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These days, finding an affordable place to live in the Germantown area can be challenging. Home prices in Germantown are now at a median cost of $355,954, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,555/mo in Germantown, primarily driven by the current value of real estate in the Germantown area. In Germantown, 22.99% of households rent, and 33.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Germantown is $8,751 per month. Households that rent pay about 17.78% of their income on rent here. Germantown’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Menomonee Falls, WI: equally priced homes
- Lannon, WI: equally priced homes
- Kirchhayn, WI: equally priced homes
- Richfield, WI: higher priced homes
- Hubertus, WI: higher priced homes
- Colgate, WI: higher priced homes
- Thiensville, WI: equally priced homes
- Brown Deer, WI: less expensive homes
- Jackson, WI: equally priced homes
- Sussex, WI: higher priced homes
Cities with Similar Populations
- Cheney, WA: higher priced homes
- Coldwater, MI: less expensive homes
- Clive, IA: higher priced homes
- Cleveland, GA: less expensive homes
- Clarksville, IN: less expensive homes
- Clarksburg, WV: less expensive homes
- Clarks Summit, PA: less expensive homes
- Choctaw, OK: less expensive homes
- Cherry Hill, NJ: equally priced homes
- Columbia City, IN: less expensive homes
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