Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wales area can be challenging. Home prices in Wales are now at a median cost of $107,600, lower than the North Dakota average of $223,566.
The average cost of rent is $694/mo in Wales, primarily driven by the current value of real estate in the Wales area. While nearly 77.70% of residents own their homes outright in Wales, 9.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wales is $5,990 per month. Households that rent pay about 11.59% of their income on rent here. Wales's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
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