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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 $115,281, lower than the Minnesota average of $345,793.
The average cost of rent is $765/mo in Wheaton, primarily driven by the current value of real estate in the Wheaton area. In Wheaton, 20.69% of households rent, and 62.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wheaton is $4,613 per month. Households that rent pay about 16.59% of their income on rent here. Wheaton’s most expensive areas are in the northern 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.
Nearby Cities
- Dumont, MN: higher priced homes
- Rosholt, SD: higher priced homes
- Tintah, MN: higher priced homes
- Norcross, MN: higher priced homes
- Bonanza Grove, MN: higher priced homes
- Tenney, MN: higher priced homes
- Victor, SD: higher priced homes
- Barry, MN: higher priced homes
- Graceville, MN: higher priced homes
- Fairmount, ND: higher priced homes
Cities with Similar Populations
- Tishomingo, MS: higher priced homes
- Gordonsville, TN: higher priced homes
- Grand Rivers, KY: higher priced homes
- Greenbush, MI: higher priced homes
- Hagerman, NM: higher priced homes
- Harts, WV: less expensive homes
- Hazelhurst, WI: higher priced homes
- Hydro, OK: higher priced homes
- Idria, CA: higher priced homes
- Jackson Center, OH: higher priced homes
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