The Most Affordable Neighborhoods in Historic Mitchell Street, Milwaukee, WI by Home Value

 

Historic Mitchell Street, Milwaukee, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Historic Mitchell Street area can be challenging. Home prices in Historic Mitchell Street are now at a median cost of $136,651, lower than the Milwaukee average of $304,601.

The average cost of rent is $938/mo in Historic Mitchell Street, primarily driven by the current value of real estate in the Historic Mitchell Street area. In Historic Mitchell Street, 75.74% of households rent, and 46.89% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Historic Mitchell Street is $3,531 per month. Households that rent pay about 26.57% of their income on rent here. Historic Mitchell Street’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

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


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