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These days, finding an affordable place to live in the Beacon area can be challenging. Home prices in Beacon are now at a median cost of $124,835, lower than the Iowa average of $226,062.
The average cost of rent is $740/mo in Beacon, primarily driven by the current value of real estate in the Beacon area. In Beacon, 19.73% of households rent, and 52.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beacon is $5,586 per month. Households that rent pay about 13.25% of their income on rent here. Beacon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oskaloosa, IA: higher priced homes
- University Park, IA: higher priced homes
- Wright, IA: higher priced homes
- Eddyville, IA: equally priced homes
- Keomah Village, IA: higher priced homes
- Leighton, IA: higher priced homes
- Olivet, IA: higher priced homes
- Cedar, IA: higher priced homes
- Bussey, IA: equally priced homes
- Tracy, IA: higher priced homes
Cities with Similar Populations
- Jensen, UT: higher priced homes
- Georgesville, OH: higher priced homes
- Robertstown, GA: higher priced homes
- Loa, UT: higher priced homes
- Kane, IL: higher priced homes
- Tinkhamtown, MA: higher priced homes
- Kenwood, OK: equally priced homes
- Ketchums Corner, NY: higher priced homes
- Tilghman, MD: higher priced homes
- Terreton, ID: higher priced homes
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