Looking for affordable housing options in Wisconsin? Data from the Zillow Home Value Index reveals fascinating trends about the state’s most budget-friendly neighborhoods. You’ll find that Milwaukee dominates the affordability landscape, with all 25 least expensive neighborhoods located within its boundaries.
The average home value among these neighborhoods is $104,139 in 2025, showing remarkable growth from just $55,035 in 2020 – an impressive 89% increase in just five years. Even more striking is the long-term growth, with neighborhoods like Historic Mitchell Street seeing a remarkable 315% increase in value since 2010, while still remaining among the most affordable options in the state.
You might be surprised to discover that despite being the most affordable options statewide, these neighborhoods have shown tremendous investment potential. The median five-year growth rate stands at 97.43%, significantly outpacing many higher-priced markets. While North Meadows ranks as the most affordable neighborhood with homes averaging $57,915, it has also shown one of the strongest growth trajectories at 130.49% since 2020.
25. Havenwoods
- 2025 Value: $129,850
- 2020 Value: $68,789
- 2015 Value: $30,054
- 2010 Value: $43,525
- Change 2020-2025: 88.76%
- Change 2015-2025: 332.06%
- Change 2010-2025: 198.34%
Located on Milwaukee’s north side, Havenwoods has experienced remarkable growth while maintaining relatively affordable home values. In 2010, homes in this neighborhood averaged $43,525, dipping to $30,054 by 2015 during a market correction. By 2020, recovery was well underway with values reaching $68,789, finally climbing to $129,850 in 2025. This represents an impressive 332.06% growth over the decade from 2015 and a solid 88.76% increase in just the last five years, making Havenwoods both accessible and a potentially strong investment.
24. Maple Tree
- 2025 Value: $129,837
- 2020 Value: $75,456
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 72.07%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Nestled within Milwaukee’s diverse landscape, Maple Tree neighborhood represents one of the city’s up-and-coming areas with limited historical data available prior to 2020. You’ll find that home values have increased substantially in just five years, rising from $75,456 in 2020 to $129,837 by 2025 – marking a solid 72.07% growth.
23. Historic Mitchell Street
- 2025 Value: $129,099
- 2020 Value: $65,391
- 2015 Value: $31,232
- 2010 Value: $31,053
- Change 2020-2025: 97.43%
- Change 2015-2025: 313.36%
- Change 2010-2025: 315.73%
Steeped in cultural heritage, Historic Mitchell Street in Milwaukee showcases some of the most impressive growth among affordable neighborhoods. Between 2010 and 2015, home values remained remarkably stable at around $31,000, indicating a neighborhood that was waiting for discovery. The area began seeing appreciation by 2020, with values doubling to $65,391, before exploding to $129,099 by 2025. This remarkable trajectory represents an incredible 315.73% growth over 15 years, making it the neighborhood with the highest long-term appreciation percentage on our list while still maintaining affordability.
22. Grantosa
- 2025 Value: $127,617
- 2020 Value: $86,556
- 2015 Value: $58,214
- 2010 Value: $71,248
- Change 2020-2025: 47.44%
- Change 2015-2025: 119.22%
- Change 2010-2025: 79.12%
Bordered by several Milwaukee neighborhoods, Grantosa presents an interesting housing value history with its unique up-and-down pattern. You’ll notice that in 2010, home values stood at a relatively robust $71,248, before declining to $58,214 by 2015 during broader market adjustments. The neighborhood then began a steady recovery, reaching $86,556 in 2020 and continuing upward to $127,617 by 2025. While its five-year growth rate of 47.44% is more modest than other neighborhoods on this list, Grantosa shows solid recovery and upward momentum while still offering affordable housing options.
21. Wahl Park
- 2025 Value: $127,482
- 2020 Value: $61,994
- 2015 Value: $30,980
- 2010 Value: $42,048
- Change 2020-2025: 105.64%
- Change 2015-2025: 311.49%
- Change 2010-2025: 203.18%
Centered around its namesake park in Milwaukee, Wahl Park neighborhood demonstrates strong recovery and growth after weathering market challenges. Starting at $42,048 in 2010, home values dropped to $30,980 by 2015, suggesting the neighborhood felt the delayed effects of housing market turbulence. However, values doubled to $61,994 by 2020 and continued their impressive climb to $127,482 in 2025. This represents a remarkable 105.64% growth in the last five years alone and a substantial 311.49% increase since 2015, illustrating how dramatically some of Milwaukee’s affordable neighborhoods have rebounded.
