Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fredericksburg area can be challenging. Home prices in Fredericksburg are now at a median cost of $157,850, lower than the Iowa average of $182,666.
The average cost of rent is $670/mo in Fredericksburg, primarily driven by the current value of real estate in the Fredericksburg area. While nearly 47.98% of residents own their homes outright in Fredericksburg, 17.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fredericksburg is $5,698 per month. Households that rent pay about 11.77% of their income on rent here. Fredericksburg's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Alpha, IA: less expensive homes
- Frederika, IA: equally priced homes
- New Hampton, IA: less expensive homes
- Lawler, IA: less expensive homes
- Republic, IA: equally priced homes
- Sumner, IA: less expensive homes
- Waucoma, IA: less expensive homes
- Tripoli, IA: less expensive homes
- Hawkeye, IA: less expensive homes
- Little Turkey, IA: equally priced homes
Cities with Similar Populations
- Lockesburg, AR: less expensive homes
- Freedom, NH: higher priced homes
- Gloster, LA: higher priced homes
- Grace, ID: equally priced homes
- Granville, IL: less expensive homes
- Wolcott, IN: less expensive homes
- Winchester, MO: higher priced homes
- Herndon, PA: equally priced homes
- White Sulphur Springs, MT: higher priced homes
- Welch, OK: equally priced homes
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