The Most Affordable Neighborhoods in Mellen, WI by Home Value

 

Mellen, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mellen area can be challenging. Home prices in Mellen are now at a median cost of $104,660, lower than the Wisconsin average of $220,185.

The average cost of rent is $584/mo in Mellen, primarily driven by the current value of real estate in the Mellen area. While nearly 53.73% of residents own their homes outright in Mellen, 15.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mellen is $4,031 per month. Households that rent pay about 14.50% of their income on rent here. Mellen's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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