
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 $491,013, higher than the Milwaukee average of $304,601.
The average cost of rent is $1,689/mo in Downer Woods, primarily driven by the current value of real estate in the Downer Woods area. In Downer Woods, 43.72% of households rent, and 40.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downer Woods is $7,258 per month. Households that rent pay about 23.27% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Upper East Side, Milwaukee, WI: equally priced homes
- Murray Hill, Milwaukee, WI: less expensive homes
- Riverwest, Milwaukee, WI: less expensive homes
- Northpoint, Milwaukee, WI: equally priced 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: less expensive homes
- Arlington Heights, Milwaukee, WI: less expensive homes
- North Division, Milwaukee, WI: less expensive homes
Neighborhoods with Similar Populations
- West Rock, New Haven, CT: less expensive homes
- Aspen Ridge, Indianapolis, IN: less expensive homes
- Provo South, Provo, UT: equally priced homes
- Meador Park, Springfield, MO: less expensive homes
- Upper Land Park, Sacramento, CA: higher priced homes
- Berg-Lasher, Detroit, MI: less expensive homes
- McClellan Park, Madison, WI: less expensive homes
- Midtown, Tucson, AZ: less expensive homes
- Alta Vista-Waco, Waco, TX: less expensive homes
- Myers, Tucson, AZ: less expensive homes
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