The Most Affordable Neighborhoods in Menomonee River Hills, Milwaukee, WI by Home Value

 

Menomonee River Hills, Milwaukee, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Menomonee River Hills area can be challenging. Home prices in Menomonee River Hills are now at a median cost of $180,277, lower than the Milwaukee average of $304,601.

The average cost of rent is $1,021/mo in Menomonee River Hills, primarily driven by the current value of real estate in the Menomonee River Hills area. In Menomonee River Hills, 44.03% of households rent, and 28.07% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Menomonee River Hills is $6,295 per month. Households that rent pay about 16.23% of their income on rent here. Menomonee River Hills’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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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