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

 

Columbus Junction, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Columbus Junction area can be challenging. Home prices in Columbus Junction are now at a median cost of $155,867, lower than the Iowa average of $226,062.

The average cost of rent is $793/mo in Columbus Junction, primarily driven by the current value of real estate in the Columbus Junction area. In Columbus Junction, 23.43% of households rent, and 51.93% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Columbus Junction is $6,115 per month. Households that rent pay about 12.97% of their income on rent here. Columbus Junction’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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