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These days, finding an affordable place to live in the Random Lake area can be challenging. Home prices in Random Lake are now at a median cost of $288,990, higher than the Wisconsin average of $280,373.
The average cost of rent is $917/mo in Random Lake, primarily driven by the current value of real estate in the Random Lake area. In Random Lake, 17.72% of households rent, and 37.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Random Lake is $7,723 per month. Households that rent pay about 11.87% of their income on rent here. Random Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gooseville, WI: equally priced homes
- Silver Creek, WI: higher priced homes
- Adell, WI: equally priced homes
- Fredonia, WI: equally priced homes
- Batavia, WI: less expensive homes
- Waubeka, WI: higher priced homes
- Hingham, WI: equally priced homes
- Cedar Grove, WI: equally priced homes
- Belgium, WI: equally priced homes
- Holy Cross, WI: higher priced homes
Cities with Similar Populations
- Carlton, MN: equally priced homes
- Richland, PA: less expensive homes
- Amboy, WA: higher priced homes
- Limington, ME: equally priced homes
- Madelia, MN: less expensive homes
- Manitou Beach, MI: less expensive homes
- McComb, OH: less expensive homes
- Mountainburg, AR: less expensive homes
- New Britain, PA: higher priced homes
- Pantego, TX: higher priced homes
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