The Most Affordable Neighborhoods in Jewell Junction, IA by Home Value

These days, finding an affordable place to live in the Jewell Junction area can be challenging. Home prices in Jewell Junction are now at a median cost of $152,327, lower than the Iowa average of $226,062.

The average cost of rent is $939/mo in Jewell Junction, primarily driven by the current value of real estate in the Jewell Junction area. In Jewell Junction, 16.27% of households rent, and 35.63% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Jewell Junction is $6,960 per month. Households that rent pay about 13.49% of their income on rent here. Jewell Junction’s most expensive areas are in the southwestern 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.

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