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

 

Jewell Junction, IA Map of Most Affordable Neighborhoods
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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 $114,552, lower than the Iowa average of $182,666.

The average cost of rent is $843/mo in Jewell Junction, primarily driven by the current value of real estate in the Jewell Junction area. While nearly 27.42% of residents own their homes outright in Jewell Junction, 17.49% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jewell Junction is $6,325 per month. Households that rent pay about 13.33% of their income on rent here. Jewell Junction's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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