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These days, finding an affordable place to live in the Rochester area can be challenging. Home prices in Rochester are now at a median cost of $382,709, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,005/mo in Rochester, primarily driven by the current value of real estate in the Rochester area. In Rochester, 23.56% of households rent, and 32.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rochester is $8,408 per month. Households that rent pay about 11.95% of their income on rent here. Rochester’s most expensive areas are in the eastern 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
- Waterford, WI: equally priced homes
- Tichigan, WI: higher priced homes
- Honey Lake, WI: equally priced homes
- Burlington, WI: less expensive homes
- Eagle Lake Manor, WI: less expensive homes
- Lake Beulah, WI: equally priced homes
- Kansasville, WI: equally priced homes
- Potter Lake, WI: equally priced homes
- Wind Lake, WI: equally priced homes
- Lyons, WI: higher priced homes
Cities with Similar Populations
- Los Molinos, CA: less expensive homes
- Hemlock Farms, PA: less expensive homes
- Meeker, OK: less expensive homes
- Gowanda, NY: less expensive homes
- Elmira Heights, NY: less expensive homes
- Suquamish, WA: higher priced homes
- Normandy, MO: less expensive homes
- Kevil, KY: less expensive homes
- Horse Shoe, NC: equally priced homes
- Golf Manor, OH: less expensive homes
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