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Affordable
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These days, finding an affordable place to live in the Hedrick area can be challenging. Home prices in Hedrick are now at a median cost of $113,282, lower than the Iowa average of $226,062.
The average cost of rent is $722/mo in Hedrick, primarily driven by the current value of real estate in the Hedrick area. In Hedrick, 18.78% of households rent, and 49.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hedrick is $6,614 per month. Households that rent pay about 10.92% of their income on rent here. Hedrick’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Martinsburg, IA: higher priced homes
- Highland Center, IA: higher priced homes
- Fremont, IA: equally priced homes
- Dahlonega, IA: higher priced homes
- Rutledge, IA: higher priced homes
- Delta, IA: equally priced homes
- Packwood, IA: higher priced homes
- Ollie, IA: higher priced homes
- Kirkville, IA: higher priced homes
- Cedar, IA: higher priced homes
Cities with Similar Populations
- Horrel Hill, SC: higher priced homes
- Silver Lake, NH: higher priced homes
- Roulette, PA: less expensive homes
- Lafayette, MN: higher priced homes
- La Moille, IL: higher priced homes
- Kingston, ID: higher priced homes
- Keystone, SD: higher priced homes
- Jumpertown, MS: higher priced homes
- Jay, NY: higher priced homes
- Jarvisburg, NC: higher priced homes
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