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These days, finding an affordable place to live in the South Milwaukee area can be challenging. Home prices in South Milwaukee are now at a median cost of $237,175, lower than the Wisconsin average of $280,373.
The average cost of rent is $1,049/mo in South Milwaukee, primarily driven by the current value of real estate in the South Milwaukee area. In South Milwaukee, 33.17% of households rent, and 35.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Milwaukee is $6,510 per month. Households that rent pay about 16.12% of their income on rent here. South Milwaukee’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cudahy, WI: equally priced homes
- Oak Creek, WI: higher priced homes
- St. Francis, WI: equally priced homes
- Greendale, WI: higher priced homes
- Franklin, WI: higher priced homes
- Greenfield, WI: higher priced homes
- Caledonia, WI: higher priced homes
- West Milwaukee, WI: less expensive homes
- Hales Corners, WI: higher priced homes
- Kneeland, WI: higher priced homes
Cities with Similar Populations
- Dixon, IL: less expensive homes
- South Miami, FL: higher priced homes
- Elmwood Park, NJ: higher priced homes
- East St. Louis, IL: less expensive homes
- East Providence, RI: higher priced homes
- East Peoria, IL: less expensive homes
- East Patchogue, NY: higher priced homes
- East Massapequa, NY: higher priced homes
- East Hemet, CA: higher priced homes
- East Greenwich, RI: higher priced homes
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