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These days, finding an affordable place to live in the 53118 area can be challenging. Home prices in 53118 are now at a median cost of $393,802, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,380/mo in 53118, primarily driven by the current value of real estate in the 53118 area. In 53118, 13.18% of households rent, and 31.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 53118 is $9,999 per month. Households that rent pay about 13.80% of their income on rent here. 53118’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 53153, WI: higher priced homes
- 53183, WI: higher priced homes
- 53127, WI: higher priced homes
- 53018, WI: higher priced homes
- 53178, WI: less expensive homes
- 53119, WI: higher priced homes
- 53156, WI: less expensive homes
- 53149, WI: equally priced homes
- 53137, WI: less expensive homes
- 53188, WI: less expensive homes
Zip Codes with Similar Populations
- 03042, NH: higher priced homes
- 06370, CT: less expensive homes
- 65084, MO: less expensive homes
- 49841, MI: less expensive homes
- 49930, MI: less expensive homes
- 50213, IA: less expensive homes
- 51041, IA: less expensive homes
- 51334, IA: less expensive homes
- 52537, IA: less expensive homes
- 53010, WI: less expensive homes
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