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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 $311,637, lower than the New York average of $610,895.
The average cost of rent is $1,046/mo in Wayne, primarily driven by the current value of real estate in the Wayne area. In Wayne, 5.41% of households rent, and 62.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wayne is $7,315 per month. Households that rent pay about 14.29% of their income on rent here. Wayne’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Lewiston, AL: less expensive homes
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