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Affordable
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These days, finding an affordable place to live in the Pell Lake area can be challenging. Home prices in Pell Lake are now at a median cost of $217,045, lower than the Wisconsin average of $280,373.
The average cost of rent is $1,190/mo in Pell Lake, primarily driven by the current value of real estate in the Pell Lake area. In Pell Lake, 14.57% of households rent, and 31.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pell Lake is $8,428 per month. Households that rent pay about 14.12% of their income on rent here. Pell Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Genoa City, WI: higher priced homes
- Powers Lake, WI: higher priced homes
- Slades Corner, WI: higher priced homes
- Zenda, WI: higher priced homes
- Lake Geneva, WI: higher priced homes
- Twin Lakes, WI: higher priced homes
- Springfield, WI: higher priced homes
- Richmond, IL: higher priced homes
- New Munster, WI: higher priced homes
- Hebron, IL: higher priced homes
Cities with Similar Populations
- Polkton, NC: equally priced homes
- Ferrum, VA: less expensive homes
- Monrovia, IN: higher priced homes
- San Joaquin, CA: higher priced homes
- Richmond, IL: higher priced homes
- Pride, LA: equally priced homes
- Prentiss, MS: less expensive homes
- Pottsville, AR: less expensive homes
- Plainview, MN: higher priced homes
- Sissonville, WV: less expensive homes
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