Home prices
The price of the median home in South Milwaukee is $162,000. In comparison to its nearby areas this is about $38,860 (19%) lower.In comparison to the rest of the nation it is approximately $55,500 (25%) lower, and is about $96,000 (37%) lower compared to the city of Chicago.
Rents
In South Milwaukee the median monthly rent is $838. It is roughly $92 (9%) lower compared to its surrounding areas.It is about $224 (21%) lower in comparison to the nation as a whole, and is approximately $274 (24%) lower compared to the city of Chicago.
Nearby places
Cudahy
Cudahy is South Milwaukee's neighbor to the north. Real estate prices there are a bit less expensive. The median home in Cudahy costs $152,900, which works out to $9,100 (5%) lower than South Milwaukee. The rent there is fairly similar. In Cudahy the median monthly rent is $815, which works out to $23 (2%) lower than South Milwaukee.
Oak Creek
Oak Creek is South Milwaukee's neighbor to the southwest. Housing prices there are a little more expensive. Oak Creek's median home cost is $231,200, which works out to $69,200 (29%) higher than South Milwaukee. Its rents are a little more expensive. Oak Creek's median rent is $1,063 per month, which is $225 (21%) higher than South Milwaukee.
St. Francis
St. Francis is about 3 miles north of South Milwaukee. Its housing prices are somewhat less expensive. The median home in St. Francis costs $152,000, which is $10,000 (6%) lower than South Milwaukee. Rents there are somewhat less expensive. St. Francis's median rent is $751 per month, which is $87 (11%) lower than South Milwaukee.
Greendale
Greendale is roughly 6 miles west of South Milwaukee. Its real estate prices are a bit more expensive. The median home in Greendale costs $216,800, which comes out to $54,800 (25%) higher than South Milwaukee. The rent there is a bit more expensive. Greendale's median rent is $955 a month, which comes out to $117 (12%) higher than South Milwaukee.
Franklin
Franklin is approximately 6 miles west of South Milwaukee. The real estate prices there are significantly more expensive. The median home in Franklin costs $251,400, which comes out to $89,400 (35%) higher than South Milwaukee. Rent there is a little more expensive. The median monthly rent in Franklin is $1,066, which works out to $228 (21%) higher than South Milwaukee.
