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These days, finding an affordable place to live in the Amherst area can be challenging. Home prices in Amherst are now at a median cost of $275,547, lower than the Wisconsin average of $280,373.
The average cost of rent is $962/mo in Amherst, primarily driven by the current value of real estate in the Amherst area. In Amherst, 14.23% of households rent, and 43.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Amherst is $6,981 per month. Households that rent pay about 13.78% of their income on rent here. Amherst’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Amherst Junction, WI: equally priced homes
- Nelsonville, WI: equally priced homes
- Sheridan, WI: less expensive homes
- Blaine, WI: less expensive homes
- Keene, WI: equally priced homes
- King, WI: equally priced homes
- Scandinavia, WI: less expensive homes
- Garfield, WI: higher priced homes
- Custer, WI: higher priced homes
- Peru, WI: higher priced homes
Cities with Similar Populations
- Rosemary Bch, FL: higher priced homes
- Maypearl, TX: higher priced homes
- Aspinwall, PA: higher priced homes
- Ackerman, MS: less expensive homes
- Taylor, AL: less expensive homes
- Mart, TX: less expensive homes
- Hallam, PA: less expensive homes
- Patton, PA: less expensive homes
- Plattsburg, MO: less expensive homes
- Warm Springs, OR: less expensive homes
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