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These days, finding an affordable place to live in the Delavan Lake area can be challenging. Home prices in Delavan Lake are now at a median cost of $345,363, higher than the Wisconsin average of $280,373.
The average cost of rent is $921/mo in Delavan Lake, primarily driven by the current value of real estate in the Delavan Lake area. In Delavan Lake, 13.29% of households rent, and 38.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Delavan Lake is $8,142 per month. Households that rent pay about 11.32% of their income on rent here. Delavan Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Delavan, WI: less expensive homes
- Inlet, WI: less expensive homes
- Williams Bay, WI: higher priced homes
- Fontana-on-Geneva Lake, WI: higher priced homes
- Walworth, WI: equally priced homes
- Darien, WI: less expensive homes
- Fontana, WI: higher priced homes
- Como, WI: equally priced homes
- Fairfield, WI: less expensive homes
- Linton, WI: higher priced homes
Cities with Similar Populations
- Jane Lew, WV: less expensive homes
- York, AL: less expensive homes
- Washington Grove, MD: higher priced homes
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- Stanfield, OR: less expensive homes
- Spring Valley, WI: less expensive homes
- Milan, MO: less expensive homes
- Kapaau, HI: higher priced homes
- Adrian, MO: less expensive homes
- Inez, TX: less expensive homes
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