The Most Affordable Neighborhoods in Eagle Grove, IA by Home Value

These days, finding an affordable place to live in the Eagle Grove area can be challenging. Home prices in Eagle Grove are now at a median cost of $116,022, lower than the Iowa average of $226,062.

The average cost of rent is $1,066/mo in Eagle Grove, primarily driven by the current value of real estate in the Eagle Grove area. In Eagle Grove, 26.61% of households rent, and 44.82% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Eagle Grove is $5,501 per month. Households that rent pay about 19.38% of their income on rent here. Eagle Grove’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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