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These days, finding an affordable place to live in the Dedham area can be challenging. Home prices in Dedham are now at a median cost of $160,153, lower than the Iowa average of $226,062.
The average cost of rent is $780/mo in Dedham, primarily driven by the current value of real estate in the Dedham area. In Dedham, 21.35% of households rent, and 51.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dedham is $6,540 per month. Households that rent pay about 11.93% of their income on rent here. Dedham’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willey, IA: higher priced homes
- Templeton, IA: higher priced homes
- Coon Rapids, IA: equally priced homes
- Roselle, IA: equally priced homes
- Ross, IA: higher priced homes
- Gray, IA: higher priced homes
- Halbur, IA: equally priced homes
- Carroll, IA: higher priced homes
- Glidden, IA: higher priced homes
- Manning, IA: less expensive homes
Cities with Similar Populations
- Ionia, MO: higher priced homes
- Rolinda, CA: higher priced homes
- Rockport, WA: higher priced homes
- Rock, KS: higher priced homes
- Rock Bluff, FL: less expensive homes
- Robertsville, OH: higher priced homes
- River Junction, FL: less expensive homes
- Richfield Center, OH: higher priced homes
- Kampsville, IL: less expensive homes
- Kamay, TX: higher priced homes
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