Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hanford area can be challenging. Home prices in Hanford are now at a median cost of $209,200, higher than the Iowa average of $182,666.
The average cost of rent is $659/mo in Hanford, primarily driven by the current value of real estate in the Hanford area. While nearly 63.61% of residents own their homes outright in Hanford, 2.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanford is $7,928 per month. Households that rent pay about 8.31% of their income on rent here. Hanford's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Portland, IA: less expensive homes
- Cartersville, IA: less expensive homes
- Mason City, IA: less expensive homes
- Rockwell, IA: less expensive homes
- Nora Springs, IA: less expensive homes
- Rock Falls, IA: less expensive homes
- Rockford, IA: less expensive homes
- Emery, IA: less expensive homes
- Freeman, IA: less expensive homes
- Dougherty, IA: less expensive homes
Cities with Similar Populations
- Padanaram, OH: less expensive homes
- New Zion, KY: less expensive homes
- Newark, MO: less expensive homes
- Newport, FL: higher priced homes
- Newville, WV: less expensive homes
- Northland, WI: equally priced homes
- Oak Forest, NC: higher priced homes
- Oak Hill, NY: less expensive homes
- Oak Orchard, NY: equally priced homes
- Orchard Beach, PA: less expensive homes
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