Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wheeling area can be challenging. Home prices in Wheeling are now at a median cost of $252,833, higher than the Illinois average of $242,002.
The average cost of rent is $1,529/mo in Wheeling, primarily driven by the current value of real estate in the Wheeling area. While nearly 39.53% of residents own their homes outright in Wheeling, 34.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wheeling is $6,647 per month. Households that rent pay about 23.00% of their income on rent here. Wheeling's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Prospect Heights, IL: less expensive homes
- Buffalo Grove, IL: higher priced homes
- Riverwoods, IL: higher priced homes
- Arlington Heights, IL: higher priced homes
- Lincolnshire, IL: higher priced homes
- Deerfield, IL: higher priced homes
- Northbrook, IL: higher priced homes
- Mount Prospect, IL: higher priced homes
- Bannockburn, IL: higher priced homes
- Palatine, IL: equally priced homes
Cities with Similar Populations
- West Fargo, ND: higher priced homes
- Linton Hall, VA: higher priced homes
- South Valley, NM: less expensive homes
- Summit, AZ: less expensive homes
- Temple City, CA: higher priced homes
- Vicksburg, MS: less expensive homes
- Villa Rica, GA: less expensive homes
- Wenatchee, WA: higher priced homes
- Danville, IL: less expensive homes
- Cullman, AL: less expensive homes
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