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These days, finding an affordable place to live in the Iron Mountain Lake area can be challenging. Home prices in Iron Mountain Lake are now at a median cost of $51,976, lower than the Missouri average of $246,641.
The average cost of rent is $695/mo in Iron Mountain Lake, primarily driven by the current value of real estate in the Iron Mountain Lake area. In Iron Mountain Lake, 14.11% of households rent, and 66.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Iron Mountain Lake is $2,541 per month. Households that rent pay about 27.35% of their income on rent here. Iron Mountain Lake’s most expensive areas are in the northeastern 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
- Iron Mountain, MO: higher priced homes
- Roselle, MO: higher priced homes
- Pilot Knob, MO: higher priced homes
- Ironton, MO: higher priced homes
- Bismarck, MO: higher priced homes
- Doe Run, MO: higher priced homes
- Snow Hollow Lake, MO: higher priced homes
- Middle Brook, MO: higher priced homes
- Arcadia, MO: higher priced homes
- Killarney Shores, MO: higher priced homes
Cities with Similar Populations
- Alkol, WV: higher priced homes
- Altamont, MO: higher priced homes
- Analomink, PA: higher priced homes
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- Ashton, IA: higher priced homes
- Augusta, WV: higher priced homes
- Birdsnest, VA: higher priced homes
- Beaver Crossing, NE: higher priced homes
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