Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelican Lake area can be challenging. Home prices in Pelican Lake are now at a median cost of $203,383, lower than the Wisconsin average of $220,185.
The average cost of rent is $735/mo in Pelican Lake, primarily driven by the current value of real estate in the Pelican Lake area. While nearly 47.89% of residents own their homes outright in Pelican Lake, 23.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelican Lake is $3,826 per month. Households that rent pay about 19.22% of their income on rent here. Pelican Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Elcho, WI: less expensive homes
- Post Lake, WI: less expensive homes
- Jennings, WI: less expensive homes
- Summit Lake, WI: equally priced homes
- Parrish, WI: less expensive homes
- Starks, WI: less expensive homes
- Roosevelt, WI: less expensive homes
- Jeffris, WI: equally priced homes
- Mole Lake, WI: less expensive homes
- Pearson, WI: less expensive homes
Cities with Similar Populations
- Wendell, MA: equally priced homes
- Ewing, NE: less expensive homes
- Farber, MO: less expensive homes
- Farmington, GA: higher priced homes
- Finch, AR: equally priced homes
- Fir Villa, OR: higher priced homes
- Five Forks, KY: less expensive homes
- Foster, OR: higher priced homes
- Frohna, MO: less expensive homes
- West Point, TX: equally priced homes
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