Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Iron area can be challenging. Home prices in Iron are now at a median cost of $144,132, lower than the Minnesota average of $269,934.
The average cost of rent is $741/mo in Iron, primarily driven by the current value of real estate in the Iron area. While nearly 49.38% of residents own their homes outright in Iron, 8.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Iron is $5,616 per month. Households that rent pay about 13.19% of their income on rent here. Iron's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Iron Junction, MN: higher priced homes
- Leonidas, MN: equally priced homes
- Eveleth, MN: equally priced homes
- Forbes, MN: less expensive homes
- Wilpen, MN: higher priced homes
- Zim, MN: less expensive homes
- Mountain Iron, MN: equally priced homes
- Genoa, MN: higher priced homes
- Buhl, MN: equally priced homes
- Parkville, MN: less expensive homes
Cities with Similar Populations
- Annapolis Junction, MD: higher priced homes
- Pernell, OK: less expensive homes
- Newellton, LA: less expensive homes
- Newington, GA: less expensive homes
- North Fairfield, OH: equally priced homes
- Nye, WI: higher priced homes
- Ontario, WI: higher priced homes
- Oregon House, CA: higher priced homes
- Outland, SC: less expensive homes
- Paducah, TX: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood