Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Emerson area can be challenging. Home prices in Emerson are now at a median cost of $118,338, lower than the Iowa average of $182,666.
The average cost of rent is $819/mo in Emerson, primarily driven by the current value of real estate in the Emerson area. While nearly 48.57% of residents own their homes outright in Emerson, 16.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Emerson is $5,228 per month. Households that rent pay about 15.66% of their income on rent here. Emerson's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hawthorne, IA: higher priced homes
- Hastings, IA: higher priced homes
- Strahan, IA: higher priced homes
- Henderson, IA: higher priced homes
- Red Oak, IA: equally priced homes
- Malvern, IA: higher priced homes
- Coburg, IA: higher priced homes
- Wales, IA: higher priced homes
- Imogene, IA: higher priced homes
- Stennett, IA: less expensive homes
Cities with Similar Populations
- Panama, NE: higher priced homes
- Purdy, OK: higher priced homes
- Pumpkin Center, FL: higher priced homes
- Pottersburg, OH: higher priced homes
- Post Mills, VT: higher priced homes
- Pine, TX: equally priced homes
- Pickrell, NE: higher priced homes
- Peters, TX: higher priced homes
- Parkway, MO: higher priced homes
- Parkers Crossroads, TN: equally priced homes
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