Much like other places in this area, it's substantially less expensive compared to the country as a whole. Compared to the city of Champaign, it is significantly less expensive.
Home prices
The price of the median home in Wapella is $88,700. In comparison to its surrounding areas this is about $4,280 (4%) lower.It is approximately $128,800 (59%) lower in comparison to the entire nation, and compared to the city of Champaign it is roughly $73,100 (45%) lower.
Rents
The median monthly rent in Wapella is $678. It is roughly $24 (3%) higher compared to other places in this area.Compared to the entire nation it is roughly $384 (36%) lower, and it is roughly $274 (28%) lower in comparison to the city of Champaign.
Nearby places
Clinton
Clinton is approximately 5 miles south of Wapella. Real estate prices there are a little less expensive. The median home cost in Clinton is $82,100, which works out to $6,600 (8%) lower than Wapella. The rent there is somewhat less expensive. Clinton's median monthly rent is $563, which is $115 (20%) lower than Wapella.
Heyworth
Heyworth is about 6 miles north of Wapella. The real estate prices there are a lot more expensive. The price of the median home in Heyworth is $158,600, which comes out to $69,900 (44%) higher than Wapella. Rents there are pretty similar. In Heyworth the median monthly rent is $713, which is $35 (4%) higher than Wapella.
Waynesville
Waynesville is roughly 7 miles west from Wapella. The housing prices there are a bit less expensive. The median home in Waynesville costs $73,700, which is $15,000 (20%) lower than Wapella. The rent there is a bit more expensive. Waynesville's median monthly rent is $730, which comes out to $52 (7%) higher than Wapella.
De Witt
De Witt is roughly 8 miles east of Wapella. The housing prices there are pretty similar. The price of the median home in De Witt is $84,500, which is $4,200 (4%) lower than Wapella. Rents there are somewhat less expensive. De Witt's median monthly rent is $625, which works out to $53 (8%) lower than Wapella.
Kenney
Kenney is approximately 10 miles southwest from Wapella. Housing prices there are significantly less expensive. The cost of the median home in Kenney is $66,000, which works out to $22,700 (34%) lower than Wapella. Rent there is a bit less expensive. Kenney's median rent is $638 a month, which works out to $40 (6%) lower than Wapella.