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These days, finding an affordable place to live in the Niagara area can be challenging. Home prices in Niagara are now at a median cost of $132,404, lower than the Wisconsin average of $280,373.
The average cost of rent is $860/mo in Niagara, primarily driven by the current value of real estate in the Niagara area. In Niagara, 13.63% of households rent, and 51.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Niagara is $5,577 per month. Households that rent pay about 15.42% of their income on rent here. Niagara’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Quinnesec, MI: higher priced homes
- Kingsford, MI: equally priced homes
- Iron Mountain, MI: higher priced homes
- Norway, MI: equally priced homes
- Loretto, MI: higher priced homes
- Merriman, MI: higher priced homes
- Vulcan, MI: higher priced homes
- Spread Eagle, WI: higher priced homes
- Pembine, WI: higher priced homes
- Dunbar, WI: higher priced homes
Cities with Similar Populations
- Brooks, KY: higher priced homes
- Newbury, OH: higher priced homes
- New Stanton, PA: higher priced homes
- Lomira, WI: higher priced homes
- Litchfield, OH: higher priced homes
- Colliers, WV: higher priced homes
- Castalia, OH: higher priced homes
- Alamo, TN: higher priced homes
- Sparks, GA: higher priced homes
- Shelburne Falls, MA: higher priced homes
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