The Most Affordable Neighborhoods in Moorland-Rimrock, Madison, WI by Home Value

 

Moorland-Rimrock, Madison, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Moorland-Rimrock area can be challenging. Home prices in Moorland-Rimrock are now at a median cost of $264,243, lower than the Madison average of $391,127.

The average cost of rent is $1,264/mo in Moorland-Rimrock, primarily driven by the current value of real estate in the Moorland-Rimrock area. In Moorland-Rimrock, 47.17% of households rent, and 25.35% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Moorland-Rimrock is $5,656 per month. Households that rent pay about 22.35% of their income on rent here. Moorland-Rimrock’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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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