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Affordable
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These days, finding an affordable place to live in the Institute area can be challenging. Home prices in Institute are now at a median cost of $398,322, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,245/mo in Institute, primarily driven by the current value of real estate in the Institute area. In Institute, 9.44% of households rent, and 48.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Institute is $6,993 per month. Households that rent pay about 17.81% of their income on rent here. Institute’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valmy, WI: higher priced homes
- Sturgeon Bay, WI: less expensive homes
- Idlewild, WI: equally priced homes
- Jacksonport, WI: equally priced homes
- Egg Harbor, WI: equally priced homes
- Vignes, WI: less expensive homes
- Baileys Harbor, WI: equally priced homes
- Forestville, WI: less expensive homes
- Fish Creek, WI: higher priced homes
- Little Sturgeon, WI: less expensive homes
Cities with Similar Populations
- Cedar Hill, NM: less expensive homes
- Silvertop, TN: less expensive homes
- Royal, IA: less expensive homes
- Rising Sun, MS: less expensive homes
- Deemston, PA: less expensive homes
- Colwell, IA: less expensive homes
- Cobb, OK: less expensive homes
- Clifford, NY: less expensive homes
- Chadwick, MO: less expensive homes
- Centerville, VA: higher priced homes
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