Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Town of Lake area can be challenging. Home prices in Town of Lake are now at a median cost of $225,764, lower than the Milwaukee average of $304,601.
The average cost of rent is $1,022/mo in Town of Lake, primarily driven by the current value of real estate in the Town of Lake area. In Town of Lake, 26.09% of households rent, and 28.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Town of Lake is $5,621 per month. Households that rent pay about 18.18% of their income on rent here. Town of Lake’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Tippecanoe, Milwaukee, WI: equally priced homes
- Mitchell West, Milwaukee, WI: less expensive homes
- Wilson Park, Milwaukee, WI: less expensive homes
- Morgandale, Milwaukee, WI: less expensive homes
- Castle Manor, Milwaukee, WI: equally priced homes
- Bay View, Milwaukee, WI: higher priced homes
- Polonia, Milwaukee, WI: less expensive homes
- Southpoint, Milwaukee, WI: equally priced homes
- Lincoln Village, Milwaukee, WI: less expensive homes
- Forest Home Hills, Milwaukee, WI: less expensive homes
Neighborhoods with Similar Populations
- Arlington Ridge, Arlington, VA: higher priced homes
- Westowne, Catonsville, MD: higher priced homes
- West Southwest 2, Topeka, KS: higher priced homes
- Washington Heights, Milwaukee, WI: equally priced homes
- Viola, Monsey, NY: higher priced homes
- Vine City, Atlanta, GA: higher priced homes
- Victorian Village, Columbus, OH: higher priced homes
- Verdugo Woodlands, Glendale, CA: higher priced homes
- Valle Lindo, South El Monte, CA: higher priced homes
- Upper West Ridge, Woodinville, WA: higher priced homes
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