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These days, finding an affordable place to live in the Frederika area can be challenging. Home prices in Frederika are now at a median cost of $178,374, lower than the Iowa average of $226,062.
The average cost of rent is $642/mo in Frederika, primarily driven by the current value of real estate in the Frederika area. In Frederika, 10.80% of households rent, and 48.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frederika is $6,653 per month. Households that rent pay about 9.65% of their income on rent here. Frederika’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tripoli, IA: less expensive homes
- Republic, IA: higher priced homes
- Bremer, IA: higher priced homes
- Fredericksburg, IA: higher priced homes
- Horton, IA: higher priced homes
- Sumner, IA: equally priced homes
- Knittel, IA: higher priced homes
- Plainfield, IA: higher priced homes
- New Hampton, IA: equally priced homes
- Nashua, IA: less expensive homes
Cities with Similar Populations
- Storden, MN: less expensive homes
- Gepp, AR: higher priced homes
- Gitano, MS: less expensive homes
- Glasco, KS: less expensive homes
- Glen Osborne, PA: higher priced homes
- Glen Wild, NY: higher priced homes
- Goetzville, MI: less expensive homes
- Goodman, AL: less expensive homes
- Grover, SC: less expensive homes
- Spaulding, OK: less expensive homes
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