Expensive
Affordable
Affordable
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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 $164,478, lower than the Iowa average of $226,062.
The average cost of rent is $844/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. In Chelsea, 2.73% of households rent, and 55.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,260 per month. Households that rent pay about 16.04% of their income on rent here. Chelsea’s most expensive areas are in the southeastern 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
- Irving, IA: equally priced homes
- Vining, IA: equally priced homes
- Belle Plaine, IA: less expensive homes
- Hartwick, IA: higher priced homes
- Elberon, IA: less expensive homes
- Tama, IA: less expensive homes
- Luzerne, IA: higher priced homes
- Koszta, IA: higher priced homes
- Toledo, IA: less expensive 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: less expensive homes
- Rinard, IL: less expensive homes
- Ringwood, NC: less expensive homes
- River Junction, FL: less expensive homes
- Robertsville, OH: higher priced homes
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