Rent To Own Homes in Waukesha, WI

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Home Value Estimator For Waukesha, WI

There are currently 27,865 real estate properties in Waukesha, WI, with a median automated valuation model (AVM) price of $370,656.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waukesha, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Waukesha, WI, is $388,038.00, with the most expensive house in Waukesha, WI, topping out at $9,212,648.00 and the cheapest home in Waukesha, WI, clocking in at $23,460.00. In other words, there’s something for every potential homebuyer or savvy investor in Waukesha, WI!

Rent Prices In Waukesha, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waukesha, WI, is on a rollercoaster ride. The average rent price in Waukesha, WI, is $1,723.00. Indeed, when looking to rent in Waukesha, WI, you can expect to pay as little as $620.00 or as much as $3,180.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Waukesha, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Waukesha, WI In 2024

Waukesha is located in Waukesha, Wisconsin, with an estimated municipal population of 72,299 residents. All of the best foreclosed homes for sale in Waukesha are located in the following zip code areas on 53186 53188 53189 53187. The estimated population per square kilometer (.62 miles) in Waukesha is 1,093.

Cost Of Living In Waukesha, WI

So, about how much do homes cost in Waukesha? The most recent median value of resident-owned homes in Waukesha is 212,351. An estimated 58.1 percent of households in Waukesha own their homes, with an average family size of 3.03. The median household income in Waukesha is 65,260, with29 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waukesha, the median commute time of resident workers (in minutes) is 21.7. And last, but certainly not least, are you looking for homes to rent in Waukesha? If so, the average rent price paid by renters in Waukesha is 944, according to recent statistics.

Diversity And Demographics In Waukesha, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Waukesha, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Waukesha is 36.1, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Waukesha is 47.5, with an average family size of 3.03.

The percentage of residents who report their race in Waukesha is as follows:

White 88.8%
Black / African American 3.5%
Asian 2.9%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.4%
Other 2.1%

Looking for family-friendly neighborhoods in and/or near Waukesha? Or maybe you are searching for 55+ active adult communities in and/or near Waukesha?

The percentage of residents who report their age in Waukesha is as follows:

Under 10 11%
Aged 10-19 13.4%
20s 16.6%
30s 14.2%
40s 13%
50s 12.6%
60s 10.4%
70s 5%
80+ 3.7%

Best Schools In Waukesha, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Waukesha with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Waukesha.

Pros And Cons Of Living In Waukesha, Wisconsin

How do you know that living in -- or moving to -- Waukesha is right where you need to be? Perhaps you grew up in Waukesha or already live nearby; therefore, the decision to buy a home in Waukesha is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Waukesha for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Waukesha:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Waukesha.

Reasons To Move To Waukesha, Wisconsin, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Waukesha can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Waukesha, meanwhile, can field multiple offers from more qualified buyers.

Waukesha, WI Rent To Own Homes


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