Home prices
The median home in Wadena costs $73,300. In comparison to nearby areas this is approximately $8,120 (9%) lower.In comparison to the US as a whole it is roughly $144,200 (66%) lower, and in comparison to the city of Cedar Rapids is approximately $68,500 (48%) lower.
Rents
In Wadena the median rent is $444 per month. Compared to its surrounding areas this is approximately $120 (21%) lower.It is about $618 (58%) lower compared to the entire country, and it is approximately $323 (42%) lower in comparison to the city of Cedar Rapids.
Nearby places
Volga
Volga is about 5 miles southeast from Wadena. Housing prices there are a little less expensive. The median home value in Volga is $60,000, which works out to $13,300 (22%) lower than Wadena. Rents there are substantially more expensive. The median monthly rent in Volga is $692, which comes out to $248 (35%) higher than Wadena.
Arlington
Arlington is approximately 5 miles south of Wadena. Its housing prices are somewhat more expensive. The median home in Arlington is valued at $81,100, which comes out to $7,800 (9%) higher than Wadena. Rent there is somewhat less expensive. Arlington's median monthly rent is $419, which works out to $25 (5%) lower than Wadena.
Fayette
Fayette is roughly 6 miles west of Wadena. The real estate prices there are a little more expensive. The median home value in Fayette is $86,100, which works out to $12,800 (14%) higher than Wadena. Rent there is a bit more expensive. In Fayette the median rent is $651 per month, which comes out to $207 (31%) higher than Wadena.
Elgin
Elgin is approximately 7 miles north from Wadena. Its real estate prices are a little more expensive. The median home in Elgin costs $79,500, which works out to $6,200 (7%) higher than Wadena. The rent there is a little more expensive. The median rent in Elgin is $518 per month, which is $74 (14%) higher than Wadena.
West Union
West Union is roughly 10 miles northwest of Wadena. The real estate prices there are a little more expensive. The median home in West Union is valued at $100,400, which works out to $27,100 (26%) higher than Wadena. Rent there is somewhat more expensive. The median monthly rent in West Union is $538, which comes out to $94 (17%) higher than Wadena.
