Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wadena area can be challenging. Home prices in Wadena are now at a median cost of $91,132, lower than the Iowa average of $182,666.
The average cost of rent is $623/mo in Wadena, primarily driven by the current value of real estate in the Wadena area. While nearly 58.79% of residents own their homes outright in Wadena, 16.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wadena is $4,863 per month. Households that rent pay about 12.81% of their income on rent here. Wadena's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lima, IA: equally priced homes
- Volga, IA: higher priced homes
- Arlington, IA: higher priced homes
- Fayette, IA: equally priced homes
- Elgin, IA: equally priced homes
- Osborne, IA: higher priced homes
- Gunder, IA: higher priced homes
- Maryville, IA: higher priced homes
- Clermont, IA: higher priced homes
- West Union, IA: higher priced homes
Cities with Similar Populations
- Rhodesville, AL: higher priced homes
- Mixon, AR: equally priced homes
- Money Creek, MN: higher priced homes
- Monroe Junction, WA: higher priced homes
- Montclair, IN: higher priced homes
- Montour, ID: higher priced homes
- Moore Station, TX: higher priced homes
- Moulton, OH: higher priced homes
- Rhodes, MS: higher priced homes
- Mills, PA: higher priced homes
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