Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Iva area can be challenging. Home prices in Iva are now at a median cost of $160,811, lower than the Michigan average of $196,062.
The average cost of rent is $746/mo in Iva, primarily driven by the current value of real estate in the Iva area. While nearly 46.88% of residents own their homes outright in Iva, 4.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Iva is $5,866 per month. Households that rent pay about 12.72% of their income on rent here. Iva's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ryan, MI: less expensive homes
- Laporte, MI: equally priced homes
- Hemlock, MI: equally priced homes
- Poseyville, MI: equally priced homes
- Orr, MI: equally priced homes
- Merrill, MI: less expensive homes
- Frost, MI: equally priced homes
- Bullock Creek, MI: less expensive homes
- Freeland, MI: higher priced homes
- Mapleton, MI: equally priced homes
Cities with Similar Populations
- Alamo, NV: less expensive homes
- Tilden, IL: less expensive homes
- Alpine, NY: less expensive homes
- Ashland, KS: less expensive homes
- Pinebur, MS: less expensive homes
- Pope Mills, NY: less expensive homes
- Pilot Knob, MO: less expensive homes
- Pettyville, WV: less expensive homes
- Peoria, TX: less expensive homes
- Penasco, NM: equally priced homes
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