Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wheeler area can be challenging. Home prices in Wheeler are now at a median cost of $106,530, lower than the Michigan average of $196,062.
The average cost of rent is $777/mo in Wheeler, primarily driven by the current value of real estate in the Wheeler area. While nearly 45.84% of residents own their homes outright in Wheeler, 7.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wheeler is $5,098 per month. Households that rent pay about 15.23% of their income on rent here. Wheeler's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Breckenridge, MI: equally priced homes
- Ryan, MI: equally priced homes
- Merrill, MI: higher priced homes
- North Star, MI: higher priced homes
- Rathbone, MI: equally priced homes
- St. Louis, MI: equally priced homes
- Iva, MI: higher priced homes
- St. Elmo, MI: higher priced homes
- Poseyville, MI: higher priced homes
- Hemlock, MI: higher priced homes
Cities with Similar Populations
- Fillmore, NY: less expensive homes
- Sapphire, NC: higher priced homes
- Rucker, CA: higher priced homes
- Rollingwood, TX: higher priced homes
- Reedsville, OH: higher priced homes
- Greenleaf, ID: higher priced homes
- Goodfield, IL: higher priced homes
- Fullerton, NE: less expensive homes
- Franklin, ME: higher priced homes
- Sheffield, PA: equally priced homes
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