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Affordable
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These days, finding an affordable place to live in the Wheaton area can be challenging. Home prices in Wheaton are now at a median cost of $478,788, higher than the Illinois average of $300,242.
The average cost of rent is $1,865/mo in Wheaton, primarily driven by the current value of real estate in the Wheaton area. In Wheaton, 25.53% of households rent, and 31.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wheaton is $11,601 per month. Households that rent pay about 16.08% of their income on rent here. Wheaton’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glen Ellyn, IL: equally priced homes
- Winfield, IL: less expensive homes
- Glendale Heights, IL: less expensive homes
- Carol Stream, IL: less expensive homes
- Warrenville, IL: less expensive homes
- Lombard, IL: less expensive homes
- Lisle, IL: less expensive homes
- West Chicago, IL: less expensive homes
- Bloomingdale, IL: less expensive homes
- Wayne Center, IL: less expensive homes
Cities with Similar Populations
- Woodbridge, VA: equally priced homes
- Pocatello, ID: less expensive homes
- Rosemead, CA: higher priced homes
- Stillwater, OK: less expensive homes
- Venice, FL: equally priced homes
- Kettering, OH: less expensive homes
- Huntsville, TX: less expensive homes
- Houma, LA: less expensive homes
- Goleta, CA: higher priced homes
- Garner, NC: less expensive homes
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