The Most Affordable Neighborhoods in Ellison Bay, WI by Home Value

 

Ellison Bay, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ellison Bay area can be challenging. Home prices in Ellison Bay are now at a median cost of $375,400, higher than the Wisconsin average of $220,185.

The average cost of rent is $719/mo in Ellison Bay, primarily driven by the current value of real estate in the Ellison Bay area. While nearly 50.29% of residents own their homes outright in Ellison Bay, 10.20% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ellison Bay is $5,206 per month. Households that rent pay about 13.81% of their income on rent here. Ellison Bay's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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