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These days, finding an affordable place to live in the Wabash area can be challenging. Home prices in Wabash are now at a median cost of $156,697, lower than the Indiana average of $232,932.
The average cost of rent is $761/mo in Wabash, primarily driven by the current value of real estate in the Wabash area. In Wabash, 24.68% of households rent, and 40.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wabash is $5,905 per month. Households that rent pay about 12.88% of their income on rent here. Wabash’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valley Brook, IN: higher priced homes
- Servia, IN: equally priced homes
- Treaty, IN: higher priced homes
- Richvalley, IN: higher priced homes
- Lagro, IN: higher priced homes
- Urbana, IN: equally priced homes
- Somerset, IN: equally priced homes
- Peoria, IN: higher priced homes
- Roann, IN: equally priced homes
- La Fontaine, IN: equally priced homes
Cities with Similar Populations
- Sumner, WA: higher priced homes
- Eufaula, AL: less expensive homes
- Evanston, WY: higher priced homes
- Excelsior Springs, MO: higher priced homes
- Exeter, CA: higher priced homes
- Fair Oaks, GA: higher priced homes
- Finneytown, OH: higher priced homes
- Fleetwood, PA: higher priced homes
- Florence, OR: higher priced homes
- St. Ann, MO: less expensive homes
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