Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Derby area can be challenging. Home prices in Derby are now at a median cost of $139,526, lower than the Iowa average of $182,666.
The average cost of rent is $665/mo in Derby, primarily driven by the current value of real estate in the Derby area. While nearly 48.66% of residents own their homes outright in Derby, 5.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $5,702 per month. Households that rent pay about 11.66% of their income on rent here. Derby's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Le Roy, IA: less expensive homes
- Millerton, IA: less expensive homes
- Humeston, IA: less expensive homes
- Lucas, IA: equally priced homes
- Last Chance, IA: equally priced homes
- Chariton, IA: less expensive homes
- Garden Grove, IA: less expensive homes
- Oakley, IA: equally priced homes
- Russell, IA: less expensive homes
- Woodburn, IA: higher priced homes
Cities with Similar Populations
- Fort Peck, MT: higher priced homes
- Erly, PA: higher priced homes
- Fairplay, GA: higher priced homes
- Falcon, MO: equally priced homes
- Farisita, CO: higher priced homes
- Farnam, NE: higher priced homes
- West Elizabeth, PA: less expensive homes
- Felixville, LA: less expensive homes
- Fitzhugh, OK: less expensive homes
- Fletcher, VT: higher priced homes
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