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These days, finding an affordable place to live in the Wauwatosa area can be challenging. Home prices in Wauwatosa are now at a median cost of $345,199, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,451/mo in Wauwatosa, primarily driven by the current value of real estate in the Wauwatosa area. In Wauwatosa, 39.29% of households rent, and 34.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wauwatosa is $8,942 per month. Households that rent pay about 16.23% of their income on rent here. Wauwatosa’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elm Grove, WI: higher priced homes
- Milwaukee, WI: less expensive homes
- West Allis, WI: less expensive homes
- West Milwaukee, WI: less expensive homes
- Butler, WI: less expensive homes
- Brookfield, WI: higher priced homes
- Greenfield, WI: less expensive homes
- New Berlin, WI: higher priced homes
- Glendale, WI: less expensive homes
- Duplainville, WI: higher priced homes
Cities with Similar Populations
- Lake Stevens, WA: higher priced homes
- Zephyrhills, FL: less expensive homes
- Wausau, WI: less expensive homes
- Upper Arlington, OH: higher priced homes
- Texas City, TX: less expensive homes
- Spring Hill, TN: higher priced homes
- Sherman, TX: less expensive homes
- Salina, KS: less expensive homes
- Rowland Heights, CA: higher priced homes
- Roseville, MI: less expensive homes
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