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Affordable
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These days, finding an affordable place to live in the Wainola area can be challenging. Home prices in Wainola are now at a median cost of $113,700, lower than the Michigan average of $250,415.
The average cost of rent is $600/mo in Wainola, primarily driven by the current value of real estate in the Wainola area. In Wainola, 6.32% of households rent, and 68.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wainola is $4,741 per month. Households that rent pay about 12.65% of their income on rent here. Wainola’s most expensive areas are in the eastern 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
- Mass City, MI: equally priced homes
- Nisula, MI: equally priced homes
- Greenland, MI: less expensive homes
- Winona, MI: higher priced homes
- Rockland, MI: less expensive homes
- White, MI: equally priced homes
- North Paynesville, MI: equally priced homes
- Twin Lakes, MI: higher priced homes
- Ontonagon, MI: equally priced homes
- Paynesville, MI: higher priced homes
Cities with Similar Populations
- Milton, ND: less expensive homes
- Acacia Villas, FL: equally priced homes
- Menauhant, MA: higher priced homes
- Menfro, MO: higher priced homes
- Mentone, TX: higher priced homes
- Meridian, PA: higher priced homes
- Mermet, IL: higher priced homes
- Metcalf Gap, TX: higher priced homes
- Methuen, MA: higher priced homes
- Meyers Chuck, AK: higher priced homes
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