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 $249,440, higher than the Michigan average of $196,062.
The average cost of rent is $871/mo in Wright, primarily driven by the current value of real estate in the Wright area. While nearly 42.52% of residents own their homes outright in Wright, 6.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wright is $7,795 per month. Households that rent pay about 11.18% of their income on rent here. Wright's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Conklin, MI: less expensive homes
- Alpine, MI: equally priced homes
- Marne, MI: equally priced homes
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- Comstock Park, MI: less expensive homes
- Casnovia, MI: less expensive homes
- Coopersville, MI: less expensive homes
- Lamont, MI: higher priced homes
- Walker, MI: less expensive homes
- Slocum, MI: less expensive homes
Cities with Similar Populations
- Thetford Center, VT: less expensive homes
- Claridge, PA: higher priced homes
- Coloma, IN: less expensive homes
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- Conrad, IA: less expensive homes
- Cuba, AL: less expensive homes
- Dalbo, MN: equally priced homes
- Deer Creek, IL: less expensive homes
- Delight, AR: less expensive homes
- Dellville, PA: less expensive homes
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