Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Algoma area can be challenging. Home prices in Algoma are now at a median cost of $146,389, lower than the Wisconsin average of $220,185.
The average cost of rent is $757/mo in Algoma, primarily driven by the current value of real estate in the Algoma area. While nearly 42.05% of residents own their homes outright in Algoma, 18.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Algoma is $5,354 per month. Households that rent pay about 14.15% of their income on rent here. Algoma's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Bruemmerville, WI: higher priced homes
- Rio Creek, WI: higher priced homes
- Euren, WI: higher priced homes
- Forestville, WI: higher priced homes
- Rosiere, WI: higher priced homes
- Rostok, WI: higher priced homes
- Casco, WI: higher priced homes
- Lincoln, WI: higher priced homes
- Vignes, WI: higher priced homes
- Kewaunee, WI: equally priced homes
Cities with Similar Populations
- Florence, TX: higher priced homes
- Tohatchi, NM: less expensive homes
- Cheltenham, PA: higher priced homes
- Gatlinburg, TN: higher priced homes
- Eighty Four, PA: higher priced homes
- Falmouth, KY: less expensive homes
- West Wareham, MA: higher priced homes
- East Petersburg, PA: higher priced homes
- American Falls, ID: higher priced homes
- Middletown, RI: higher priced homes
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