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These days, finding an affordable place to live in the Allerton area can be challenging. Home prices in Allerton are now at a median cost of $179,032, lower than the Iowa average of $226,062.
The average cost of rent is $621/mo in Allerton, primarily driven by the current value of real estate in the Allerton area. In Allerton, 12.27% of households rent, and 49.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allerton is $5,868 per month. Households that rent pay about 10.58% of their income on rent here. Allerton’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Corydon, IA: less expensive homes
- Clio, IA: less expensive homes
- Harvard, IA: equally priced homes
- Sewal, IA: equally priced homes
- Lineville, IA: less expensive homes
- Humeston, IA: less expensive homes
- Powersville, MO: less expensive homes
- High Point, IA: less expensive homes
- Woodland, IA: less expensive homes
- Promise City, IA: less expensive homes
Cities with Similar Populations
- Esperanza, PR: less expensive homes
- Chattanooga, OK: equally priced homes
- Brule, WI: higher priced homes
- Omar, WV: less expensive homes
- Sugarloaf Shores, FL: higher priced homes
- Elfrida, AZ: higher priced homes
- Star Lake, NY: less expensive homes
- Stanton, KS: higher priced homes
- Callaghan, VA: less expensive homes
- Oreana, NV: higher priced homes
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