Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wakeland area can be challenging. Home prices in Wakeland are now at a median cost of $204,432, higher than the Indiana average of $175,617.
The average cost of rent is $882/mo in Wakeland, primarily driven by the current value of real estate in the Wakeland area. While nearly 28.67% of residents own their homes outright in Wakeland, 15.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wakeland is $7,561 per month. Households that rent pay about 11.66% of their income on rent here. Wakeland's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Plano, IN: equally priced homes
- Paragon, IN: less expensive homes
- Quincy, IN: less expensive homes
- Browns Crossing, IN: less expensive homes
- Whitaker, IN: less expensive homes
- Eminence, IN: less expensive homes
- McDaniel, IN: less expensive homes
- Monrovia, IN: less expensive homes
- Martinsville, IN: equally priced homes
- Centerton, IN: higher priced homes
Cities with Similar Populations
- Magnet Cove, AR: less expensive homes
- Meade, OH: less expensive homes
- McKittrick, MO: less expensive homes
- McHue, AR: less expensive homes
- McClelland, IA: higher priced homes
- Mc Lean, NY: less expensive homes
- Maupin, OR: equally priced homes
- Mather, PA: less expensive homes
- Matheny, WV: less expensive homes
- Mashulaville, MS: less expensive homes
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