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Affordable
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These days, finding an affordable place to live in the Marengo area can be challenging. Home prices in Marengo are now at a median cost of $176,735, lower than the Wisconsin average of $280,373.
The average cost of rent is $760/mo in Marengo, primarily driven by the current value of real estate in the Marengo area. In Marengo, 14.26% of households rent, and 44.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marengo is $6,088 per month. Households that rent pay about 12.48% of their income on rent here. Marengo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Minersville, WI: equally priced homes
- High Bridge, WI: less expensive homes
- Sanborn, WI: higher priced homes
- Barksdale, WI: higher priced homes
- Mellen, WI: less expensive homes
- Morse, WI: less expensive homes
- Mason, WI: higher priced homes
- Ashland, WI: equally priced homes
- Grand View, WI: higher priced homes
- Ashland Junction, WI: higher priced homes
Cities with Similar Populations
- New Kingstown, PA: higher priced homes
- Rewey, WI: equally priced homes
- Republican, AR: higher priced homes
- Reno, GA: less expensive homes
- Reily, OH: higher priced homes
- Redvale, CO: higher priced homes
- Pinehurst, SC: less expensive homes
- New Trier, MN: higher priced homes
- New Site, AL: less expensive homes
- New Light, LA: less expensive homes
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