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These days, finding an affordable place to live in the Chapin area can be challenging. Home prices in Chapin are now at a median cost of $138,321, lower than the Iowa average of $226,062.
The average cost of rent is $728/mo in Chapin, primarily driven by the current value of real estate in the Chapin area. In Chapin, 12.41% of households rent, and 60.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chapin is $6,242 per month. Households that rent pay about 11.66% of their income on rent here. Chapin’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sheffield, IA: higher priced homes
- Hampton, IA: less expensive homes
- Hansell, IA: less expensive homes
- Latimer, IA: equally priced homes
- Coulter, IA: less expensive homes
- Aredale, IA: less expensive homes
- Dougherty, IA: higher priced homes
- Thornton, IA: less expensive homes
- Geneva, IA: equally priced homes
- Rockwell, IA: higher priced homes
Cities with Similar Populations
- Hardinville, IL: less expensive homes
- Roy, MT: higher priced homes
- Roxobel, NC: less expensive homes
- Rossland, KY: higher priced homes
- Rosine, KY: less expensive homes
- Howards Ridge, MO: higher priced homes
- Homelake, CO: higher priced homes
- Hintz, WI: higher priced homes
- Hinnom, VA: higher priced homes
- Hilton Village, WV: less expensive homes
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