The Most Affordable Neighborhoods in Random Lake, WI by Home Value

 

Random Lake, WI Map of Most Affordable Neighborhoods
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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 $202,393, lower than the Wisconsin average of $220,185.

The average cost of rent is $773/mo in Random Lake, primarily driven by the current value of real estate in the Random Lake area. While nearly 37.42% of residents own their homes outright in Random Lake, 20.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in Random Lake is $6,267 per month. Households that rent pay about 12.33% of their income on rent here. Random Lake's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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