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Affordable
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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 $135,521, lower than the Iowa average of $226,062.
The average cost of rent is $1,038/mo in Emerson, primarily driven by the current value of real estate in the Emerson area. In Emerson, 15.20% of households rent, and 47.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Emerson is $5,438 per month. Households that rent pay about 19.09% of their income on rent here. Emerson’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hawthorne, IA: higher priced homes
- Hastings, IA: equally priced homes
- Strahan, IA: less expensive 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: higher priced 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: higher priced homes
- Pickrell, NE: higher priced homes
- Peters, TX: higher priced homes
- Parkway, MO: higher priced homes
- Parkers Crossroads, TN: higher priced homes
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