Much like the surrounding areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Cedar Rapids, it's significantly less expensive.
Home prices
The value of the median home in Wayland is $91,000. It is is very similar in comparison to its surrounding areas.Compared to the US as a whole it is about $126,500 (58%) lower, and it is approximately $50,800 (35%) lower in comparison to the city of Cedar Rapids.
Rents
The median monthly rent in Wayland is $514. This is approximately $210 (29%) lower in comparison to the surrounding areas.In comparison to the United States as a whole it is roughly $548 (51%) lower, and compared to the city of Cedar Rapids it is approximately $253 (32%) lower.
Nearby places
Olds
Olds is roughly 5 miles east of Wayland. The real estate prices there are a little more expensive. The value of the median home in Olds is $103,000, which is $12,000 (11%) higher than Wayland. Its rents are somewhat more expensive. Olds's median rent is $629 a month, which is $115 (18%) higher than Wayland.
Crawfordsville
Crawfordsville is approximately 6 miles northeast of Wayland. The housing prices there are somewhat less expensive. The median home value in Crawfordsville is $75,000, which is $16,000 (21%) lower than Wayland. Its rents are a lot more expensive. In Crawfordsville the median monthly rent is $779, which comes out to $265 (34%) higher than Wayland.
Brighton
Brighton is about 7 miles west from Wayland. Housing prices there are somewhat less expensive. The median home in Brighton is valued at $70,700, which works out to $20,300 (28%) lower than Wayland. Rent there is a lot more expensive. Brighton's median monthly rent is $775, which is $261 (33%) higher than Wayland.
Winfield
Winfield is roughly 9 miles east from Wayland. Its housing prices are pretty similar. Winfield's median home price is $93,000, which is $2,000 (2%) higher than Wayland. Rent there is a bit more expensive. The median monthly rent in Winfield is $639, which comes out to $125 (19%) higher than Wayland.
Washington
Washington is roughly 10 miles north from Wayland. Housing prices there are a little more expensive. Washington's median home cost is $116,900, which is $25,900 (22%) higher than Wayland. Rent there is significantly more expensive. In Washington the median rent is $798 a month, which comes out to $284 (35%) higher than Wayland.