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These days, finding an affordable place to live in the Bloomfield area can be challenging. Home prices in Bloomfield are now at a median cost of $163,522, lower than the Iowa average of $226,062.
The average cost of rent is $957/mo in Bloomfield, primarily driven by the current value of real estate in the Bloomfield area. In Bloomfield, 21.70% of households rent, and 43.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bloomfield is $6,073 per month. Households that rent pay about 15.76% of their income on rent here. Bloomfield’s most expensive areas are in the northeastern 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
- West Grove, IA: less expensive homes
- Drakesville, IA: equally priced homes
- Mark, IA: equally priced homes
- Paris, IA: equally priced homes
- Floris, IA: higher priced homes
- Stiles, IA: less expensive homes
- Savannah, IA: less expensive homes
- Pulaski, IA: less expensive homes
- White Elm, IA: higher priced homes
- Monterey, IA: equally priced homes
Cities with Similar Populations
- Monticello, IA: higher priced homes
- Mount Morris, NY: less expensive homes
- Columbus, TX: higher priced homes
- Comanche, TX: equally priced homes
- Mounds, OK: higher priced homes
- Mosheim, TN: higher priced homes
- Morrisville, VT: higher priced homes
- Morgans Point Resort, TX: higher priced homes
- Morganfield, KY: less expensive homes
- Montrose, MN: higher priced homes
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