The Most Affordable Neighborhoods in New Prospect, WI by Home Value

 

New Prospect, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Prospect area can be challenging. Home prices in New Prospect are now at a median cost of $230,627, higher than the Wisconsin average of $220,185.

The average cost of rent is $1,129/mo in New Prospect, primarily driven by the current value of real estate in the New Prospect area. While nearly 36.30% of residents own their homes outright in New Prospect, 9.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Prospect is $7,162 per month. Households that rent pay about 15.76% of their income on rent here. New Prospect's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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