The Most Affordable Neighborhoods in Eagle River, WI by Home Value

 

Eagle River, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eagle River area can be challenging. Home prices in Eagle River are now at a median cost of $210,511, lower than the Wisconsin average of $220,185.

The average cost of rent is $880/mo in Eagle River, primarily driven by the current value of real estate in the Eagle River area. While nearly 47.60% of residents own their homes outright in Eagle River, 18.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Eagle River is $5,113 per month. Households that rent pay about 17.21% of their income on rent here. Eagle River's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.


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