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These days, finding an affordable place to live in the Grant City area can be challenging. Home prices in Grant City are now at a median cost of $71,700, lower than the Iowa average of $226,062.
The average cost of rent is $741/mo in Grant City, primarily driven by the current value of real estate in the Grant City area. In Grant City, 38.14% of households rent, and 65.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grant City is $5,113 per month. Households that rent pay about 14.49% of their income on rent here. Grant City’s most expensive areas are in the southern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Auburn, IA: higher priced homes
- Ulmer, IA: higher priced homes
- Yetter, IA: higher priced homes
- Lake City, IA: higher priced homes
- Mount Carmel, IA: higher priced homes
- Carnarvon, IA: higher priced homes
- Lake View, IA: higher priced homes
- Breda, IA: higher priced homes
- Sherwood, IA: higher priced homes
- Lytton, IA: higher priced homes
Cities with Similar Populations
- Union Falls, NY: higher priced homes
- Ute Park, NM: higher priced homes
- Ury, WV: equally priced homes
- Ironside, OR: higher priced homes
- Ironton, CO: higher priced homes
- Unionville, NV: higher priced homes
- Uniontown, IL: higher priced homes
- Union, ND: higher priced homes
- Union Hill, TN: higher priced homes
- Indian Cove, NY: higher priced homes
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