The Most Affordable Neighborhoods in Old North Milwaukee, Milwaukee, WI by Home Value

 

Old North Milwaukee, Milwaukee, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old North Milwaukee area can be challenging. Home prices in Old North Milwaukee are now at a median cost of $103,638, lower than the Milwaukee average of $304,601.

The average cost of rent is $1,094/mo in Old North Milwaukee, primarily driven by the current value of real estate in the Old North Milwaukee area. In Old North Milwaukee, 67.70% of households rent, and 35.63% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Old North Milwaukee is $3,301 per month. Households that rent pay about 33.14% of their income on rent here. Old North Milwaukee’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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