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Affordable
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These days, finding an affordable place to live in the Bremer area can be challenging. Home prices in Bremer are now at a median cost of $328,821, higher than the Iowa average of $226,062.
The average cost of rent is $865/mo in Bremer, primarily driven by the current value of real estate in the Bremer area. In Bremer, 9.58% of households rent, and 52.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bremer is $10,138 per month. Households that rent pay about 8.53% of their income on rent here. Bremer’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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