Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Iowa Colony area can be challenging. Home prices in Iowa Colony are now at a median cost of $324,780, higher than the Texas average of $235,268.
The average cost of rent is $1,180/mo in Iowa Colony, primarily driven by the current value of real estate in the Iowa Colony area. While nearly 18.43% of residents own their homes outright in Iowa Colony, 2.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Iowa Colony is $10,081 per month. Households that rent pay about 11.71% of their income on rent here. Iowa Colony's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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