Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berea area can be challenging. Home prices in Berea are now at a median cost of $138,864, lower than the Iowa average of $182,666.
The average cost of rent is $925/mo in Berea, primarily driven by the current value of real estate in the Berea area. While nearly 53.13% of residents own their homes outright in Berea, 14.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berea is $5,830 per month. Households that rent pay about 15.87% of their income on rent here. Berea's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Anita, IA: less expensive homes
- Bridgewater, IA: less expensive homes
- Wiota, IA: less expensive homes
- Massena, IA: less expensive homes
- Fontanelle, IA: less expensive homes
- Adair, IA: equally priced homes
- Cumberland, IA: less expensive homes
- Casey, IA: higher priced homes
- Greenfield, IA: less expensive homes
- Lorah, IA: less expensive homes
Cities with Similar Populations
- West End, IL: equally priced homes
- Poolville, NY: equally priced homes
- Metal, PA: higher priced homes
- West Pierrepont, NY: less expensive homes
- Clear Fork, VA: equally priced homes
- Meadows, IL: higher priced homes
- Southland, TX: less expensive homes
- Clubb, MO: less expensive homes
- Pritchett, CO: equally priced homes
- Mayesburg, MO: higher priced homes
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