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These days, finding an affordable place to live in the Wausau area can be challenging. Home prices in Wausau are now at a median cost of $197,030, lower than the Wisconsin average of $280,373.
The average cost of rent is $1,022/mo in Wausau, primarily driven by the current value of real estate in the Wausau area. In Wausau, 36.90% of households rent, and 41.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wausau is $6,316 per month. Households that rent pay about 16.18% of their income on rent here. Wausau’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rib Mountain, WI: higher priced homes
- Schofield, WI: equally priced homes
- Nutterville, WI: higher priced homes
- Weston, WI: higher priced homes
- Brokaw, WI: higher priced homes
- Rothschild, WI: equally priced homes
- Marathon, WI: higher priced homes
- Kronenwetter, WI: higher priced homes
- Marathon City, WI: equally priced homes
- Ringle, WI: higher priced homes
Cities with Similar Populations
- Rio Grande, PR: less expensive homes
- Grapevine, TX: higher priced homes
- Holly Springs, NC: higher priced homes
- Hurst, TX: higher priced homes
- Jeffersonville, IN: higher priced homes
- Lagrange, GA: equally priced homes
- Lompoc, CA: higher priced homes
- Newburgh, NY: higher priced homes
- North Miami Beach, FL: higher priced homes
- Oro Valley, AZ: higher priced homes
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