Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Iola area can be challenging. Home prices in Iola are now at a median cost of $204,211, lower than the Texas average of $235,268.
The average cost of rent is $810/mo in Iola, primarily driven by the current value of real estate in the Iola area. While nearly 62.78% of residents own their homes outright in Iola, 12.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Iola is $5,314 per month. Households that rent pay about 15.25% of their income on rent here. Iola's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Keith, TX: higher priced homes
- Kurten, TX: higher priced homes
- Singleton, TX: less expensive homes
- North Zulch, TX: equally priced homes
- Bedias, TX: less expensive homes
- Roans Prairie, TX: equally priced homes
- Wixon Valley, TX: higher priced homes
- Bryan, TX: less expensive homes
- Shiro, TX: less expensive homes
- Rye, TX: less expensive homes
Cities with Similar Populations
- Redland, TX: less expensive homes
- Kealakekua, HI: higher priced homes
- King William, VA: equally priced homes
- Lake Village, IN: less expensive homes
- Lipan, TX: less expensive homes
- Loreauville, LA: less expensive homes
- Attleboro Falls, MA: higher priced homes
- Mapleton, MN: less expensive homes
- Marengo, IN: less expensive homes
- Oxford, WI: less expensive homes
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