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Affordable
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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 $150,554, lower than the Texas average of $322,096.
The average cost of rent is $1,000/mo in Wheeler, primarily driven by the current value of real estate in the Wheeler area. In Wheeler, 25.74% of households rent, and 77.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wheeler is $5,457 per month. Households that rent pay about 18.33% of their income on rent here. Wheeler’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
- Briscoe, TX: equally priced homes
- Twitty, TX: less expensive homes
- Mobeetie, TX: less expensive homes
- Pakan, TX: less expensive homes
- Sweetwater, OK: higher priced homes
- Laketon, TX: higher priced homes
- Dempsey, OK: higher priced homes
- Alanreed, TX: higher priced homes
- Grimes, OK: higher priced homes
- New Liberty, OK: less expensive homes
Cities with Similar Populations
- Taylors Falls, MN: higher priced homes
- Thorp, WA: higher priced homes
- Baxter, TX: higher priced homes
- Bennet, NE: higher priced homes
- Gallaway, TN: higher priced homes
- Big Flats, NY: higher priced homes
- Fosston, MN: higher priced homes
- Boothbay, ME: higher priced homes
- Brinson, GA: less expensive homes
- Brogue, PA: higher priced homes
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