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Affordable
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These days, finding an affordable place to live in the Wellington area can be challenging. Home prices in Wellington are now at a median cost of $102,459, lower than the Texas average of $322,096.
The average cost of rent is $695/mo in Wellington, primarily driven by the current value of real estate in the Wellington area. In Wellington, 29.85% of households rent, and 68.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wellington is $5,425 per month. Households that rent pay about 12.82% of their income on rent here. Wellington’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Samnorwood, TX: higher priced homes
- Rolla, TX: higher priced homes
- Quail, TX: higher priced homes
- Dodson, TX: higher priced homes
- Vinson, OK: higher priced homes
- McKnight, OK: higher priced homes
- Memphis, TX: less expensive homes
- Hedley, TX: less expensive homes
- Reed, OK: higher priced homes
- Lelia Lake, TX: less expensive homes
Cities with Similar Populations
- Stinnett, TX: higher priced homes
- Concho, AZ: equally priced homes
- Conneaut Lake, PA: higher priced homes
- Deming, WA: higher priced homes
- Due West, SC: higher priced homes
- Dunsmuir, CA: higher priced homes
- Edgemoor, SC: higher priced homes
- Elizabeth, WV: equally priced homes
- Fountain City, WI: higher priced homes
- Lisle, NY: higher priced homes
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