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Affordable
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These days, finding an affordable place to live in the Alleman area can be challenging. Home prices in Alleman are now at a median cost of $336,855, higher than the Iowa average of $226,062.
The average cost of rent is $1,401/mo in Alleman, primarily driven by the current value of real estate in the Alleman area. In Alleman, 4.96% of households rent, and 30.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alleman is $9,509 per month. Households that rent pay about 14.74% of their income on rent here. Alleman’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Enterprise, IA: less expensive homes
- Elkhart, IA: equally priced homes
- Midvale, IA: less expensive homes
- Ankeny, IA: equally priced homes
- Polk City, IA: higher priced homes
- Sheldahl, IA: equally priced homes
- Slater, IA: less expensive homes
- Huxley, IA: equally priced homes
- Cambridge, IA: less expensive homes
- Kelley, IA: equally priced homes
Cities with Similar Populations
- Eskridge, KS: less expensive homes
- Hanover, WV: less expensive homes
- Sandisfield, MA: equally priced homes
- Catawba, KY: less expensive homes
- Blue River, OR: higher priced homes
- Lerado, OH: less expensive homes
- Pryor, MT: less expensive homes
- Wapiti, WY: higher priced homes
- Arlington, AZ: equally priced homes
- Adrian, OR: equally priced homes
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