Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Park West area can be challenging. Home prices in Park West are now at a median cost of $89,947, lower than the Milwaukee average of $304,601.
The average cost of rent is $1,010/mo in Park West, primarily driven by the current value of real estate in the Park West area. In Park West, 75.88% of households rent, and 62.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park West is $2,469 per month. Households that rent pay about 40.92% of their income on rent here. Park West’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North Division, Milwaukee, WI: higher priced homes
- Franklin Heights, Milwaukee, WI: equally priced homes
- Sherman Park, Milwaukee, WI: higher priced homes
- Borchert Field, Milwaukee, WI: less expensive homes
- Midtown, Milwaukee, WI: higher priced homes
- Arlington Heights, Milwaukee, WI: higher priced homes
- Washington Park, Milwaukee, WI: equally priced homes
- Roosevelt Grove, Milwaukee, WI: higher priced homes
- Harambee, Milwaukee, WI: higher priced homes
- Sunset Heights, Milwaukee, WI: higher priced homes
Neighborhoods with Similar Populations
- Derita-Statesville, Charlotte, NC: higher priced homes
- Ardmore, Winston-Salem, NC: higher priced homes
- Arlington, Jacksonville, FL: higher priced homes
- Atlantic City Inlet, Atlantic City, NJ: higher priced homes
- Woodcreek Oaks, Roseville, CA: higher priced homes
- Bank Square, Waltham, MA: higher priced homes
- Windom, Minneapolis, MN: higher priced homes
- Whitehouse, Jacksonville, FL: higher priced homes
- Cass Gilbert, Waterbury, CT: higher priced homes
- Downtown Lowell, Lowell, MA: higher priced homes
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