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Affordable
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These days, finding an affordable place to live in the Morgan area can be challenging. Home prices in Morgan are now at a median cost of $150,833, lower than the Wisconsin average of $280,373.
The average cost of rent is $605/mo in Morgan, primarily driven by the current value of real estate in the Morgan area. In Morgan, 18.77% of households rent, and 53.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgan is $5,250 per month. Households that rent pay about 11.53% of their income on rent here. Morgan’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gresham, WI: equally priced homes
- Lyndhurst, WI: equally priced homes
- Middle Village, WI: higher priced homes
- Neopit, WI: less expensive homes
- Bowler, WI: less expensive homes
- Tilleda, WI: less expensive homes
- Keshena Falls, WI: less expensive homes
- Red River, WI: higher priced homes
- Leopolis, WI: equally priced homes
- Thornton, WI: higher priced homes
Cities with Similar Populations
- Gonyon, VA: higher priced homes
- Windsor, NJ: higher priced homes
- Hansen, NE: higher priced homes
- Hallie, WI: higher priced homes
- Greenwood, NY: less expensive homes
- Greenwald, MN: higher priced homes
- Grass Range, MT: higher priced homes
- Grand River, OH: higher priced homes
- Gotha, MN: higher priced homes
- Goodwater, OK: less expensive homes
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