Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wright area can be challenging. Home prices in Wright are now at a median cost of $222,200, higher than the Alabama average of $185,232.
The average cost of rent is $701/mo in Wright, primarily driven by the current value of real estate in the Wright area. While nearly 88.05% of residents own their homes outright in Wright, 13.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wright is $3,457 per month. Households that rent pay about 20.28% of their income on rent here. Wright's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Waterloo, AL: less expensive homes
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- Threet, AL: less expensive homes
- Walnut Grove, TN: less expensive homes
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Cities with Similar Populations
- Wolf Lick, KY: less expensive homes
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- Banida, ID: equally priced homes
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- Bartow, WV: less expensive homes
- Bay City, WA: less expensive homes
- Belmont, KS: less expensive homes
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