The Most Affordable Neighborhoods in Columbus City, IA by Home Value

 

Columbus City, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Columbus City area can be challenging. Home prices in Columbus City are now at a median cost of $117,354, lower than the Iowa average of $182,666.

The average cost of rent is $652/mo in Columbus City, primarily driven by the current value of real estate in the Columbus City area. While nearly 47.88% of residents own their homes outright in Columbus City, 31.54% rent.

Housing affordability isn’t just about home prices, though. The average household income in Columbus City is $5,307 per month. Households that rent pay about 12.29% of their income on rent here. Columbus City's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.


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