Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Essex area can be challenging. Home prices in Essex are now at a median cost of $94,747, lower than the Iowa average of $182,666.
The average cost of rent is $534/mo in Essex, primarily driven by the current value of real estate in the Essex area. While nearly 58.68% of residents own their homes outright in Essex, 19.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Essex is $4,870 per month. Households that rent pay about 10.96% of their income on rent here. Essex's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Shenandoah, IA: equally priced homes
- Coburg, IA: higher priced homes
- Nyman, IA: higher priced homes
- Norwich, IA: higher priced homes
- Imogene, IA: higher priced homes
- Yorktown, IA: higher priced homes
- Hawthorne, IA: higher priced homes
- Farragut, IA: higher priced homes
- Coin, IA: less expensive homes
- Strahan, IA: higher priced homes
Cities with Similar Populations
- Jane, MO: higher priced homes
- St. James, LA: higher priced homes
- Spruce Head, ME: higher priced homes
- Springdale, TX: less expensive homes
- Spring Garden, VA: higher priced homes
- South Monterey, MI: higher priced homes
- Sontag, MS: less expensive homes
- Snead, AL: higher priced homes
- Slidell, TX: higher priced homes
- Slagle, MO: higher priced homes
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