Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Wallace Woods area can be challenging. Home prices in Wallace Woods are now at a median cost of $165,752, lower than the Covington average of $245,411.
The average cost of rent is $1,136/mo in Wallace Woods, primarily driven by the current value of real estate in the Wallace Woods area. In Wallace Woods, 55.16% of households rent, and 42.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wallace Woods is $4,531 per month. Households that rent pay about 25.08% of their income on rent here. Wallace Woods’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Central Business District, Cincinnati, OH: higher priced homes
- Over-the-Rhine, Cincinnati, OH: higher priced homes
- West End, Cincinnati, OH: higher priced homes
- Mount Auburn, Cincinnati, OH: higher priced homes
- Walnut Hills, Cincinnati, OH: higher priced homes
- East Price Hill, Cincinnati, OH: less expensive homes
- Cuf, Cincinnati, OH: higher priced homes
- Corryville, Cincinnati, OH: higher priced homes
- South Fairmount, Cincinnati, OH: less expensive homes
- Avondale, Cincinnati, OH: higher priced homes
Neighborhoods with Similar Populations
- Trestle Glen, Oakland, CA: higher priced homes
- Grider, Buffalo, NY: less expensive homes
- Hamlin Park, Buffalo, NY: equally priced homes
- Jacksonville Farms-Terrace, Jacksonville, FL: higher priced homes
- Kendrick, Waco, TX: equally priced homes
- Leschi, Seattle, WA: higher priced homes
- Lower Beaver, Des Moines, IA: higher priced homes
- Matthews Beach, Seattle, WA: higher priced homes
- Balboa, Spokane, WA: higher priced homes
- Mount Lookout, Cincinnati, OH: higher priced homes
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