Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $114,509, lower than the Iowa average of $182,666.
The average cost of rent is $464/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. While nearly 39.12% of residents own their homes outright in Chelsea, 7.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,645 per month. Households that rent pay about 8.21% of their income on rent here. Chelsea's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Irving, IA: equally priced homes
- Vining, IA: equally priced homes
- Belle Plaine, IA: less expensive homes
- Hartwick, IA: higher priced homes
- Elberon, IA: equally priced homes
- Tama, IA: less expensive homes
- Luzerne, IA: higher priced homes
- Koszta, IA: higher priced homes
- Toledo, IA: equally priced homes
- Brooklyn, IA: higher priced homes
Cities with Similar Populations
- Rockport, WA: higher priced homes
- Joyce, LA: less expensive homes
- Rainsburg, PA: higher priced homes
- Ramsey, TX: higher priced homes
- Redford, MO: equally priced homes
- Rhodes, MS: higher priced homes
- Rinard, IL: equally priced homes
- Ringwood, NC: less expensive homes
- River Junction, FL: less expensive homes
- Robertsville, OH: higher priced homes
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