Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ericson area can be challenging. Home prices in Ericson are now at a median cost of $209,600, higher than the Iowa average of $182,666.
The average cost of rent is $838/mo in Ericson, primarily driven by the current value of real estate in the Ericson area. While nearly 46.93% of residents own their homes outright in Ericson, 15.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ericson is $6,750 per month. Households that rent pay about 12.42% of their income on rent here. Ericson's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Jordan, IA: higher priced homes
- Boone, IA: less expensive homes
- Luther, IA: equally priced homes
- Moingona, IA: higher priced homes
- Ames, IA: higher priced homes
- Madrid, IA: less expensive homes
- Kelley, IA: equally priced homes
- Logansport, IA: less expensive homes
- Gilbert, IA: equally priced homes
- Mackey, IA: higher priced homes
Cities with Similar Populations
- Blaze, KY: less expensive homes
- Beckwith, WV: less expensive homes
- Beedeville, AR: less expensive homes
- Belvoir, VA: higher priced homes
- Zeandale, KS: less expensive homes
- Bent, NM: less expensive homes
- Bethany, PA: higher priced homes
- Between, GA: higher priced homes
- Beverly, IL: less expensive homes
- Bible Grove, MO: less expensive homes
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