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These days, finding an affordable place to live in the Carter Lake area can be challenging. Home prices in Carter Lake are now at a median cost of $172,305, lower than the Iowa average of $226,062.
The average cost of rent is $1,361/mo in Carter Lake, primarily driven by the current value of real estate in the Carter Lake area. In Carter Lake, 8.99% of households rent, and 37.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carter Lake is $7,231 per month. Households that rent pay about 18.82% of their income on rent here. Carter Lake’s most expensive areas are in the northwestern 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.
Nearby Cities
- Council Bluffs, IA: higher priced homes
- Crescent, IA: higher priced homes
- Weston, IA: higher priced homes
- Omaha, NE: higher priced homes
- Ralston, NE: higher priced homes
- Bellevue, NE: higher priced homes
- La Vista, NE: higher priced homes
- Honey Creek, IA: higher priced homes
- Boys Town, NE: higher priced homes
- Offutt AFB, NE: higher priced homes
Cities with Similar Populations
- Hudson, CO: higher priced homes
- Lawtey, FL: higher priced homes
- Hogansburg, NY: higher priced homes
- Cookville, TX: equally priced homes
- Cross Junction, VA: higher priced homes
- East Flat Rock, NC: higher priced homes
- Park Falls, WI: less expensive homes
- Fairmount, IN: less expensive homes
- Rydal, GA: higher priced homes
- Mapleton, IL: higher priced homes
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