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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 $583,795, higher than the Wisconsin average of $280,373.
The average cost of rent is $2,136/mo in Merton, primarily driven by the current value of real estate in the Merton area. In Merton, 3.28% of households rent, and 27.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merton is $14,096 per month. Households that rent pay about 15.15% of their income on rent here. Merton’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced 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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