20. Midtown
- 2025 Value: $125,264
- 2020 Value: $72,892
- 2015 Value: $36,624
- 2010 Value: $54,742
- Change 2020-2025: 71.85%
- Change 2015-2025: 242.03%
- Change 2010-2025: 128.83%
Situated in the heart of Milwaukee, Midtown’s housing market tells a story of resilience and recovery. In 2010, home values averaged $54,742 before experiencing a significant drop to $36,624 by 2015. The neighborhood then embarked on a strong recovery trajectory, with values doubling to $72,892 by 2020 and continuing to rise to $125,264 in 2025. This represents a solid 71.85% growth in just five years and an impressive 242.03% increase over the decade from 2015. Despite this substantial appreciation, Midtown remains one of Wisconsin’s most affordable neighborhoods for homebuyers.
19. Lincoln Park
- 2025 Value: $125,097
- 2020 Value: $70,266
- 2015 Value: $38,844
- 2010 Value: $44,731
- Change 2020-2025: 78.03%
- Change 2015-2025: 222.05%
- Change 2010-2025: 179.67%
Anchored by one of Milwaukee’s large urban parks, Lincoln Park neighborhood demonstrates the value of green space adjacency even in affordable markets. From 2010 to 2015, the area experienced a moderate decline from $44,731 to $38,844, reflecting broader market conditions. A strong recovery began thereafter, with values reaching $70,266 by 2020 and continuing to $125,097 in 2025. This progression represents a robust 78.03% growth over the last five years and an impressive 222.05% increase since the market low in 2015, illustrating how parkside neighborhoods can maintain both affordability and healthy appreciation.
18. Harambee
- 2025 Value: $119,922
- 2020 Value: $52,457
- 2015 Value: $28,130
- 2010 Value: Data not available
- Change 2020-2025: 128.61%
- Change 2015-2025: 326.31%
- Change 2010-2025: N/A
Derived from the Swahili word for “pulling together,” Harambee in Milwaukee has lived up to its name with impressive community-driven revitalization. While comprehensive data before 2015 isn’t available, you can see the neighborhood’s remarkable trajectory from $28,130 in 2015 to $52,457 by 2020, nearly doubling in value. This growth accelerated even further, reaching $119,922 by 2025 – representing a stunning 128.61% increase in just five years and 326.31% growth over the decade. This dramatic appreciation while maintaining relative affordability demonstrates Harambee’s successful community development efforts.
17. Whispering Hills
- 2025 Value: $116,428
- 2020 Value: $69,293
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 68.02%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Tucked away within Milwaukee’s northwestern section, Whispering Hills is a relatively newer neighborhood in terms of tracked data. You’ll find that since measurements began in 2020, home values have grown steadily from $69,293 to $116,428 by 2025, representing a healthy 68.02% appreciation in just five years. The lack of earlier data may indicate this is either a newly developed area or one that has recently been redefined in market analyses.
16. Garden Homes
- 2025 Value: $116,363
- 2020 Value: $58,314
- 2015 Value: $27,763
- 2010 Value: Data not available
- Change 2020-2025: 99.55%
- Change 2015-2025: 319.13%
- Change 2010-2025: N/A
Steeped in history as one of America’s early planned communities, Garden Homes in Milwaukee demonstrates remarkable revitalization. Data tracking begins in 2015 when home values averaged just $27,763, suggesting the neighborhood was facing significant challenges. By 2020, values had more than doubled to $58,314, and this explosive growth continued to $116,363 by 2025. This represents an astonishing 319.13% increase over the decade and a near-doubling (99.55%) in just the last five years. This historic neighborhood now represents one of Milwaukee’s most dramatic comeback stories while remaining affordable.
15. Fairfield
- 2025 Value: $114,345
- 2020 Value: $66,836
- 2015 Value: $32,099
- 2010 Value: $43,598
- Change 2020-2025: 71.08%
- Change 2015-2025: 256.23%
- Change 2010-2025: 162.27%
Positioned in Milwaukee’s northwest quadrant, Fairfield presents a classic pattern of recovery and growth. Starting from $43,598 in 2010, home values declined to $32,099 by 2015 amid broader market challenges. The neighborhood then began a robust recovery, with values doubling to $66,836 by 2020 and reaching $114,345 in 2025. This trajectory represents a solid 71.08% growth over the last five years and an impressive 256.23% increase since market lows in 2015.
