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Affordable
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These days, finding an affordable place to live in the Grimes area can be challenging. Home prices in Grimes are now at a median cost of $322,575, higher than the Iowa average of $226,062.
The average cost of rent is $1,187/mo in Grimes, primarily driven by the current value of real estate in the Grimes area. In Grimes, 27.34% of households rent, and 19.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grimes is $10,626 per month. Households that rent pay about 11.17% of their income on rent here. Grimes’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnston, IA: higher priced homes
- Urbandale, IA: equally priced homes
- Clive, IA: higher priced homes
- Granger, IA: higher priced homes
- Granger Homesteads, IA: higher priced homes
- Polk City, IA: higher priced homes
- Windsor Heights, IA: less expensive homes
- Waukee, IA: higher priced homes
- West Des Moines, IA: equally priced homes
- Dallas Center, IA: equally priced homes
Cities with Similar Populations
- Alachua, FL: equally priced homes
- Alamo, CA: higher priced homes
- Andover, KS: equally priced homes
- Aledo, TX: higher priced homes
- Alexander City, AL: less expensive homes
- Mitchell, SD: less expensive homes
- Middlesex, NJ: higher priced homes
- Molalla, OR: higher priced homes
- Monmouth Junction, NJ: higher priced homes
- Monroe, OH: less expensive homes
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