Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wallace area can be challenging. Home prices in Wallace are now at a median cost of $166,500, lower than the Louisiana average of $194,522.
The average cost of rent is $620/mo in Wallace, primarily driven by the current value of real estate in the Wallace area. While nearly 42.82% of residents own their homes outright in Wallace, 27.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wallace is $5,241 per month. Households that rent pay about 11.83% of their income on rent here. Wallace's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lutcher, LA: equally priced homes
- Gramercy, LA: higher priced homes
- North Vacherie, LA: less expensive homes
- Mount Airy, LA: less expensive homes
- Paulina, LA: higher priced homes
- Garyville, LA: less expensive homes
- Grand Point, LA: higher priced homes
- Vacherie, LA: less expensive homes
- Edgard, LA: less expensive homes
- Hester, LA: equally priced homes
Cities with Similar Populations
- Laketown, UT: higher priced homes
- Stones Mill, VA: less expensive homes
- Stolletown, IL: higher priced homes
- Sterling Forest, NY: higher priced homes
- Llewellyn, PA: less expensive homes
- Lisbon, AR: equally priced homes
- Lehman, PA: higher priced homes
- Lehigh, IL: higher priced homes
- Lebo, MO: equally priced homes
- Lawrence, NC: less expensive homes
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