Looking for affordable housing options in Wisconsin?
Data from theZillow Home Value Indexreveals fascinating trends about the states most budget-friendly neighborhoods.
Youll find that Milwaukee dominates the affordability landscape, with all 25 least expensive neighborhoods located within its boundaries.
Home Stratosphere | Leaflet
The median five-year growth rate stands at 97.43%, significantly outpacing many higher-priced markets.
Havenwoods
Located on Milwaukees north side, Havenwoods has experienced remarkable growth while maintaining relatively affordable home values.
Grantosa
Bordered by several Milwaukee neighborhoods, Grantosa presents an interesting housing value history with its unique up-and-down pattern.
However, values doubled to $61,994 by 2020 and continued their impressive climb to $127,482 in 2025.
Midtown
Situated in the heart of Milwaukee, Midtowns 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.
Despite this substantial appreciation, Midtown remains one of Wisconsins most affordable neighborhoods for homebuyers.
This dramatic appreciation while maintaining relative affordability demonstrates Harambees successful community development efforts.
This historic neighborhood now represents one of Milwaukees most dramatic comeback stories while remaining affordable.
Fairfield
Positioned in Milwaukees 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 neighborhoods growth trajectory suggests stable, sustainable appreciation while maintaining affordability.
Old North Milwaukee
Rich in Milwaukee history, Old North Milwaukee traces the citys evolution through its housing values.
The neighborhoods name suggests proximity to wooded areas, potentially offering residents a blend of affordability and natural surroundings.
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.
Williamsburg
Tucked within Milwaukees neighborhood mosaic, Williamsburg has emerged as a rapidly appreciating area in recent years.
This growth rate places Williamsburg among the fastest-appreciating neighborhoods on our list.
While the 70.84% five-year growth is impressive, the 246.79% increase since 2015 is remarkable.
Arlington Heights
Located on Milwaukees northwest side, Arlington Heights showcases dramatic revival over the past decade.
Franklin Heights
Situated in Milwaukees central city area, Franklin Heights has experienced dramatic market swings while maintaining affordability.
The long-term growth of 116.17% since 2010 reveals both the neighborhoods challenges and its remarkable resilience.
The neighborhoods proximity to several major Milwaukee corridors and ongoing community development efforts have contributed to its rising profile.
This remarkable trajectory suggests significant redevelopment or renewed interest in this central area.
Borchert Field
Named after Milwaukees historic baseball field, Borchert Field neighborhood represents an area experiencing rapid revitalization.
This growth rate places it among the fastest-appreciating neighborhoods on our list.
