Home prices
Milwaukee's median home cost is $122,100. It is roughly $143,220 (53%) lower in comparison to its nearby areas.It is roughly $95,400 (43%) lower compared to the entire country, and is approximately $135,900 (52%) lower compared to the city of Chicago.
Rents
The median monthly rent in Milwaukee is $858. This is roughly $177 (17%) lower compared to nearby areas.It is about $204 (19%) lower in comparison to the entire nation, and it is roughly $254 (22%) lower compared to the city of Chicago.
Nearby places
Wauwatosa
Wauwatosa is Milwaukee's neighbor to the west. Housing prices there are significantly more expensive. The median home in Wauwatosa costs $242,800, which works out to $120,700 (49%) higher than Milwaukee. Rent there is a bit more expensive. In Wauwatosa the median rent is $1,116 a month, which works out to $258 (23%) higher than Milwaukee.
West Milwaukee
West Milwaukee is Milwaukee's neighbor to the south. Its real estate prices are somewhat more expensive. The value of the median home in West Milwaukee is $137,500, which is $15,400 (11%) higher than Milwaukee. Rent there is somewhat less expensive. The median monthly rent in West Milwaukee is $738, which is $120 (16%) lower than Milwaukee.
Shorewood
Shorewood is Milwaukee's neighbor to the northeast. The housing prices there are a lot more expensive. The median home in Shorewood is valued at $338,400, which is $216,300 (63%) higher than Milwaukee. The rent there is a little more expensive. The median monthly rent in Shorewood is $1,004, which comes out to $146 (14%) higher than Milwaukee.
Whitefish Bay
Whitefish Bay is Milwaukee's neighbor to the northeast. Housing prices there are substantially more expensive. Whitefish Bay's median home price is $387,000, which is $264,900 (68%) higher than Milwaukee. Its rents are a little more expensive. The median rent in Whitefish Bay is $1,243 a month, which comes out to $385 (30%) higher than Milwaukee.
Glendale
Glendale is Milwaukee's neighbor to the north. Its real estate prices are substantially more expensive. The median home in Glendale costs $220,900, which works out to $98,800 (44%) higher than Milwaukee. The rent there is somewhat more expensive. In Glendale the median monthly rent is $1,075, which works out to $217 (20%) higher than Milwaukee.