Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oconomowoc area can be challenging. Home prices in Oconomowoc are now at a median cost of $369,553, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,146/mo in Oconomowoc, primarily driven by the current value of real estate in the Oconomowoc area. While nearly 32.30% of residents own their homes outright in Oconomowoc, 20.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oconomowoc is $9,034 per month. Households that rent pay about 12.68% of their income on rent here. Oconomowoc's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Oconomowoc Lake, WI: higher priced homes
- Okauchee, WI: equally priced homes
- Summit Corners, WI: higher priced homes
- Okauchee Lake, WI: equally priced homes
- Lac La Belle, WI: equally priced homes
- Nashotah, WI: equally priced homes
- Monterey, WI: equally priced homes
- Mapleton, WI: equally priced homes
- Chenequa, WI: higher priced homes
- Delafield, WI: higher priced homes
Cities with Similar Populations
- El Paso de Robles, CA: higher priced homes
- Eustis, FL: less expensive homes
- Savage, MN: equally priced homes
- Henderson, KY: less expensive homes
- Corozal, PR: less expensive homes
- Southlake, TX: higher priced homes
- Laplace, LA: less expensive homes
- Seaside, CA: higher priced homes
- Rochester, NH: less expensive homes
- Warsaw, IN: less expensive homes
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