Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bancroft area can be challenging. Home prices in Bancroft are now at a median cost of $72,160, lower than the Iowa average of $182,666.
The average cost of rent is $612/mo in Bancroft, primarily driven by the current value of real estate in the Bancroft area. While nearly 65.32% of residents own their homes outright in Bancroft, 30.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bancroft is $3,704 per month. Households that rent pay about 16.51% of their income on rent here. Bancroft's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Burt, IA: equally priced homes
- Lone Rock, IA: equally priced homes
- Lakota, IA: less expensive homes
- Swea City, IA: higher priced homes
- Seneca, IA: higher priced homes
- Titonka, IA: equally priced homes
- Ledyard, IA: higher priced homes
- Fenton, IA: equally priced homes
- Lotts Creek, IA: higher priced homes
- Buffalo Center, IA: higher priced homes
Cities with Similar Populations
- Old Albertville, WI: higher priced homes
- Fulks Run, VA: higher priced homes
- Frisco, NC: higher priced homes
- Forum, AR: higher priced homes
- Forestport, NY: higher priced homes
- Finley, TN: higher priced homes
- North Perry, OH: higher priced homes
- Falls City, WI: higher priced homes
- Escatawpa, MS: higher priced homes
- Tygh Valley, OR: higher priced homes
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