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These days, finding an affordable place to live in the Wapella area can be challenging. Home prices in Wapella are now at a median cost of $159,317, lower than the Illinois average of $300,242.
The average cost of rent is $908/mo in Wapella, primarily driven by the current value of real estate in the Wapella area. In Wapella, 11.45% of households rent, and 49.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wapella is $7,109 per month. Households that rent pay about 12.78% of their income on rent here. Wapella’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clinton, IL: less expensive homes
- Heyworth, IL: higher priced homes
- Jenkins, IL: equally priced homes
- Ospur, IL: higher priced homes
- Waynesville, IL: equally priced homes
- Lane, IL: equally priced homes
- Dewitt, IL: higher priced homes
- Randolph, IL: higher priced homes
- Midland City, IL: less expensive homes
- Kenney, IL: less expensive homes
Cities with Similar Populations
- Red Oak, VA: less expensive homes
- Matthews, IN: less expensive homes
- Mayport, PA: equally priced homes
- McDonald Chapel, AL: less expensive homes
- McDonald, NC: less expensive homes
- McKey, OK: equally priced homes
- Melvern, KS: higher priced homes
- Middlebrook, VA: higher priced homes
- Molloy, AL: less expensive homes
- Monticello, TX: higher priced homes
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