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Affordable
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These days, finding an affordable place to live in the Cresco area can be challenging. Home prices in Cresco are now at a median cost of $142,777, lower than the Iowa average of $226,062.
The average cost of rent is $753/mo in Cresco, primarily driven by the current value of real estate in the Cresco area. In Cresco, 23.20% of households rent, and 46.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cresco is $5,357 per month. Households that rent pay about 14.06% of their income on rent here. Cresco’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vernon Springs, IA: higher priced homes
- Kendallville, IA: higher priced homes
- Florenceville, IA: equally priced homes
- Schley, IA: higher priced homes
- Lime Springs, IA: equally priced homes
- Ridgeway, IA: higher priced homes
- Protivin, IA: higher priced homes
- Harmony, MN: higher priced homes
- Saude, IA: higher priced homes
- Lourdes, IA: equally priced homes
Cities with Similar Populations
- Colfax, WI: higher priced homes
- West Fork, AR: higher priced homes
- Soperton, GA: less expensive homes
- Marysville, KS: equally priced homes
- Coker, AL: higher priced homes
- Holt, AL: higher priced homes
- West Elmira, NY: higher priced homes
- Holton, KS: higher priced homes
- Coleman, TX: less expensive homes
- Homedale, ID: higher priced homes
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