Home prices
The cost of the median home in Wauwatosa is $242,800. Compared to other places in this area this is about $19,060 (8%) higher.It is approximately $25,300 (11%) higher in comparison to the rest of the country, and compared to the city of Chicago is roughly $15,200 (5%) lower.
Rents
The median monthly rent in Wauwatosa is $1,116. This is roughly $123 (12%) higher in comparison to its nearby areas.In comparison to the US as a whole it is about $54 (5%) higher, and is is very similar compared to the city of Chicago.
Nearby places
Elm Grove
Elm Grove is Wauwatosa's neighbor to the west. The housing prices there are a lot more expensive. The median home value in Elm Grove is $370,500, which comes out to $127,700 (34%) higher than Wauwatosa. The rent there is somewhat less expensive. Elm Grove's median monthly rent is $950, which is $166 (17%) lower than Wauwatosa.
Milwaukee
Milwaukee is Wauwatosa's neighbor to the east. Real estate prices there are a lot less expensive. The median home in Milwaukee costs $122,100, which works out to $120,700 (98%) lower than Wauwatosa. The rent there is a bit less expensive. The median rent in Milwaukee is $858 a month, which is $258 (30%) lower than Wauwatosa.
Butler
Butler is Wauwatosa's neighbor to the northwest. The real estate prices there are significantly less expensive. The median home value in Butler is $161,200, which works out to $81,600 (50%) lower than Wauwatosa. Rents there are significantly less expensive. The median rent in Butler is $786 per month, which is $330 (41%) lower than Wauwatosa.
West Allis
West Allis is Wauwatosa's neighbor to the south. Its housing prices are substantially less expensive. The price of the median home in West Allis is $146,100, which is $96,700 (66%) lower than Wauwatosa. Rents there are substantially less expensive. In West Allis the median rent is $845 a month, which is $271 (32%) lower than Wauwatosa.
Brookfield
Brookfield is Wauwatosa's neighbor to the west. The housing prices there are somewhat more expensive. The value of the median home in Brookfield is $318,800, which works out to $76,000 (23%) higher than Wauwatosa. The rent there is somewhat more expensive. Brookfield's median rent is $1,526 per month, which comes out to $410 (26%) higher than Wauwatosa.