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These days, finding an affordable place to live in the Fredonia area can be challenging. Home prices in Fredonia are now at a median cost of $166,249, lower than the Iowa average of $226,062.
The average cost of rent is $925/mo in Fredonia, primarily driven by the current value of real estate in the Fredonia area. In Fredonia, 16.91% of households rent, and 51.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredonia is $8,034 per month. Households that rent pay about 11.52% of their income on rent here. Fredonia’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
- Columbus Junction, IA: equally priced homes
- Columbus City, IA: less expensive homes
- Letts, IA: higher priced homes
- Cotter, IA: higher priced homes
- Conesville, IA: higher priced homes
- Grandview, IA: equally priced homes
- Wyman, IA: equally priced homes
- Gladwin, IA: higher priced homes
- Haskins, IA: equally priced homes
- Wapello, IA: equally priced homes
Cities with Similar Populations
- Stockton, MD: higher priced homes
- Farnham, NY: higher priced homes
- Farrville, IN: higher priced homes
- Flatwoods, WV: equally priced homes
- Fleming, PA: less expensive homes
- Florence, VT: higher priced homes
- Forbes Road, PA: higher priced homes
- Four Towns, MI: higher priced homes
- Spring Glen, WA: higher priced homes
- Springville, OH: higher priced homes
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