The Most Affordable Neighborhoods in Downer Woods, Milwaukee, WI by Home Value

 

Downer Woods, Milwaukee, WI Map of Most Affordable Neighborhoods
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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.


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