Similar to nearby areas, it is a little more expensive compared to the entire country. It's close to average compared to the city of Chicago.
Home prices
The median home in Menomonee Falls costs $247,300. It is approximately $5,700 (2%) higher in comparison to its nearby areas.In comparison to the United States as a whole it is about $29,800 (13%) higher, and in comparison to the city of Chicago is about $10,700 (4%) lower.
Rents
Menomonee Falls's median rent is $1,052 a month. In comparison to nearby areas this is about $19 (1%) higher.It is is very similar in comparison to the rest of the nation, and compared to the city of Chicago is roughly $60 (5%) lower.
Nearby places
Lannon
Lannon is Menomonee Falls's neighbor to the west. The real estate prices there are a lot less expensive. The median home value in Lannon is $177,600, which comes out to $69,700 (39%) lower than Menomonee Falls. The rent there is a little less expensive. In Lannon the median monthly rent is $804, which comes out to $248 (30%) lower than Menomonee Falls.
Butler
Butler is Menomonee Falls's neighbor to the southeast. Housing prices there are a lot less expensive. The value of the median home in Butler is $161,200, which comes out to $86,100 (53%) lower than Menomonee Falls. Rent there is significantly less expensive. Butler's median rent is $786 per month, which comes out to $266 (33%) lower than Menomonee Falls.
Sussex
Sussex is Menomonee Falls's neighbor to the west. Housing prices there are somewhat more expensive. The median home cost in Sussex is $286,300, which works out to $39,000 (13%) higher than Menomonee Falls. Rent there is somewhat less expensive. The median rent in Sussex is $987 per month, which works out to $65 (6%) lower than Menomonee Falls.
Brookfield
Brookfield is Menomonee Falls's neighbor to the south. Real estate prices there are a little more expensive. The cost of the median home in Brookfield is $318,800, which works out to $71,500 (22%) higher than Menomonee Falls. Its rents are a little more expensive. In Brookfield the median rent is $1,526 a month, which works out to $474 (31%) higher than Menomonee Falls.
Germantown
Germantown is Menomonee Falls's neighbor to the north. Its housing prices are a little more expensive. The median home in Germantown costs $264,100, which is $16,800 (6%) higher than Menomonee Falls. The rent there is fairly similar. In Germantown the median rent is $1,064 per month, which comes out to $12 (1%) higher than Menomonee Falls.