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Affordable
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These days, finding an affordable place to live in the Eldon area can be challenging. Home prices in Eldon are now at a median cost of $119,486, lower than the Iowa average of $226,062.
The average cost of rent is $724/mo in Eldon, primarily driven by the current value of real estate in the Eldon area. In Eldon, 17.97% of households rent, and 60.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldon is $5,667 per month. Households that rent pay about 12.78% of their income on rent here. Eldon’s most expensive areas are in the southwestern 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
- Selma, IA: higher priced homes
- White Elm, IA: higher priced homes
- Agency, IA: higher priced homes
- Batavia, IA: higher priced homes
- Floris, IA: higher priced homes
- Douds, IA: higher priced homes
- Libertyville, IA: higher priced homes
- Leando, IA: higher priced homes
- Dahlonega, IA: higher priced homes
- Troy, IA: higher priced homes
Cities with Similar Populations
- Zion Grove, PA: higher priced homes
- Vega, TX: higher priced homes
- Cavalero, WA: higher priced homes
- Ventura, IA: higher priced homes
- Carlock, IL: higher priced homes
- Buffalo Lake, MN: higher priced homes
- Bryson, TX: higher priced homes
- Bernhards Bay, NY: higher priced homes
- Westminster, VT: higher priced homes
- Wheeler, IN: higher priced homes
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