Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Janesville area can be challenging. Home prices in Janesville are now at a median cost of $283,678, higher than the Iowa average of $226,062.
The average cost of rent is $830/mo in Janesville, primarily driven by the current value of real estate in the Janesville area. In Janesville, 11.53% of households rent, and 34.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Janesville is $8,649 per month. Households that rent pay about 9.60% of their income on rent here. Janesville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waverly, IA: less expensive homes
- North Cedar, IA: higher priced homes
- Denver, IA: less expensive homes
- Shell Rock, IA: less expensive homes
- New Hartford, IA: less expensive homes
- Cedar Falls, IA: equally priced homes
- Bremer, IA: higher priced homes
- Knittel, IA: less expensive homes
- Clarksville, IA: less expensive homes
- Horton, IA: less expensive homes
Cities with Similar Populations
- Belmond, IA: less expensive homes
- Bourbon, IN: less expensive homes
- Villa Grove, IL: less expensive homes
- Dakota City, NE: less expensive homes
- New Britain, PA: higher priced homes
- McComb, OH: less expensive homes
- New Florence, PA: less expensive homes
- Northville, NY: less expensive homes
- Perrysville, OH: less expensive homes
- Pleasant Valley, MO: less expensive homes
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