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Affordable
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These days, finding an affordable place to live in the Phelps area can be challenging. Home prices in Phelps are now at a median cost of $289,122, higher than the Wisconsin average of $280,373.
The average cost of rent is $648/mo in Phelps, primarily driven by the current value of real estate in the Phelps area. In Phelps, 8.85% of households rent, and 52.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phelps is $5,791 per month. Households that rent pay about 11.19% of their income on rent here. Phelps’s most expensive areas are in the southern 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
- Conover, WI: less expensive homes
- Eagle River, WI: equally priced homes
- Land O' Lakes, WI: less expensive homes
- Beechwood, MI: less expensive homes
- Watersmeet, MI: less expensive homes
- Three Lakes, WI: equally priced homes
- Star Lake, WI: higher priced homes
- Mineral Hills, MI: less expensive homes
- Long Lake, WI: less expensive homes
- Sugar Camp, WI: equally priced homes
Cities with Similar Populations
- Hemingford, NE: less expensive homes
- Sampit, SC: less expensive homes
- Laurel Springs, NC: less expensive homes
- Killian, SC: equally priced homes
- Johnson City, OR: higher priced homes
- Almond, WI: less expensive homes
- Hubbard, MN: less expensive homes
- Houlka, MS: less expensive homes
- Hornbeak, TN: less expensive homes
- Hopedale, OH: less expensive homes
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