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These days, finding an affordable place to live in the Lacona area can be challenging. Home prices in Lacona are now at a median cost of $141,957, lower than the Iowa average of $226,062.
The average cost of rent is $1,000/mo in Lacona, primarily driven by the current value of real estate in the Lacona area. In Lacona, 11.90% of households rent, and 54.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lacona is $6,534 per month. Households that rent pay about 15.30% of their income on rent here. Lacona’s most expensive areas are in the northwestern 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
- Newbern, IA: higher priced homes
- Liberty Center, IA: higher priced homes
- Milo, IA: higher priced homes
- Oakley, IA: higher priced homes
- Dallas, IA: higher priced homes
- Melcher-Dallas, IA: less expensive homes
- Norwood, IA: higher priced homes
- Melcher, IA: higher priced homes
- Williamson, IA: higher priced homes
- Sandyville, IA: higher priced homes
Cities with Similar Populations
- Whaleyville, MD: higher priced homes
- Hollandale, MN: higher priced homes
- Holly Grove, AR: less expensive homes
- Holmesville, MS: less expensive homes
- Hoover, MO: higher priced homes
- Hop Bottom, PA: higher priced homes
- Jamaica, VT: higher priced homes
- Wiley, CO: higher priced homes
- Wiginton, AL: less expensive homes
- Whittlesey, WI: higher priced homes
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