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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 $159,659, lower than the Iowa average of $226,062.
The average cost of rent is $717/mo in Wright, primarily driven by the current value of real estate in the Wright area. In Wright, 19.70% of households rent, and 56.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wright is $6,106 per month. Households that rent pay about 11.74% of their income on rent here. Wright’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar, IA: equally priced homes
- Keomah Village, IA: higher priced homes
- University Park, IA: equally priced homes
- Oskaloosa, IA: equally priced homes
- Fremont, IA: less expensive homes
- Kirkville, IA: higher priced homes
- Beacon, IA: less expensive homes
- Rose Hill, IA: higher priced homes
- Eddyville, IA: less expensive homes
- Indianapolis, IA: higher priced homes
Cities with Similar Populations
- Cotton Lake, TN: less expensive homes
- Collins, AR: less expensive homes
- Collista, KY: less expensive homes
- Coltons Mill, VA: higher priced homes
- Woods, ND: higher priced homes
- Cominto, AR: less expensive homes
- Woodrow, PA: higher priced homes
- Coolspring, PA: equally priced homes
- Coopersville, PA: higher priced homes
- Wolford, ND: less expensive homes
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