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These days, finding an affordable place to live in the Albia area can be challenging. Home prices in Albia are now at a median cost of $139,495, lower than the Iowa average of $226,062.
The average cost of rent is $845/mo in Albia, primarily driven by the current value of real estate in the Albia area. In Albia, 22.87% of households rent, and 47.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albia is $5,747 per month. Households that rent pay about 14.71% of their income on rent here. Albia’s most expensive areas are in the southeastern 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
- Hiteman, IA: higher priced homes
- Avery, IA: higher priced homes
- Georgetown, IA: equally priced homes
- Lovilia, IA: higher priced homes
- Moravia, IA: equally priced homes
- Dudley, IA: higher priced homes
- Blakesburg, IA: higher priced homes
- Munterville, IA: higher priced homes
- Marysville, IA: equally priced homes
- Eddyville, IA: equally priced homes
Cities with Similar Populations
- Trenton, SC: higher priced homes
- Marietta, SC: higher priced homes
- Fouke, AR: equally priced homes
- Strasburg, CO: higher priced homes
- Charleston, MO: less expensive homes
- China Spring, TX: higher priced homes
- Norton, VA: less expensive homes
- Youngstown, NY: higher priced homes
- Plymouth, NC: less expensive homes
- Quitman, TX: higher priced homes
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