Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring Lake area can be challenging. Home prices in Spring Lake are now at a median cost of $175,897, lower than the Wisconsin average of $220,185.
The average cost of rent is $668/mo in Spring Lake, primarily driven by the current value of real estate in the Spring Lake area. While nearly 46.28% of residents own their homes outright in Spring Lake, 6.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Lake is $5,211 per month. Households that rent pay about 12.82% of their income on rent here. Spring Lake's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Neshkoro, WI: equally priced homes
- Lohrville, WI: less expensive homes
- Redgranite, WI: less expensive homes
- Wautoma, WI: less expensive homes
- Mount Morris, WI: equally priced homes
- Germania, WI: equally priced homes
- Fairburn, WI: less expensive homes
- Berlin, WI: less expensive homes
- Princeton, WI: less expensive homes
- Poy Sippi, WI: less expensive homes
Cities with Similar Populations
- Maywood, KY: less expensive homes
- Maple Grove, MO: less expensive homes
- Mapleton, ID: higher priced homes
- Marl, AL: less expensive homes
- Marlin, WA: less expensive homes
- Martin, ND: less expensive homes
- Matheson, CO: higher priced homes
- Matlock, IA: higher priced homes
- Mavity, KY: less expensive homes
- Maxinkuckee, IN: higher priced homes
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