Budget Lakeside Living: Affordable Housing Options in Lake Como, WI

Budget Lakeside Living: Affordable Housing Options in Lake Como, WI

Lake Como is a stunning place to live. It has everything you ask for. Why would you complain if you open the window and see a green mountain or a lake? I would spend millions to wake up like this.

Current image: Budget Lakeside Living: Affordable Housing Options in Lake Como, WI

But what if I told you you don’t have to spend millions? You can live a dramatic life at the lakeside within your budget. You just have to find the right place to settle down.

If you are impatient & don’t research, then no worries, we’ve got your back.

Why Lake Como is the Underrated Gem of Walworth County?

Lake Como doesn’t usually make the flashy headlines. But maybe that’s exactly why it’s such a gem. Tucked just a few miles from the buzz of Lake Geneva. This small lake town offers the same beautiful scenery and homes with beautiful decor without the crowds and chaos.

You can have all those within the price range, around $285,000. The county’s average tax rate is about 1.85%, but Lake Como homes often have lower assessed values, meaning a lower total bill.

Not just that,

If you are social, then this place also has something to offer you. Just because it is a lakeside place doesn’t mean it’s lonely as hell.

If you want peaceful mornings, friendly neighbors, and a home you can afford near the water… Lake Como might be your little slice of Wisconsin magic.

2025 Housing Snapshot: What Does “Affordable” Mean Here?

Affordable” can mean $200K to one person and $800K to another. So, where does Lake Como, WI, stand in 2025? Well, lucky Lake Como is still one of the few lake towns where you can buy a home without emptying your savings.

For example,

The average home price here is around $289,000, which is much more budget-friendly than nearby Lake Geneva, where homes easily exceed $500,000.

For example,

Tighter budget than that? No worries,

You can still find small cottages, older homes, or fixer-uppers between $180,000 and $230,000. These might need a little love. But they’re solid options to live near the lake without spending a fortune.

What about renting?

A two-bedroom home usually costs around $1,428 monthly, which is decent for lakeside living.

And the good news

Property taxes in Wisconsin average around 1.73%, and Lake Como is right in that range. You can either pay all at once by January 31, or split it into two payments—January 31 and July 31, which is super helpful.

Taxes are based on your home’s assessed value and are updated yearly. Sometimes that value is off from the market price. So, Wisconsin uses a ratio system to balance things out. And if you think your home’s been valued too high, you can appeal it.

The good news?

Most homeowners also qualify for tax credits, such as the School Levy Credit, Lottery and Gaming Credit, and First Dollar Credit, which can lower their bills.

Even with things like flood insurance near the lake, Lake Como stays way more affordable than most other lake towns.

The moral of the story is,

If you’re looking for peaceful lakeside living and a price tag that doesn’t make your heart race, Lake Como still checks all the boxes in 2025.

Real-Life Perks: What It’s Like to Live Here

Real-Life Perks What It’s Like to Live Here

When I first visited Lake Como, I wasn’t expecting much. Just a quiet lake town tucked near Lake Geneva, right?

But I was hooked when I walked down one of those tree-lined streets and heard the soft splash of water against the dock.

Mornings here feel different. I wake up to birds, not traffic. Sometimes you can even take your coffee and enjoy the sunset.

If you’ve ever wanted to live somewhere that feels like a vacation—but doesn’t cost like one—Lake Como is the best spot.

Conclusion

Lake Como isn’t loud or flashy, but that’s what makes it special. It’s where life feels a little lighter, neighbors feel like friends, and the lake is always just a short walk away. If you dream of simple, peaceful living without the sky-high cost, this quiet corner of Wisconsin might be where you’re meant to be.

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