Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Hobarton area can be challenging. Home prices in Hobarton are now at a median cost of $197,147, higher than the Iowa average of $182,666.
The average cost of rent is $756/mo in Hobarton, primarily driven by the current value of real estate in the Hobarton area. While nearly 42.03% of residents own their homes outright in Hobarton, 20.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hobarton is $7,361 per month. Households that rent pay about 10.28% of their income on rent here. Hobarton's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Seven Lakes, NM: less expensive homes
- Luzerne, IA: equally priced homes
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- Sand Barrens, IL: less expensive homes
- Saxton, KY: less expensive homes
- Scipio, KS: less expensive homes
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