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Affordable
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These days, finding an affordable place to live in the Wayne area can be challenging. Home prices in Wayne are now at a median cost of $77,000, lower than the Alabama average of $228,911.
The average cost of rent is $920/mo in Wayne, primarily driven by the current value of real estate in the Wayne area. In Wayne, 12.46% of households rent, and 60.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wayne is $4,788 per month. Households that rent pay about 19.22% of their income on rent here. Wayne’s most expensive areas are in the central 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
- Dixons Mills, AL: higher priced homes
- Sweet Water, AL: less expensive homes
- Exmoor, AL: less expensive homes
- Miller, AL: higher priced homes
- Magnolia, AL: higher priced homes
- Clayhill, AL: equally priced homes
- Nanafalia, AL: less expensive homes
- Octagon, AL: higher priced homes
- Vineland, AL: less expensive homes
- Pope, AL: less expensive homes
Cities with Similar Populations
- Kaanapali, HI: higher priced homes
- Strawberry, AL: higher priced homes
- Steenson Hollow, AL: higher priced homes
- Stanfield, TX: higher priced homes
- South Jefferson, NY: higher priced homes
- Laneheart, MS: equally priced homes
- Klondike, IL: less expensive homes
- Kendall Grove, VA: higher priced homes
- Kempville, TN: higher priced homes
- Kemp, KY: higher priced homes
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