Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sherman Park area can be challenging. Home prices in Sherman Park are now at a median cost of $70,604, lower than the Milwaukee average of $243,883.
The average cost of rent is $974/mo in Sherman Park, primarily driven by the current value of real estate in the Sherman Park area. While nearly 47.12% of residents own their homes outright in Sherman Park, 71.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman Park is $2,798 per month. Households that rent pay about 34.82% of their income on rent here. Sherman Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Saint Joseph, Milwaukee, WI: higher priced homes
- Sunset Heights, Milwaukee, WI: higher priced homes
- Uptown, Milwaukee, WI: higher priced homes
- Park West, Milwaukee, WI: equally priced homes
- Roosevelt Grove, Milwaukee, WI: higher priced homes
- Washington Park, Milwaukee, WI: less expensive homes
- Franklin Heights, Milwaukee, WI: less expensive homes
- Grasslyn Manor, Milwaukee, WI: higher priced homes
- Washington Heights, Milwaukee, WI: higher priced homes
- Midtown, Milwaukee, WI: higher priced homes
Neighborhoods with Similar Populations
- Wallace Woods, Covington, KY: higher priced homes
- East Durham, Durham, NC: higher priced homes
- El Camino, South San Francisco, CA: higher priced homes
- Fairpark, Salt Lake City, UT: higher priced homes
- Gresham-Northwest, Gresham, OR: higher priced homes
- Grider, Buffalo, NY: less expensive homes
- Haevers Corners, Green Bay, WI: higher priced homes
- Highlands, Beaverton, OR: higher priced homes
- Taylor Berry, Louisville, KY: higher priced homes
- The Woods at Mill Valley, Marysville, OH: higher priced homes
All Local Stats
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