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Affordable
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These days, finding an affordable place to live in the Wayland area can be challenging. Home prices in Wayland are now at a median cost of $139,284, lower than the Missouri average of $246,641.
The average cost of rent is $693/mo in Wayland, primarily driven by the current value of real estate in the Wayland area. In Wayland, 11.74% of households rent, and 87.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wayland is $3,398 per month. Households that rent pay about 20.39% of their income on rent here. Wayland’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Francisville, MO: equally priced homes
- Clark City, MO: higher priced homes
- St. Patrick, MO: higher priced homes
- Kahoka, MO: less expensive homes
- Alexandria, MO: equally priced homes
- Mooar, IA: higher priced homes
- Revere, MO: higher priced homes
- Charleston, IA: higher priced homes
- Warsaw, IL: less expensive homes
- Summitville, IA: higher priced homes
Cities with Similar Populations
- Scanlon, MN: higher priced homes
- Lake Benton, MN: higher priced homes
- Lakehead, CA: higher priced homes
- Long Beach, MN: higher priced homes
- Los Saenz, TX: less expensive homes
- Lowden, IA: higher priced homes
- Marblehead, OH: higher priced homes
- Mars Hill, ME: higher priced homes
- Salem, NM: less expensive homes
- Sandy Point, TX: higher priced homes
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