The Most Affordable Neighborhoods in Wood Lake, NE by Home Value

 

Wood Lake, NE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wood Lake area can be challenging. Home prices in Wood Lake are now at a median cost of $207,559, higher than the Nebraska average of $188,542.

The average cost of rent is $698/mo in Wood Lake, primarily driven by the current value of real estate in the Wood Lake area. While nearly 77.79% of residents own their homes outright in Wood Lake, 53.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wood Lake is $4,328 per month. Households that rent pay about 16.12% of their income on rent here. Wood Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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