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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 $236,655, lower than the Minnesota average of $345,793.
The average cost of rent is $607/mo in Wright, primarily driven by the current value of real estate in the Wright area. In Wright, 18.69% of households rent, and 38.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wright is $6,300 per month. Households that rent pay about 9.63% of their income on rent here. Wright’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cromwell, MN: equally priced homes
- Tamarack, MN: equally priced homes
- Sheshebee, MN: higher priced homes
- Kettle River, MN: equally priced homes
- Sawyer, MN: equally priced homes
- McGregor, MN: equally priced homes
- Lawler, MN: equally priced homes
- Floodwood, MN: less expensive homes
- Minnewawa, MN: higher priced homes
- Brookston, MN: equally priced homes
Cities with Similar Populations
- Wilcox, TX: less expensive homes
- Bruner, MO: equally priced homes
- Bryantsville, IN: less expensive homes
- Buchanan Lake Village, TX: equally priced homes
- Walmsley, VA: less expensive homes
- Wardsboro, VT: higher priced homes
- West Point, OH: less expensive homes
- White Plains, VA: less expensive homes
- Whitesville, WV: less expensive homes
- Whitworth, GA: less expensive homes
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