The Most Affordable Neighborhoods in Cresco, IA by Home Value

 

Cresco, IA Map of Most Affordable Neighborhoods
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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 $134,145, lower than the Iowa average of $182,666.

The average cost of rent is $764/mo in Cresco, primarily driven by the current value of real estate in the Cresco area. While nearly 34.35% of residents own their homes outright in Cresco, 23.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cresco is $5,807 per month. Households that rent pay about 13.15% of their income on rent here. Cresco's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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