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These days, finding an affordable place to live in the Colwell area can be challenging. Home prices in Colwell are now at a median cost of $130,457, lower than the Iowa average of $226,062.
The average cost of rent is $601/mo in Colwell, primarily driven by the current value of real estate in the Colwell area. In Colwell, 13.96% of households rent, and 58.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colwell is $5,064 per month. Households that rent pay about 11.87% of their income on rent here. Colwell’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Charles City, IA: equally priced homes
- Floyd, IA: higher priced homes
- Orchard, IA: higher priced homes
- Bassett, IA: higher priced homes
- Ionia, IA: higher priced homes
- Midway, IA: higher priced homes
- Alta Vista, IA: higher priced homes
- New Haven, IA: higher priced homes
- North Washington, IA: higher priced homes
- Chickasaw, IA: higher priced homes
Cities with Similar Populations
- McClintocksburg, OH: higher priced homes
- Niantic, IL: equally priced homes
- New Market, IA: higher priced homes
- Neptune, OH: higher priced homes
- Mountain Peak, TX: higher priced homes
- Monroe, NE: higher priced homes
- Miles, IA: higher priced homes
- Miami, TX: higher priced homes
- Meta, KY: less expensive homes
- Nicktown, PA: higher priced homes
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