The Most Affordable Neighborhoods in Third Ward, Eau Claire, WI by Home Value

 

Third Ward, Eau Claire, WI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Third Ward area can be challenging. Home prices in Third Ward are now at a median cost of $267,167, higher than the Eau Claire average of $205,507.

The average cost of rent is $828/mo in Third Ward, primarily driven by the current value of real estate in the Third Ward area. While nearly 21.39% of residents own their homes outright in Third Ward, 63.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Third Ward is $4,008 per month. Households that rent pay about 20.65% of their income on rent here. Third Ward's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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