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These days, finding an affordable place to live in the Wellston area can be challenging. Home prices in Wellston are now at a median cost of $158,961, lower than the Michigan average of $250,415.
The average cost of rent is $850/mo in Wellston, primarily driven by the current value of real estate in the Wellston area. In Wellston, 9.50% of households rent, and 46.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wellston is $5,264 per month. Households that rent pay about 16.14% of their income on rent here. Wellston’s most expensive areas are in the northwestern 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
- Irons, MI: equally priced homes
- Brethren, MI: equally priced homes
- Hoxeyville, MI: equally priced homes
- Peacock, MI: equally priced homes
- Kaleva, MI: equally priced homes
- Harrietta, MI: less expensive homes
- Harrison Beach, MI: equally priced homes
- Yuma, MI: less expensive homes
- Norwalk, MI: higher priced homes
- Newland, MI: higher priced homes
Cities with Similar Populations
- Hauser, ID: higher priced homes
- Rices Landing, PA: less expensive homes
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- Marcus, IA: higher priced homes
- Lynchs Corner, NC: higher priced homes
- Love, MS: higher priced homes
- Lost Creek, WV: equally priced homes
- Leesville, TX: higher priced homes
- Kimper, KY: less expensive homes
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