Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Decorah area can be challenging. Home prices in Decorah are now at a median cost of $213,560, higher than the Iowa average of $182,666.
The average cost of rent is $828/mo in Decorah, primarily driven by the current value of real estate in the Decorah area. While nearly 40.23% of residents own their homes outright in Decorah, 28.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Decorah is $5,205 per month. Households that rent pay about 15.91% of their income on rent here. Decorah's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Quandahl, IA: higher priced homes
- Freeport, IA: higher priced homes
- Nordness, IA: less expensive homes
- Locust, IA: higher priced homes
- Conover, IA: less expensive homes
- Sattre, IA: higher priced homes
- Ridgeway, IA: higher priced homes
- Calmar, IA: less expensive homes
- Burr Oak, IA: equally priced homes
- Spillville, IA: less expensive homes
Cities with Similar Populations
- Yorktown, IN: less expensive homes
- Monmouth, IL: less expensive homes
- North Wantagh, NY: higher priced homes
- Monongahela, PA: less expensive homes
- Monticello, AR: less expensive homes
- Monticello, NY: less expensive homes
- Montoursville, PA: equally priced homes
- Montville, NJ: higher priced homes
- Morro Bay, CA: higher priced homes
- Moscow, PA: equally priced homes
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