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These days, finding an affordable place to live in the Iona area can be challenging. Home prices in Iona are now at a median cost of $285,955, lower than the New Jersey average of $496,577.
The average cost of rent is $1,683/mo in Iona, primarily driven by the current value of real estate in the Iona area. In Iona, 18.18% of households rent, and 32.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Iona is $8,778 per month. Households that rent pay about 19.18% of their income on rent here. Iona’s most expensive areas are in the central 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
- Franklinville, NJ: higher priced homes
- Clayton, NJ: less expensive homes
- Malaga, NJ: equally priced homes
- Monroeville, NJ: higher priced homes
- Newfield, NJ: equally priced homes
- Friendship, NJ: equally priced homes
- Elmer, NJ: equally priced homes
- Greenville, NJ: higher priced homes
- Williamstown, NJ: equally priced homes
- Glassboro, NJ: equally priced homes
Cities with Similar Populations
- English Lake, IN: less expensive homes
- Donegal, MS: less expensive homes
- Douds, IA: less expensive homes
- Woodrow, KY: less expensive homes
- Drake, ND: less expensive homes
- Dunbar, NE: equally priced homes
- Woodmans Mills, ME: equally priced homes
- Duplainville, WI: higher priced homes
- Woodhaven, LA: less expensive homes
- Dutch Flat, CA: higher priced homes
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