The Most Affordable Neighborhoods in Lower East Side, Milwaukee, WI by Home Value

 

Lower East Side, Milwaukee, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower East Side area can be challenging. Home prices in Lower East Side are now at a median cost of $367,536, higher than the Milwaukee average of $304,601.

The average cost of rent is $1,336/mo in Lower East Side, primarily driven by the current value of real estate in the Lower East Side area. In Lower East Side, 80.16% of households rent, and 35.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lower East Side is $5,582 per month. Households that rent pay about 23.94% of their income on rent here. Lower East Side’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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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