Home Price Key
Affordable
Average
Expensive
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 $689,735, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,866/mo in Wayne, primarily driven by the current value of real estate in the Wayne area. While nearly 41.42% of residents own their homes outright in Wayne, 32.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wayne is $12,914 per month. Households that rent pay about 14.45% of their income on rent here. Wayne's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Devon, PA: equally priced homes
- King of Prussia, PA: less expensive homes
- Villanova, PA: higher priced homes
- Chesterbrook, PA: less expensive homes
- West Conshohocken, PA: less expensive homes
- Bryn Mawr, PA: less expensive homes
- Bridgeport, PA: less expensive homes
- Berwyn, PA: less expensive homes
- Conshohocken, PA: less expensive homes
- Audubon, PA: less expensive homes
Cities with Similar Populations
- Drexel Heights, AZ: less expensive homes
- Flushing, MI: less expensive homes
- Ferndale, WA: less expensive homes
- Farmington, NM: less expensive homes
- Enfield, CT: less expensive homes
- El Sobrante, CA: less expensive homes
- El Dorado, AR: less expensive homes
- El Cerrito, CA: higher priced homes
- Edgewater, CO: less expensive homes
- East Chicago, IN: less expensive homes
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