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These days, finding an affordable place to live in the Corning area can be challenging. Home prices in Corning are now at a median cost of $115,521, lower than the Iowa average of $226,062.
The average cost of rent is $754/mo in Corning, primarily driven by the current value of real estate in the Corning area. In Corning, 25.03% of households rent, and 60.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Corning is $5,504 per month. Households that rent pay about 13.70% of their income on rent here. Corning’s most expensive areas are in the southeastern 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.
Nearby Cities
- Carbon, IA: higher priced homes
- Stringtown, IA: higher priced homes
- Prescott, IA: higher priced homes
- Nodaway, IA: higher priced homes
- Mount Etna, IA: higher priced homes
- Carl, IA: higher priced homes
- Sharpsburg, IA: higher priced homes
- Lenox, IA: equally priced homes
- Villisca, IA: equally priced homes
- Gravity, IA: higher priced homes
Cities with Similar Populations
- Beach Lake, PA: higher priced homes
- Whitefield, ME: higher priced homes
- Burnham, PA: higher priced homes
- Waterbury Center, VT: higher priced homes
- Dawson, MN: higher priced homes
- Eden, TX: less expensive homes
- Sidman, PA: less expensive homes
- Stratford, OK: higher priced homes
- Albany, TX: higher priced homes
- Liberty, IL: higher priced homes
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