Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fort Madison area can be challenging. Home prices in Fort Madison are now at a median cost of $114,345, lower than the Iowa average of $182,666.
The average cost of rent is $1,036/mo in Fort Madison, primarily driven by the current value of real estate in the Fort Madison area. While nearly 47.96% of residents own their homes outright in Fort Madison, 20.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fort Madison is $4,618 per month. Households that rent pay about 22.44% of their income on rent here. Fort Madison's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Old Niota, IL: equally priced homes
- Sawyer, IA: higher priced homes
- Niota, IL: less expensive homes
- Pontoosuc, IL: less expensive homes
- Wever, IA: higher priced homes
- Nauvoo, IL: higher priced homes
- Denmark, IA: higher priced homes
- West Point, IA: higher priced homes
- Montrose, IA: equally priced homes
- Colusa, IL: less expensive homes
Cities with Similar Populations
- Middlesboro, KY: less expensive homes
- McLeansville, NC: higher priced homes
- Melbourne Beach, FL: higher priced homes
- Mena, AR: higher priced homes
- Mendota Heights, MN: higher priced homes
- Menominee, MI: equally priced homes
- Mercer, PA: higher priced homes
- Merriam, KS: higher priced homes
- Middle Island, NY: higher priced homes
- Middlebury, IN: higher priced homes
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