Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Mills area can be challenging. Home prices in Lake Mills are now at a median cost of $232,011, higher than the Wisconsin average of $220,185.
The average cost of rent is $951/mo in Lake Mills, primarily driven by the current value of real estate in the Lake Mills area. While nearly 38.67% of residents own their homes outright in Lake Mills, 26.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Mills is $5,920 per month. Households that rent pay about 16.07% of their income on rent here. Lake Mills's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Milford, WI: higher priced homes
- Jefferson Junction, WI: higher priced homes
- Johnson Creek, WI: equally priced homes
- London, WI: higher priced homes
- Grellton, WI: higher priced homes
- Jefferson, WI: less expensive homes
- Waterloo, WI: less expensive homes
- Cambridge, WI: equally priced homes
- Rockdale, WI: equally priced homes
- Portland, WI: equally priced homes
Cities with Similar Populations
- Richland Center, WI: less expensive homes
- Millis, MA: higher priced homes
- Mills River, NC: higher priced homes
- Millstadt, IL: equally priced homes
- Milltown, NJ: higher priced homes
- Milton, WV: less expensive homes
- Monee, IL: higher priced homes
- Quinton, VA: higher priced homes
- Quitman, GA: less expensive homes
- Raiford, FL: less expensive homes
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