The Most Affordable Neighborhoods in Wheatland, IA by Home Value

These days, finding an affordable place to live in the Wheatland area can be challenging. Home prices in Wheatland are now at a median cost of $171,248, lower than the Iowa average of $226,062.

The average cost of rent is $984/mo in Wheatland, primarily driven by the current value of real estate in the Wheatland area. In Wheatland, 17.79% of households rent, and 35.29% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wheatland is $4,697 per month. Households that rent pay about 20.96% of their income on rent here. Wheatland’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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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