Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merton area can be challenging. Home prices in Merton are now at a median cost of $446,829, higher than the Wisconsin average of $220,185.
The average cost of rent is $972/mo in Merton, primarily driven by the current value of real estate in the Merton area. While nearly 30.02% of residents own their homes outright in Merton, 5.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merton is $12,697 per month. Households that rent pay about 7.66% of their income on rent here. Merton's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hartland, WI: less expensive homes
- Chenequa, WI: higher priced homes
- Sussex, WI: less expensive homes
- Monches, WI: less expensive homes
- Colgate, WI: less expensive homes
- Pewaukee, WI: less expensive homes
- Nashotah, WI: less expensive homes
- Okauchee Lake, WI: less expensive homes
- Okauchee, WI: less expensive homes
- Lannon, WI: less expensive homes
Cities with Similar Populations
- Ellsworth, KS: less expensive homes
- Santa Maria, PR: less expensive homes
- Montegut, LA: less expensive homes
- Mulino, OR: higher priced homes
- Pewee Valley, KY: less expensive homes
- Philippi, WV: less expensive homes
- Pineville, KY: less expensive homes
- Princeton, LA: less expensive homes
- Remington, VA: less expensive homes
- Runaway Bay, TX: less expensive homes
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