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

 

Fall River, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fall River area can be challenging. Home prices in Fall River are now at a median cost of $297,860, higher than the Wisconsin average of $280,373.

The average cost of rent is $1,174/mo in Fall River, primarily driven by the current value of real estate in the Fall River area. In Fall River, 25.75% of households rent, and 31.18% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fall River is $7,037 per month. Households that rent pay about 16.68% of their income on rent here. Fall River’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.

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


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