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Affordable
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These days, finding an affordable place to live in the Albert City area can be challenging. Home prices in Albert City are now at a median cost of $105,934, lower than the Iowa average of $226,062.
The average cost of rent is $778/mo in Albert City, primarily driven by the current value of real estate in the Albert City area. In Albert City, 15.53% of households rent, and 66.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albert City is $6,527 per month. Households that rent pay about 11.92% of their income on rent here. Albert City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marathon, IA: equally priced homes
- Laurens, IA: less expensive homes
- Varina, IA: higher priced homes
- Ware, IA: higher priced homes
- Newell, IA: higher priced homes
- Rembrandt, IA: higher priced homes
- Sulphur Springs, IA: higher priced homes
- Webb, IA: higher priced homes
- Havelock, IA: less expensive homes
- Truesdale, IA: higher priced homes
Cities with Similar Populations
- Shirley, MO: higher priced homes
- Hackberry, LA: higher priced homes
- Neeley, ID: higher priced homes
- Yale, WA: higher priced homes
- Sidney, ME: higher priced homes
- Piketown, PA: higher priced homes
- Mack, CO: higher priced homes
- Dixon, NM: higher priced homes
- Wallen, IN: higher priced homes
- Gulliver, MI: higher priced homes
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