The 10 Cheapest Milwaukee, WI Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Milwaukee are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Milwaukee.
Cheapest Neighborhoods In Milwaukee

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Milwaukee might be more expensive than living in rural Wisconsin, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Milwaukee neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Milwaukee are the cheapest.

What’s the cheapest neighborhood to live in Milwaukee for 2019? According to the most recent census data, Bradley Estates looks to be the cheaptest Milwaukee neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Milwaukee. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Milwaukee that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Milwaukee.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Wisconsin reading, check out:

How We Determined The Cheapest Milwaukee Hoods In 2019

In order to rank the cheapest places to live in Milwaukee, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 175 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the ‘Cheapest City Neighborhood In Milwaukee.’ We’re lookin’ at you, Bradley Estates.

Read on below to learn more about what it’s like to live in the cheapest places Milwaukee. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In Milwaukee For 2019

Overall SnackAbility

6
/10

Population: 1,809
Cost Of Living Index: 83 (20th cheapest)
Home Value To Income Ratio: 1.9 (16th cheapest)
Rent To Income Ratio: 0.005 (2nd cheapest)
More on Bradley Estates: Homes For Sale | Data

The median income in Bradley Estates comes in at $53,964 and the median home value is $104,167 for 2019.

Overall SnackAbility

8.5
/10

Population: 2,774
Cost Of Living Index: 86 (52nd cheapest)
Home Value To Income Ratio: 2.2 (32nd cheapest)
Rent To Income Ratio: 0.003 (1st cheapest)
More on Golden Valley: Homes For Sale | Data

The median income in Golden Valley comes in at $62,387 and the median home value is $137,750 for 2019.

Overall SnackAbility

4
/10

Population: 2,203
Cost Of Living Index: 78 (2nd cheapest)
Home Value To Income Ratio: 2.0 (23rd cheapest)
Rent To Income Ratio: 0.019 (70th cheapest)
More on Northridge Lakes: Homes For Sale | Data

The median income in Northridge Lakes comes in at $23,200 and the median home value is $46,700 for 2019.

Overall SnackAbility

7
/10

Population: 1,052
Cost Of Living Index: 91 (106th cheapest)
Home Value To Income Ratio: 1.5 (5th cheapest)
Rent To Income Ratio: 0.009 (5th cheapest)
More on Historic Third Ward: Homes For Sale | Data

The median income in Historic Third Ward comes in at $84,391 and the median home value is $129,250 for 2019.

Overall SnackAbility

8
/10

Population: 8,811
Cost Of Living Index: 86 (52nd cheapest)
Home Value To Income Ratio: 2.4 (58th cheapest)
Rent To Income Ratio: 0.011 (7th cheapest)
More on Menomonee River Hills: Homes For Sale | Data

The median income in Menomonee River Hills comes in at $46,088 and the median home value is $112,650 for 2019.

Overall SnackAbility

8.5
/10

Population: 3,156
Cost Of Living Index: 89 (83rd cheapest)
Home Value To Income Ratio: 2.1 (28th cheapest)
Rent To Income Ratio: 0.012 (11th cheapest)
More on Kops Park: Homes For Sale | Data

The median income in Kops Park comes in at $56,854 and the median home value is $122,175 for 2019.

Overall SnackAbility

4
/10

Population: 4,145
Cost Of Living Index: 83 (20th cheapest)
Home Value To Income Ratio: 2.7 (91st cheapest)
Rent To Income Ratio: 0.014 (18th cheapest)
More on Rufus King: Homes For Sale | Data

The median income in Rufus King comes in at $32,002 and the median home value is $85,414 for 2019.

Overall SnackAbility

9
/10

Population: 1,955
Cost Of Living Index: 91 (106th cheapest)
Home Value To Income Ratio: 2.0 (22nd cheapest)
Rent To Income Ratio: 0.009 (4th cheapest)
More on Mount Mary: Homes For Sale | Data

The median income in Mount Mary comes in at $72,966 and the median home value is $145,500 for 2019.

Overall SnackAbility

9
/10

Population: 1,864
Cost Of Living Index: 89 (83rd cheapest)
Home Value To Income Ratio: 2.3 (48th cheapest)
Rent To Income Ratio: 0.005 (3rd cheapest)
More on Goldman Park: Homes For Sale | Data

The median income in Goldman Park comes in at $65,040 and the median home value is $152,450 for 2019.

Overall SnackAbility

6
/10

Population: 6,588
Cost Of Living Index: 88 (70th cheapest)
Home Value To Income Ratio: 1.9 (15th cheapest)
Rent To Income Ratio: 0.017 (49th cheapest)
More on Capitol Heights: Homes For Sale | Data

The median income in Capitol Heights comes in at $49,878 and the median home value is $95,673 for 2019.

