
Expensive
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These days, finding an affordable place to live in the Downer Woods area can be challenging. Home prices in Downer Woods are now at a median cost of $390,701, higher than the Milwaukee average of $243,883.
The average cost of rent is $1,511/mo in Downer Woods, primarily driven by the current value of real estate in the Downer Woods area. While nearly 26.40% of residents own their homes outright in Downer Woods, 41.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downer Woods is $9,333 per month. Households that rent pay about 16.19% of their income on rent here. Downer Woods's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Upper East Side, Milwaukee, WI: less expensive homes
- Murray Hill, Milwaukee, WI: less expensive homes
- Riverwest, Milwaukee, WI: less expensive homes
- Northpoint, Milwaukee, WI: less expensive homes
- Harambee, Milwaukee, WI: less expensive homes
- Lower East Side, Milwaukee, WI: less expensive homes
- Borchert Field, Milwaukee, WI: less expensive homes
- Yankee Hill, Milwaukee, WI: equally priced homes
- Arlington Heights, Milwaukee, WI: less expensive homes
- North Division, Milwaukee, WI: less expensive homes
Neighborhoods with Similar Populations
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- Berg-Lasher, Detroit, MI: less expensive homes
- McClellan Park, Madison, WI: less expensive homes
- Midtown, Tucson, AZ: less expensive homes
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- Myers, Tucson, AZ: less expensive homes
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