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These days, finding an affordable place to live in the Shell Lake area can be challenging. Home prices in Shell Lake are now at a median cost of $234,411, lower than the Wisconsin average of $280,373.
The average cost of rent is $751/mo in Shell Lake, primarily driven by the current value of real estate in the Shell Lake area. In Shell Lake, 14.83% of households rent, and 48.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shell Lake is $5,898 per month. Households that rent pay about 12.73% of their income on rent here. Shell Lake’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spooner, WI: less expensive homes
- Barronett, WI: higher priced homes
- Hertel, WI: higher priced homes
- Sarona, WI: higher priced homes
- Indian Creek, WI: equally priced homes
- Haugen, WI: equally priced homes
- Cumberland, WI: equally priced homes
- Trego, WI: higher priced homes
- Coomer, WI: higher priced homes
- Springbrook, WI: less expensive homes
Cities with Similar Populations
- Au Gres, MI: less expensive homes
- Rickman, TN: equally priced homes
- Lyons, MI: less expensive homes
- Mantorville, MN: higher priced homes
- Maypearl, TX: higher priced homes
- Munsey Park, NY: higher priced homes
- Patton, PA: less expensive homes
- Phillipsburg, KS: less expensive homes
- Pittsville, MD: equally priced homes
- Pleasantville, IA: less expensive homes
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