Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Carpenter area can be challenging. Home prices in Carpenter are now at a median cost of $252,604, higher than the Iowa average of $226,062.
The average cost of rent is $848/mo in Carpenter, primarily driven by the current value of real estate in the Carpenter area. In Carpenter, 12.28% of households rent, and 49.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carpenter is $9,584 per month. Households that rent pay about 8.85% of their income on rent here. Carpenter’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Ansgar, IA: less expensive homes
- Otranto, IA: higher priced homes
- Grafton, IA: less expensive homes
- Mona, IA: higher priced homes
- Lyle, MN: less expensive homes
- Toeterville, IA: equally priced homes
- Mitchell, IA: less expensive homes
- London, MN: less expensive homes
- Kensett, IA: less expensive homes
- Northwood, IA: less expensive homes
Cities with Similar Populations
- Ai, AL: less expensive homes
- Zag, KY: less expensive homes
- Yokena, MS: less expensive homes
- Winnetoon, NE: less expensive homes
- Altair, TX: less expensive homes
- Alvan, IL: less expensive homes
- Haddam, KS: less expensive homes
- Andover, VT: higher priced homes
- Wittman, MD: higher priced homes
- New Rumley, OH: less expensive homes
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