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These days, finding an affordable place to live in the Chelan Falls area can be challenging. Home prices in Chelan Falls are now at a median cost of $463,161, lower than the Washington average of $621,115.
The average cost of rent is $948/mo in Chelan Falls, primarily driven by the current value of real estate in the Chelan Falls area. In Chelan Falls, 42.72% of households rent, and 69.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelan Falls is $7,965 per month. Households that rent pay about 11.90% of their income on rent here. Chelan Falls’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chelan, WA: higher priced homes
- Lakeside, WA: equally priced homes
- Manson, WA: higher priced homes
- Orondo, WA: higher priced homes
- Withrow, WA: less expensive homes
- Waterville, WA: less expensive homes
- Pateros, WA: less expensive homes
- Mansfield, WA: less expensive homes
- Entiat, WA: less expensive homes
- Ardenvoir, WA: less expensive homes
Cities with Similar Populations
- Wood Heights, MO: less expensive homes
- Tiki Island, TX: higher priced homes
- Canyon City, OR: less expensive homes
- Drakesville, IA: less expensive homes
- Texhoma, OK: less expensive homes
- Colebrook, OH: less expensive homes
- White Deer, TX: less expensive homes
- Alpena Junction, MI: less expensive homes
- Albion, WA: less expensive homes
- Montrose, IL: less expensive homes
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