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These days, finding an affordable place to live in the Guernsey area can be challenging. Home prices in Guernsey are now at a median cost of $161,994, lower than the Iowa average of $226,062.
The average cost of rent is $854/mo in Guernsey, primarily driven by the current value of real estate in the Guernsey area. In Guernsey, 12.18% of households rent, and 55.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Guernsey is $7,092 per month. Households that rent pay about 12.04% of their income on rent here. Guernsey’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Deep River, IA: equally priced homes
- Victor, IA: less expensive homes
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- Ladora, IA: higher priced homes
- Brooklyn, IA: higher priced homes
- Gibson, IA: less expensive homes
- Hartwick, IA: higher priced homes
- Montezuma, IA: higher priced homes
- Malcom, IA: higher priced homes
- Barnes City, IA: higher priced homes
Cities with Similar Populations
- Bonita, TX: higher priced homes
- Captiva, FL: higher priced homes
- Cannelton, WV: less expensive homes
- Cameronsville, AL: higher priced homes
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- Bridgewater Center, OH: higher priced homes
- Brantwood, WI: equally priced homes
- Bragg City, MO: less expensive homes
- Boone, OK: less expensive homes
- Carbon Hill, OH: less expensive homes
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