Similar to its surrounding areas, it is substantially less expensive compared to the nation as a whole. Compared to the city of Champaign, it's substantially less expensive.
Home prices
The median home cost in Waveland is $74,600. This is is very similar in comparison to other places in this area.Compared to the entire country it is about $142,900 (65%) lower, and compared to the city of Champaign is approximately $87,200 (53%) lower.
Rents
The median rent in Waveland is $842 a month. This is roughly $34 (3%) lower in comparison to the surrounding areas.It is about $220 (20%) lower compared to the United States as a whole, and in comparison to the city of Champaign it is approximately $110 (11%) lower.
Nearby places
Russellville
Russellville is approximately 3 miles southeast of Waveland. The housing prices there are somewhat less expensive. The median home in Russellville costs $66,800, which comes out to $7,800 (11%) lower than Waveland. Rent there is somewhat more expensive. Russellville's median monthly rent is $1,050, which comes out to $208 (19%) higher than Waveland.
Marshall
Marshall is roughly 6 miles west from Waveland. The real estate prices there are similar. The median home in Marshall costs $75,700, which works out to $1,100 (1%) higher than Waveland. Its rents are somewhat more expensive. Marshall's median monthly rent is $1,063, which is $221 (20%) higher than Waveland.
New Market
New Market is approximately 7 miles northeast of Waveland. Real estate prices there are a little more expensive. The value of the median home in New Market is $92,300, which comes out to $17,700 (19%) higher than Waveland. Rent there is fairly similar. New Market's median rent is $867 per month, which comes out to $25 (2%) higher than Waveland.
Bloomingdale
Bloomingdale is roughly 9 miles west of Waveland. Real estate prices there are a bit less expensive. Bloomingdale's median home price is $57,500, which comes out to $17,100 (29%) lower than Waveland. The rent there is somewhat less expensive. The median monthly rent in Bloomingdale is $750, which comes out to $92 (12%) lower than Waveland.
Rockville
Rockville is approximately 11 miles southwest from Waveland. Housing prices there are a bit more expensive. Rockville's median home price is $82,600, which is $8,000 (9%) higher than Waveland. Rent there is somewhat less expensive. The median rent in Rockville is $648 per month, which works out to $194 (29%) lower than Waveland.
