Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oconomowoc Lake area can be challenging. Home prices in Oconomowoc Lake are now at a median cost of $409,753, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,225/mo in Oconomowoc Lake, primarily driven by the current value of real estate in the Oconomowoc Lake area. While nearly 31.18% of residents own their homes outright in Oconomowoc Lake, 9.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oconomowoc Lake is $10,173 per month. Households that rent pay about 12.04% of their income on rent here. Oconomowoc Lake's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Okauchee, WI: less expensive homes
- Oconomowoc, WI: less expensive homes
- Okauchee Lake, WI: less expensive homes
- Nashotah, WI: equally priced homes
- Summit Corners, WI: higher priced homes
- Lac La Belle, WI: less expensive homes
- Chenequa, WI: higher priced homes
- Delafield, WI: equally priced homes
- Mapleton, WI: less expensive homes
- Monterey, WI: less expensive homes
Cities with Similar Populations
- Geronimo, TX: less expensive homes
- Searsmont, ME: less expensive homes
- Scenic, AZ: less expensive homes
- Sandhill, MS: less expensive homes
- Sanders, KY: less expensive homes
- Hampden-Sydney, VA: less expensive homes
- Gwinner, ND: less expensive homes
- Gorman, TX: less expensive homes
- Glorieta, NM: less expensive homes
- Snowden, NC: less expensive homes
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