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These days, finding an affordable place to live in the Rib Lake area can be challenging. Home prices in Rib Lake are now at a median cost of $154,306, lower than the Wisconsin average of $280,373.
The average cost of rent is $808/mo in Rib Lake, primarily driven by the current value of real estate in the Rib Lake area. In Rib Lake, 19.47% of households rent, and 49.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rib Lake is $5,291 per month. Households that rent pay about 15.27% of their income on rent here. Rib 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
- Chelsea, WI: higher priced homes
- Westboro, WI: equally priced homes
- Whittlesey, WI: higher priced homes
- Spirit, WI: higher priced homes
- Ogema, WI: equally priced homes
- Medford, WI: higher priced homes
- Hannibal, WI: higher priced homes
- Little Black, WI: higher priced homes
- Spirit Falls, WI: higher priced homes
- Prentice, WI: equally priced homes
Cities with Similar Populations
- Oakley, MI: equally priced homes
- Seaside Park, NJ: higher priced homes
- Sand Fork, WV: less expensive homes
- Salisbury, PA: equally priced homes
- Randolph, MS: equally priced homes
- Quitman, LA: equally priced homes
- Preston, MN: higher priced homes
- Polo, MO: higher priced homes
- Onset, MA: higher priced homes
- Ola, AR: less expensive homes
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