14. Granville Station
- 2025 Value: $112,705
- 2020 Value: $71,974
- 2015 Value: $45,891
- 2010 Value: $50,848
- Change 2020-2025: 56.59%
- Change 2015-2025: 145.59%
- Change 2010-2025: 121.65%
Named after its transportation heritage, Granville Station in Milwaukee shows a more moderate but steady growth pattern. You’ll notice that home values started at $50,848 in 2010, then experienced a modest decline to $45,891 by 2015. Recovery took hold thereafter, with values rising to $71,974 by 2020 and continuing upward to $112,705 in 2025. This represents a 56.59% growth over the last five years – more modest than some neighbors but still substantial – and a 145.59% increase since 2015. The neighborhood’s growth trajectory suggests stable, sustainable appreciation while maintaining affordability.
13. Old North Milwaukee
- 2025 Value: $112,250
- 2020 Value: $56,053
- 2015 Value: $26,774
- 2010 Value: $40,200
- Change 2020-2025: 100.26%
- Change 2015-2025: 319.25%
- Change 2010-2025: 179.23%
Rich in Milwaukee history, Old North Milwaukee traces the city’s evolution through its housing values. Starting at $40,200 in 2010, the neighborhood saw values plummet to $26,774 by 2015, reflecting significant market challenges. A dramatic turnaround began thereafter, with values doubling to $56,053 by 2020 and doubling again to $112,250 by 2025. This precise 100.26% growth over just five years and phenomenal 319.25% increase since 2015 demonstrates this historic area’s remarkable resilience.
12. Servite Woods
- 2025 Value: $106,953
- 2020 Value: $51,676
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 106.97%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Bordered by natural areas on Milwaukee’s northwest side, Servite Woods has emerged as a notable neighborhood in recent years. With data tracking beginning in 2020, when home values averaged $51,676, the area has seen tremendous growth, more than doubling to $106,953 by 2025 – a precise 106.97% increase in just five years. The neighborhood’s name suggests proximity to wooded areas, potentially offering residents a blend of affordability and natural surroundings.
11. Sherman Park
- 2025 Value: $103,309
- 2020 Value: $60,679
- 2015 Value: $39,920
- 2010 Value: $41,431
- Change 2020-2025: 70.25%
- Change 2015-2025: 158.79%
- Change 2010-2025: 149.35%
Centered around one of Milwaukee’s iconic green spaces, Sherman Park shows a pattern of resilience and steady growth. Starting at $41,431 in 2010, home values experienced a slight dip to $39,920 by 2015, indicating the neighborhood largely weathered market downturns better than some peers. Recovery accelerated thereafter, with values rising to $60,679 by 2020 and reaching $103,309 in 2025. This represents a solid 70.25% growth in the last five years and 158.79% since 2015.
10. Washington Park
- 2025 Value: $102,888
- 2020 Value: $51,829
- 2015 Value: $29,353
- 2010 Value: Data not available
- Change 2020-2025: 98.52%
- Change 2015-2025: 250.52%
- Change 2010-2025: N/A
Adjacent to a historic Olmsted-designed park in Milwaukee, Washington Park neighborhood demonstrates the revitalizing power of green space. With tracked data beginning in 2015 at $29,353, home values have experienced extraordinary growth, nearly doubling to $51,829 by 2020 and doubling again to $102,888 by 2025. This remarkable 98.52% five-year growth rate and 250.52% ten-year appreciation far outpaces many more expensive neighborhoods, all while maintaining affordability.
9. Williamsburg
- 2025 Value: $97,954
- 2020 Value: $43,039
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 127.59%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Tucked within Milwaukee’s neighborhood mosaic, Williamsburg has emerged as a rapidly appreciating area in recent years. With data tracking beginning in 2020, when home values averaged just $43,039, the neighborhood has seen explosive growth to $97,954 by 2025 – a remarkable 127.59% increase in just five years. This growth rate places Williamsburg among the fastest-appreciating neighborhoods on our list.
