
Affordable
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These days, finding an affordable place to live in the Allison area can be challenging. Home prices in Allison are now at a median cost of $131,146, lower than the Iowa average of $226,062.
The average cost of rent is $725/mo in Allison, primarily driven by the current value of real estate in the Allison area. In Allison, 22.29% of households rent, and 39.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allison is $5,972 per month. Households that rent pay about 12.15% of their income on rent here. Allison’s most expensive areas are in the southern 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
- Bristow, IA: less expensive homes
- Clarksville, IA: higher priced homes
- Packard, IA: higher priced homes
- Dumont, IA: less expensive homes
- Kesley, IA: higher priced homes
- Greene, IA: equally priced homes
- Shell Rock, IA: higher priced homes
- Parkersburg, IA: higher priced homes
- Aplington, IA: higher priced homes
- Aredale, IA: less expensive homes
Cities with Similar Populations
- Old Forge, NY: higher priced homes
- Mount Croghan, SC: equally priced homes
- Golden City, MO: equally priced homes
- Newbern, AL: less expensive homes
- Odessa, WA: higher priced homes
- Cecil, OH: higher priced homes
- Lake Cherokee, TX: higher priced homes
- Derby Line, VT: higher priced homes
- Angels Camp, CA: higher priced homes
- East Ellijay, GA: higher priced homes
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