The Most Affordable Neighborhoods in Norway Ridge, WI by Home Value

 

Norway Ridge, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Norway Ridge area can be challenging. Home prices in Norway Ridge are now at a median cost of $120,770, lower than the Wisconsin average of $220,185.

The average cost of rent is $793/mo in Norway Ridge, primarily driven by the current value of real estate in the Norway Ridge area. While nearly 49.81% of residents own their homes outright in Norway Ridge, 19.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Norway Ridge is $5,008 per month. Households that rent pay about 15.83% of their income on rent here. Norway Ridge's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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