Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherokee area can be challenging. Home prices in Cherokee are now at a median cost of $121,636, lower than the Iowa average of $182,666.
The average cost of rent is $563/mo in Cherokee, primarily driven by the current value of real estate in the Cherokee area. While nearly 51.10% of residents own their homes outright in Cherokee, 24.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherokee is $4,827 per month. Households that rent pay about 11.65% of their income on rent here. Cherokee's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Meriden, IA: higher priced homes
- Aurelia, IA: equally priced homes
- Larrabee, IA: higher priced homes
- Cleghorn, IA: less expensive homes
- Quimby, IA: less expensive homes
- Calumet, IA: higher priced homes
- Marcus, IA: equally priced homes
- Alta, IA: equally priced homes
- Washta, IA: less expensive homes
- Peterson, IA: less expensive homes
Cities with Similar Populations
- Kildeer, IL: higher priced homes
- Imperial, PA: higher priced homes
- Indian River Estates, FL: higher priced homes
- Indian Springs, NV: higher priced homes
- Iowa Colony, TX: higher priced homes
- Jasper, TN: equally priced homes
- Jay, OK: equally priced homes
- Jones, OK: higher priced homes
- Jonesboro, LA: less expensive homes
- Kanab, UT: higher priced homes
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