Housing in Lake Tomahawk, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$317,805

Lake Tomahawk vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Tomahawk is highlighted.

Median Home Value

55th%ilemost expensive$195,300show rank

Median Rent

29th%ilemost expensive rent$789show rank

Rent Burden

55th%ilehighest rent burden19.3%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$195,300

Median Rent

$789

Total Housing Units

181

Vacancy Rate

38.1%

Owner Occupied

63.4%

Renter Occupied

36.6%

Median Property Tax

$1,797

per year

Monthly Cost (w/ Mortgage)

$885

Housing Types

Single Family

64.1%

Multi-Family

32.6%

Mobile Home

3.3%

The median home value in Lake Tomahawk, WI is $195,300. According to Zillow, the home value index for Lake Tomahawk is $317,805. The median rent is $789 per month (Census ACS). About 63.4% of housing units are owner-occupied. The median year homes were built is 1979. There are 181 total housing units.