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These days, finding an affordable place to live in the Mead area can be challenging. Home prices in Mead are now at a median cost of $471,698, lower than the Washington average of $621,115.
The average cost of rent is $1,450/mo in Mead, primarily driven by the current value of real estate in the Mead area. In Mead, 9.11% of households rent, and 43.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mead is $7,965 per month. Households that rent pay about 18.21% of their income on rent here. Mead’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Green Bluff, WA: higher priced homes
- Colbert, WA: higher priced homes
- Country Homes, WA: equally priced homes
- Millwood, WA: less expensive homes
- Peone, WA: equally priced homes
- Spokane, WA: less expensive homes
- Chattaroy, WA: equally priced homes
- Denison, WA: equally priced homes
- Spokane Valley, WA: less expensive homes
- Seven Mile, WA: higher priced homes
Cities with Similar Populations
- Adel, IA: less expensive homes
- Aguirre, PR: less expensive homes
- Ahoskie, NC: less expensive homes
- Alexandria, IN: less expensive homes
- Alliance, NE: less expensive homes
- Arizona City, AZ: less expensive homes
- Paulsboro, NJ: less expensive homes
- Philipsburg, PA: less expensive homes
- Perryton, TX: less expensive homes
- Perry, IA: less expensive homes
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