Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $83,041, lower than the Iowa average of $182,666.
The average cost of rent is $540/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. While nearly 48.24% of residents own their homes outright in Hamilton, 9.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $5,120 per month. Households that rent pay about 10.55% of their income on rent here. Hamilton's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Marysville, IA: higher priced homes
- Bussey, IA: higher priced homes
- Lovilia, IA: higher priced homes
- Attica, IA: higher priced homes
- Tracy, IA: equally priced homes
- Weller, IA: higher priced homes
- Pershing, IA: higher priced homes
- Hiteman, IA: higher priced homes
- Olivet, IA: higher priced homes
- Harvey, IA: higher priced homes
Cities with Similar Populations
- Ai, AL: higher priced homes
- Zurich, MT: higher priced homes
- Zittau, WI: higher priced homes
- White Sulphur Springs, LA: higher priced homes
- White Sulphur, OH: higher priced homes
- Avon, MS: less expensive homes
- Austin, CO: higher priced homes
- Ashburn, MO: higher priced homes
- Arona, PA: higher priced homes
- Argus, PA: higher priced homes
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