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Affordable
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These days, finding an affordable place to live in the Waveland area can be challenging. Home prices in Waveland are now at a median cost of $154,996, lower than the Indiana average of $232,932.
The average cost of rent is $767/mo in Waveland, primarily driven by the current value of real estate in the Waveland area. In Waveland, 7.31% of households rent, and 33.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waveland is $8,032 per month. Households that rent pay about 9.54% of their income on rent here. Waveland’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
- Deer Mill, IN: higher priced homes
- Milligan, IN: higher priced homes
- Guion, IN: higher priced homes
- Russellville, IN: higher priced homes
- Marshall, IN: equally priced homes
- Alamo, IN: equally priced homes
- Portland Mills, IN: higher priced homes
- Parkersburg, IN: higher priced homes
- Wallace, IN: equally priced homes
- Nyesville, IN: higher priced homes
Cities with Similar Populations
- Steamboat Canyon, AZ: less expensive homes
- Laytonsville, MD: higher priced homes
- Le Grand, IA: equally priced homes
- Leeton, MO: higher priced homes
- Lodi, NY: higher priced homes
- South Liberty, TX: higher priced homes
- South Riley, MI: higher priced homes
- Spring Creek, TN: higher priced homes
- Star, MS: higher priced homes
- Lanark Village, FL: higher priced homes
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