The Most Affordable Neighborhoods in Wells River, VT by Home Value

 

Wells River, VT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wells River area can be challenging. Home prices in Wells River are now at a median cost of $270,731, lower than the Vermont average of $340,025.

The average cost of rent is $1,062/mo in Wells River, primarily driven by the current value of real estate in the Wells River area. In Wells River, 23.66% of households rent, and 46.01% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wells River is $5,153 per month. Households that rent pay about 20.62% of their income on rent here. Wells River’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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