Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Dorchester area can be challenging. Home prices in Dorchester are now at a median cost of $247,257, higher than the Iowa average of $226,062.
The average cost of rent is $543/mo in Dorchester, primarily driven by the current value of real estate in the Dorchester area. In Dorchester, 11.49% of households rent, and 59.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dorchester is $6,870 per month. Households that rent pay about 7.91% of their income on rent here. Dorchester’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eitzen, MN: less expensive homes
- Wilmington, MN: less expensive homes
- Highlandville, IA: higher priced homes
- Sattre, IA: higher priced homes
- Newhouse, MN: less expensive homes
- Spring Grove, MN: less expensive homes
- New Albin, IA: less expensive homes
- Locust, IA: higher priced homes
- Caledonia, MN: less expensive homes
- Waukon, IA: less expensive homes
Cities with Similar Populations
- Daniel, WY: higher priced homes
- Copeland Bridge, AL: less expensive homes
- Core, WV: less expensive homes
- Wise Forks, NC: less expensive homes
- Windsor, KY: less expensive homes
- Crabtree, PA: less expensive homes
- Crenshaw, PA: less expensive homes
- Crossnore, NC: higher priced homes
- Daggett, CA: less expensive homes
- Wiswell, KY: equally priced homes
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