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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 $211,648, lower than the Wisconsin average of $280,373.
The average cost of rent is $839/mo in Iola, primarily driven by the current value of real estate in the Iola area. In Iola, 26.33% of households rent, and 37.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Iola is $5,783 per month. Households that rent pay about 14.50% of their income on rent here. Iola’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Northland, WI: higher priced homes
- Scandinavia, WI: higher priced homes
- Peru, WI: higher priced homes
- Ogdensburg, WI: equally priced homes
- Big Falls, WI: higher priced homes
- Nelsonville, WI: higher priced homes
- Garfield, WI: higher priced homes
- Amherst Junction, WI: higher priced homes
- Sheridan, WI: equally priced homes
- Norske, WI: equally priced homes
Cities with Similar Populations
- Warsaw, OH: less expensive homes
- Hansen, ID: higher priced homes
- Stringer, MS: less expensive homes
- Castleton, VT: less expensive homes
- Center Harbor, NH: higher priced homes
- Collinsville, CT: higher priced homes
- Flat Rock, AL: less expensive homes
- Kohler, WI: higher priced homes
- Adams, WI: less expensive homes
- Rentz, GA: less expensive homes
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