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These days, finding an affordable place to live in the Alvord area can be challenging. Home prices in Alvord are now at a median cost of $288,243, higher than the Iowa average of $226,062.
The average cost of rent is $704/mo in Alvord, primarily driven by the current value of real estate in the Alvord area. In Alvord, 14.14% of households rent, and 29.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alvord is $6,921 per month. Households that rent pay about 10.18% of their income on rent here. Alvord’s most expensive areas are in the northern 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
- Doon, IA: less expensive homes
- Lester, IA: higher priced homes
- Inwood, IA: equally priced homes
- Rock Rapids, IA: less expensive homes
- Larchwood, IA: equally priced homes
- Rock Valley, IA: equally priced homes
- Hills, MN: less expensive homes
- Steen, MN: less expensive homes
- Perkins, IA: higher priced homes
- Hull, IA: less expensive homes
Cities with Similar Populations
- Gambell, AK: less expensive homes
- Fruitland, UT: equally priced homes
- Lakeport, FL: less expensive homes
- Barnegat Light, NJ: higher priced homes
- Stinson Beach, CA: higher priced homes
- Arcola, IN: equally priced homes
- Fernwood, ID: equally priced homes
- White Lake, SD: less expensive homes
- Goodridge, MN: less expensive homes
- North Epworth, MI: less expensive homes
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