The Most Affordable Neighborhoods in Dudgeon-Monroe, Madison, WI by Home Value

 

Dudgeon-Monroe, Madison, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Dudgeon-Monroe area can be challenging. Home prices in Dudgeon-Monroe are now at a median cost of $546,677, higher than the Madison average of $391,127.

The average cost of rent is $1,615/mo in Dudgeon-Monroe, primarily driven by the current value of real estate in the Dudgeon-Monroe area. In Dudgeon-Monroe, 33.29% of households rent, and 42.18% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Dudgeon-Monroe is $11,050 per month. Households that rent pay about 14.61% of their income on rent here. Dudgeon-Monroe’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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