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These days, finding an affordable place to live in the Chelan area can be challenging. Home prices in Chelan are now at a median cost of $607,492, lower than the Washington average of $621,115.
The average cost of rent is $1,011/mo in Chelan, primarily driven by the current value of real estate in the Chelan area. In Chelan, 38.63% of households rent, and 50.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelan is $7,047 per month. Households that rent pay about 14.35% of their income on rent here. Chelan’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeside, WA: less expensive homes
- Chelan Falls, WA: less expensive homes
- Manson, WA: equally priced homes
- Orondo, WA: higher priced homes
- Waterville, WA: less expensive homes
- Pateros, WA: less expensive homes
- Entiat, WA: less expensive homes
- Withrow, WA: less expensive homes
- Ardenvoir, WA: less expensive homes
- Mansfield, WA: less expensive homes
Cities with Similar Populations
- Dilley, TX: less expensive homes
- Denmark, WI: less expensive homes
- Derby, NY: less expensive homes
- Derry, PA: less expensive homes
- Richfield, OH: less expensive homes
- Dewey, OK: less expensive homes
- Rice, MN: less expensive homes
- Diana, TX: less expensive homes
- Dickson City, PA: less expensive homes
- DeMarest, NJ: higher priced homes
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