The Most Affordable Neighborhoods in Hill Farms-University Neighborh, Madison, WI by Home Value

 

Hill Farms-University Neighborh, Madison, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hill Farms-University Neighborh area can be challenging. Home prices in Hill Farms-University Neighborh are now at a median cost of $384,608, higher than the Madison average of $304,464.

The average cost of rent is $1,457/mo in Hill Farms-University Neighborh, primarily driven by the current value of real estate in the Hill Farms-University Neighborh area. While nearly 43.15% of residents own their homes outright in Hill Farms-University Neighborh, 36.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hill Farms-University Neighborh is $8,314 per month. Households that rent pay about 17.52% of their income on rent here. Hill Farms-University Neighborh's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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