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 $213,928, lower than the Utah average of $361,191.
The average cost of rent is $731/mo in Wales, primarily driven by the current value of real estate in the Wales area. While nearly 33.25% of residents own their homes outright in Wales, 18.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wales is $5,078 per month. Households that rent pay about 14.41% of their income on rent here. Wales's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
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