Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit Lake area can be challenging. Home prices in Summit Lake are now at a median cost of $199,697, lower than the Wisconsin average of $220,185.
The average cost of rent is $575/mo in Summit Lake, primarily driven by the current value of real estate in the Summit Lake area. While nearly 60.06% of residents own their homes outright in Summit Lake, 7.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit Lake is $5,351 per month. Households that rent pay about 10.75% of their income on rent here. Summit Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Elcho, WI: less expensive homes
- Deerbrook, WI: less expensive homes
- Post Lake, WI: less expensive homes
- Pearson, WI: less expensive homes
- Pelican Lake, WI: equally priced homes
- Neva Corners, WI: less expensive homes
- Harrison, WI: equally priced homes
- Parrish, WI: less expensive homes
- Dudley, WI: less expensive homes
- Kempster, WI: less expensive homes
Cities with Similar Populations
- Grissom Arb, IN: less expensive homes
- Harbin, TX: equally priced homes
- Happy Valley, AK: equally priced homes
- Hanley, IA: equally priced homes
- Handle, MS: less expensive homes
- Halbur, IA: less expensive homes
- Hagarville, AR: less expensive homes
- Gurn Spring, NY: higher priced homes
- Guild, NH: equally priced homes
- Hendrix, OK: less expensive homes
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