Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Faulkner area can be challenging. Home prices in Faulkner are now at a median cost of $126,561, lower than the Iowa average of $182,666.
The average cost of rent is $509/mo in Faulkner, primarily driven by the current value of real estate in the Faulkner area. While nearly 46.34% of residents own their homes outright in Faulkner, 35.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Faulkner is $5,183 per month. Households that rent pay about 9.82% of their income on rent here. Faulkner's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ackley, IA: less expensive homes
- Geneva, IA: less expensive homes
- Bradford, IA: equally priced homes
- Robertson, IA: less expensive homes
- Austinville, IA: less expensive homes
- Kesley, IA: less expensive homes
- Cleves, IA: less expensive homes
- Aplington, IA: higher priced homes
- Hampton, IA: less expensive homes
- Hansell, IA: less expensive homes
Cities with Similar Populations
- Oley Furnace, PA: higher priced homes
- Penns, MS: less expensive homes
- Peniel, WV: less expensive homes
- Pekin, NC: less expensive homes
- Peeltree, WV: higher priced homes
- Peach Bottom, VA: less expensive homes
- Palmer Springs, VA: higher priced homes
- Oliver, AR: equally priced homes
- Olive Branch, OH: higher priced homes
- Penny Hill, NC: less expensive homes
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