The Most Affordable Neighborhoods in Menomonee Falls, WI by Home Value

 

Menomonee Falls, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Menomonee Falls area can be challenging. Home prices in Menomonee Falls are now at a median cost of $291,524, higher than the Wisconsin average of $220,185.

The average cost of rent is $1,367/mo in Menomonee Falls, primarily driven by the current value of real estate in the Menomonee Falls area. While nearly 33.01% of residents own their homes outright in Menomonee Falls, 22.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Menomonee Falls is $8,273 per month. Households that rent pay about 16.52% of their income on rent here. Menomonee Falls's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.


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