2026 Affordability Data
Most Affordable Neighborhoods in South Milwaukee - 2026 Data
The median home value in South Milwaukee is $200,500, 29% below nat'l avg. Median rent is $870/month. With an affordability index of 139, South Milwaukee is more affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the South Milwaukee, WI area.
Key Takeaways: Affordability in South Milwaukee
- 1South Milwaukee's median home value is $200,500, 29% below nat'l avg (national: $281,900).
- 2South Milwaukee's affordability index is 139 (baseline 100), making it more affordable than the national average.
- 3Median rent in South Milwaukee is $870/month, 25% below nat'l avg (national: $1,163/month).
South Milwaukee Affordability Overview
Median Home Value
$200,500
29% below nat'l avg
Median Rent
$870/mo
25% below nat'l avg
Median Income
$68,801
8% below nat'l avg
Affordability Index
139
39% above nat'l avg
Frequently Asked Questions About Affordability in South Milwaukee
What is the median home price in South Milwaukee, WI?▾
The median home price in South Milwaukee is $200,500, which is 29% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is South Milwaukee affordable compared to the national average?▾
South Milwaukee has an affordability index of 139, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in South Milwaukee, WI?▾
The median monthly rent in South Milwaukee is $870. This is 25% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in South Milwaukee?▾
The median household income in South Milwaukee is $68,801 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).