Summing Up The Cheapest Places In Milwaukee

If you’re measuring the neighborhoods in Milwaukee where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Milwaukee aren’t all cheap. Riverside Park takes the title of the most expensive neighborhood to live in Milwaukee.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Wisconsin reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Milwaukee For 2019

Rank Neighborhood Cost Of Living Index
1 Bradley Estates 83
2 Golden Valley 86
3 Northridge Lakes 78
4 Historic Third Ward 91
5 Menomonee River Hills 86
6 Kops Park 89
7 Rufus King 83
8 Mount Mary 91
9 Goldman Park 89
10 Capitol Heights 88
11 Servite Woods 85
12 Timmerman Airport 88
13 Valhalla 83
14 Menomonee River Hills East 86
15 Vogel Park 88
16 Walnut Hill 82
17 Brynwood 82
18 Garden Homes 80
19 New Coeln 92
20 Long View 88
21 Hillside 77
22 Menomonee River Parkway 89
23 Avenues West 78
24 Baran Park 85
25 Nash Park 89
26 Fairview 92
27 Clock Tower Acres 82
28 River Bend 93
29 Granville Station 88
30 Franklin Heights 82
31 Historic Mitchell Street 82
32 Land Bank 87
33 Saveland Park 92
34 King Park 79
35 Menomonee River Valley 84
36 Kilbourn Town 87
37 Silver Spring 85
38 Burnham Park 87
39 Mcgovern Park 85
40 Borchert Field 82
41 Whispering Hills 84
42 Freedom Village 84
43 Granville Woods 84
44 Gra-Ram 91
45 Cooper Park 93
46 Green Moor 92
47 Fairfield 84
48 North Division 82
49 White Manor 92
50 Saint Amelian’s 88
51 Midtown 83
52 Columbus Park 88
53 Hampton Heights 86
54 Story Hill 91
55 Layton Park 88
56 Bluemound Heights 90
57 Arlington Heights 82
58 Maitland Park 93
59 Lyons Park 92
60 Lincoln Creek 86
61 Wahl Park 86
62 Tippecanoe 93
63 Old North Milwaukee 84
64 Lincoln Park 85
65 Wedgewood 95
66 Johnson’s Woods 90
67 Graceland 87
68 Morgandale 90
69 Pheasant Run 92
70 Park West 82
71 Southgate 88
72 Grantosa 87
73 Washington Heights 95
74 Havenwoods 85
75 Mitchell Field 94
76 Castle Manor 89
77 Halyard Park 82
78 The Valley-Pigsville 94
79 Sherman Park 85
80 Metcalfe Park 83
81 Cannon Park 92
82 Bay View 94
83 Morgan Heights 97
84 Alcott Park 97
85 Town Of Lake 93
86 Roosevelt Grove 85
87 Park View 83
88 Grasslyn Manor 88
89 Triangle 86
90 Silver City 86
91 Washington Park 84
92 Riverton Heights 96
93 Hawley Farms 90
94 West View 92
95 Thurston Woods 86
96 National Park 86
97 Honey Creek Parkway 93
98 Walker’s Point 85
99 Muskego Way 84
100 Red Oak Heights 97
101 Silver Swan 87
102 Mill Valley 97
103 Little Menomonee Parkway 90
104 Sunset Heights 89
105 Dineen Park 87
106 Jackson Park 93
107 Harder’s Oaks 95
108 Harambee 82
109 Tripoli Park 91
110 Brown Deer Park 91
111 Miller Valley 92
112 Southpoint 91
113 Hawthorne Glen 93
114 Wick Field 93
115 Holler Park 91
116 Mitchell West 89
117 Rolling Green 95
118 Woodland Court 95
119 Lincoln Village 85
120 Lindsay Park 89
121 Highwood Estates 91
122 Merrill Park 81
123 Timmerman West 89
124 Brewer’s Hill 93
125 Root Creek 92
126 Arlington Gardens 90
127 Fair Park 91
128 Zoo 91
129 Polonia 89
130 Uptown 89
131 Triangle North 84
132 Fernwood 98
133 Forest Home Hills 87
134 Clayton Crest 96
135 Park Knoll 96
136 Honey Creek Manor 91
137 Enderis Park 91
138 Concordia 85
139 Parkway Hills 89
140 Town And Country Manor 89
141 Williamsburg 85
142 Pollber Heights 94
143 Melody View 94
144 Euclid Park 95
145 Clarke Square 84
146 Florist Highlands 95
147 Saint Joseph 89
148 Jones’ Island 93
149 Martin Drive 86
150 Valley Forge 97
151 Riverwest 93
152 Northpoint 107
153 Schlitz Park 105
154 Cold Spring Park 84
155 Harbor View 96
156 Wilson Park 89
157 Lenox Heights 90
158 Wyrick Park 91
159 Juneau Town 105
160 Estabrook Park 90
161 Alverno 94
162 Calumet Farms 105
163 Park Place 105
164 Downer Woods 117
165 Heritage Heights 96
166 Maple Tree 96
167 Lower East Side 103
168 Murray Hill 104
169 Upper East Side 112
170 Mount Olivet 93
171 North Granville 92
172 North Meadows 92
173 Yankee Hill 109
174 Cambridge Heights 98
175 Riverside Park 103

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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