,400
Rate
7.18%
Mortgage insurance
PMI · $103
Conventional, 20% down, no PMI$1,547a month
Down payment
$43,500
Cash to close
$50,025
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,748a month
Down payment
$32,625
Cash to close
$39,150
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Sheboygan Falls
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,911
$7,613
$213,561
7.18%
FHA MIP · $96
$14,138
580
Conventional, 5% down
$1,871
$10,875
$206,625
7.18%
PMI · $103
$17,400
620*
Conventional, 20% down, no PMI
$1,547
$43,500
$174,000
7.18%
None
$50,025
620*
ITIN, 15% down (example)
$1,748
$32,625
$184,875
8.18%
None
$39,150
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 Sheboygan Falls is $883 a month: 5% below the county. In Sheboygan Falls, 27% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Sheboygan County, by unit size. To pay the 2-bedroom one ($1,168 a month) without spending more than 30% of your income, you would need to earn $22.46 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 Sheboygan County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$813
$15.63
$32,520
1 bedroom
$918
$17.65
$36,720
2 bedrooms
$1,168
$22.46
$46,720
3 bedrooms
$1,392
$26.77
$55,680
4 bedrooms
$1,575
$30.29
$63,000
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 Sheboygan Falls
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Sheboygan Falls is in ZIP code 53085.
For 2 bedrooms it is $1,100: $68 less than the fair market rent for Sheboygan County ($1,168).
Fair market rent by ZIP code and size in Sheboygan Falls, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
53085
$770
$860
$1,100
$1,310
$1,480
ZIP code2 bd3 bd
53085 $1,100$1,310
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Sheboygan Falls 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 is 1 HUD-approved agency with an office in Sheboygan County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Sheboygan Falls or Sheboygan County. The ones below are statewide in Wisconsin: they work in Sheboygan Falls 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).
The HUD-approved agencies closest to the center of Sheboygan Falls, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Sheboygan Falls or Sheboygan 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 Sheboygan Falls and all of Sheboygan 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 Sheboygan Falls?
The typical home value in Sheboygan Falls is $217,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Sheboygan County it is $232,700.
How much does it cost to rent in Sheboygan Falls?
Typical rent in Sheboygan Falls is $883 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Sheboygan County is $1,168.
What is the FHA loan limit in Sheboygan Falls?
Sheboygan Falls uses the FHA limit for all of Sheboygan 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 Sheboygan Falls?
The typical homeowner in Sheboygan Falls pays $3,328 a year, according to the U.S. Census Bureau. That is 1.53% of the home’s value; in Sheboygan County, the rate is 1.39%.
Where can I find free help to buy or rent in Sheboygan Falls?
There is 1 HUD-approved counseling agency with an office in Sheboygan County. They can help you get ready to buy, with your credit, or with rent.
