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 $207,510, lower than the Madison average of $304,464.

The average cost of rent is $1,135/mo in Moorland-Rimrock, primarily driven by the current value of real estate in the Moorland-Rimrock area. While nearly 15.40% of residents own their homes outright in Moorland-Rimrock, 37.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Moorland-Rimrock is $5,193 per month. Households that rent pay about 21.86% of their income on rent here. Moorland-Rimrock's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.


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