8. Walnut Hill
- 2025 Value: $88,916
- 2020 Value: $52,048
- 2015 Value: $25,639
- 2010 Value: $55,210
- Change 2020-2025: 70.84%
- Change 2015-2025: 246.79%
- Change 2010-2025: 61.05%
Nestled in Milwaukee’s west side, Walnut Hill presents one of the most interesting value trajectories among affordable neighborhoods. In 2010, homes averaged a relatively healthy $55,210 before experiencing a dramatic decline to just $25,639 by 2015 – losing more than half their value. Recovery began thereafter, with values doubling to $52,048 by 2020 and continuing upward to $88,916 in 2025. While the 70.84% five-year growth is impressive, the 246.79% increase since 2015 is remarkable. Interestingly, the long-term growth since 2010 is a more modest 61.05%, highlighting how dramatically market cycles have affected this resilient neighborhood.
7. Arlington Heights
- 2025 Value: $88,072
- 2020 Value: $45,956
- 2015 Value: $23,727
- 2010 Value: Data not available
- Change 2020-2025: 91.64%
- Change 2015-2025: 271.19%
- Change 2010-2025: N/A
Located on Milwaukee’s northwest side, Arlington Heights showcases dramatic revival over the past decade. With data tracking beginning in 2015 at just $23,727, home values have experienced tremendous growth, nearly doubling to $45,956 by 2020 and climbing further to $88,072 by 2025. This represents an extraordinary 271.19% growth over a decade and a robust 91.64% increase in just five years.
6. Franklin Heights
- 2025 Value: $82,967
- 2020 Value: $34,352
- 2015 Value: $20,253
- 2010 Value: $38,380
- Change 2020-2025: 141.52%
- Change 2015-2025: 309.65%
- Change 2010-2025: 116.17%
Situated in Milwaukee’s central city area, Franklin Heights has experienced dramatic market swings while maintaining affordability. Starting at $38,380 in 2010, home values plummeted to just $20,253 by 2015 – losing nearly half their worth. Then came an extraordinary revival, with values growing to $34,352 by 2020 before skyrocketing to $82,967 in 2025. This represents one of the most impressive five-year growth rates on our list at 141.52% and a staggering 309.65% increase since market lows in 2015. The long-term growth of 116.17% since 2010 reveals both the neighborhood’s challenges and its remarkable resilience.
5. Metcalfe Park
- 2025 Value: $75,393
- 2020 Value: $39,801
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 89.43%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Located in Milwaukee’s central city, Metcalfe Park represents an evolving neighborhood with recent tracking in housing data. Since measurements began in 2020, when home values averaged $39,801, the area has seen substantial growth to $75,393 by 2025 – a healthy 89.43% increase in just five years. The neighborhood’s proximity to several major Milwaukee corridors and ongoing community development efforts have contributed to its rising profile.
4. Park West
- 2025 Value: $74,342
- 2020 Value: $33,478
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 122.06%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Centrally located in Milwaukee’s urban landscape, Park West has emerged as a rapidly appreciating yet still affordable neighborhood. With tracked data beginning in 2020 at just $33,478, home values have more than doubled to $74,342 by 2025 – representing an impressive 122.06% growth in just five years. This remarkable trajectory suggests significant redevelopment or renewed interest in this central area.
3. Borchert Field
- 2025 Value: $70,204
- 2020 Value: $30,804
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 127.91%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Named after Milwaukee’s historic baseball field, Borchert Field neighborhood represents an area experiencing rapid revitalization. Since tracking began in 2020, when home values averaged just $30,804, the neighborhood has seen explosive growth to $70,204 by 2025 – a remarkable 127.91% increase in just five years. This growth rate places it among the fastest-appreciating neighborhoods on our list.
2. North Division
- 2025 Value: $68,309
- 2020 Value: $30,826
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 121.59%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Centered around a historic high school in Milwaukee’s central city, North Division has shown remarkable growth while maintaining extreme affordability. Data tracking for this neighborhood begins in 2020, when home values averaged just $30,826, before more than doubling to $68,309 by 2025 – representing an impressive 121.59% increase in just five years.
1. North Meadows
- 2025 Value: $57,915
- 2020 Value: $25,126
- 2015 Value: Data not available
- 2010 Value: Data not available
- Change 2020-2025: 130.49%
- Change 2015-2025: N/A
- Change 2010-2025: N/A
Situated on Milwaukee’s northwest side, North Meadows stands as Wisconsin’s most affordable neighborhood while simultaneously demonstrating extraordinary growth potential. Since data tracking began in 2020, when home values averaged a remarkably low $25,126, the neighborhood has seen explosive growth to $57,915 by 2025 – a stunning 130.49% increase in just five years.
