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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 $336,267, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,159/mo in Wales, primarily driven by the current value of real estate in the Wales area. While nearly 26.55% of residents own their homes outright in Wales, 14.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wales is $8,447 per month. Households that rent pay about 13.72% of their income on rent here. Wales's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
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