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These days, finding an affordable place to live in the Reserve area can be challenging. Home prices in Reserve are now at a median cost of $248,139, lower than the Wisconsin average of $280,373.
The average cost of rent is $509/mo in Reserve, primarily driven by the current value of real estate in the Reserve area. In Reserve, 28.23% of households rent, and 64.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reserve is $3,538 per month. Households that rent pay about 14.39% of their income on rent here. Reserve’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chief Lake, WI: less expensive homes
- Couderay, WI: equally priced homes
- Northwoods Beach, WI: higher priced homes
- Stone Lake, WI: higher priced homes
- Hayward, WI: equally priced homes
- Radisson, WI: less expensive homes
- Edgewater, WI: higher priced homes
- Phipps, WI: equally priced homes
- Stanberry, WI: equally priced homes
- Weirgor, WI: less expensive homes
Cities with Similar Populations
- Perma, MT: higher priced homes
- Peterpender, AR: less expensive homes
- Petaca, NM: higher priced homes
- Peru, OH: less expensive homes
- Perth, KS: less expensive homes
- Pershing, MO: less expensive homes
- Perryville, NY: less expensive homes
- Perry City, NY: equally priced homes
- Perrine, FL: higher priced homes
- Phillipstown, MS: less expensive homes
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