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These days, finding an affordable place to live in the Dane area can be challenging. Home prices in Dane are now at a median cost of $411,521, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,002/mo in Dane, primarily driven by the current value of real estate in the Dane area. In Dane, 23.20% of households rent, and 34.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dane is $8,874 per month. Households that rent pay about 11.29% of their income on rent here. Dane’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Springfield Corners, WI: higher priced homes
- Waunakee, WI: higher priced homes
- Norway Grove, WI: higher priced homes
- Martinsville, WI: higher priced homes
- Ashton Corners, WI: equally priced homes
- Lodi, WI: equally priced homes
- Roxbury, WI: equally priced homes
- Morrisonville, WI: equally priced homes
- DeForest, WI: equally priced homes
- Windsor, WI: equally priced homes
Cities with Similar Populations
- Avella, PA: less expensive homes
- Superior, AZ: less expensive homes
- Cherry Valley, MA: equally priced homes
- Westmorland, CA: less expensive homes
- Dansville, MI: less expensive homes
- Ronda, NC: less expensive homes
- Reedsville, WV: less expensive homes
- Olton, TX: less expensive homes
- Slayton, MN: less expensive homes
- Strafford, NH: equally priced homes
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