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Affordable
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These days, finding an affordable place to live in the Cornelia area can be challenging. Home prices in Cornelia are now at a median cost of $214,772, lower than the Iowa average of $226,062.
The average cost of rent is $804/mo in Cornelia, primarily driven by the current value of real estate in the Cornelia area. In Cornelia, 20.69% of households rent, and 53.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cornelia is $6,281 per month. Households that rent pay about 12.80% of their income on rent here. Cornelia’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarion, IA: less expensive homes
- Belmond, IA: less expensive homes
- Holmes, IA: less expensive homes
- Rowan, IA: less expensive homes
- Galt, IA: less expensive homes
- Goodell, IA: less expensive homes
- Kanawha, IA: less expensive homes
- Goldfield, IA: less expensive homes
- Alexander, IA: less expensive homes
- Meservey, IA: less expensive homes
Cities with Similar Populations
- Charlestown, OH: less expensive homes
- Caulksville, AR: less expensive homes
- Cayton, NC: less expensive homes
- Lone Tree, SD: higher priced homes
- Renicks Valley, WV: less expensive homes
- Wayside, GA: less expensive homes
- McWhorter, WV: less expensive homes
- Center Mills, PA: equally priced homes
- Meadow, SD: less expensive homes
- Ceylon, PA: less expensive homes
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