Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Morgandale area can be challenging. Home prices in Morgandale are now at a median cost of $179,898, lower than the Milwaukee average of $304,601.
The average cost of rent is $996/mo in Morgandale, primarily driven by the current value of real estate in the Morgandale area. In Morgandale, 34.63% of households rent, and 30.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgandale is $5,615 per month. Households that rent pay about 17.74% of their income on rent here. Morgandale’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Polonia, Milwaukee, WI: less expensive homes
- Southpoint, Milwaukee, WI: higher priced homes
- Wilson Park, Milwaukee, WI: less expensive homes
- Lincoln Village, Milwaukee, WI: less expensive homes
- Forest Home Hills, Milwaukee, WI: less expensive homes
- Town of Lake, Milwaukee, WI: higher priced homes
- Tippecanoe, Milwaukee, WI: higher priced homes
- Layton Park, Milwaukee, WI: less expensive homes
- Castle Manor, Milwaukee, WI: higher priced homes
- Bay View, Milwaukee, WI: higher priced homes
Neighborhoods with Similar Populations
- Beverly, Toledo, OH: less expensive homes
- Mt Vernon Square, Washington, DC: higher priced homes
- Broadmeadow Brook, Worcester, MA: higher priced homes
- Southside, Easton, PA: higher priced homes
- Victoria, Riverside, CA: higher priced homes
- Walker, Maywood, CA: higher priced homes
- Westside Community Betterment, Springfield, MO: less expensive homes
- Windsor Park, Austin, TX: higher priced homes
- Iowa State University, Ames, IA: higher priced homes
- Belmont, Dayton, OH: less expensive homes
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