The Most Affordable Neighborhoods in Lambs Grove, IA by Home Value

 

Lambs Grove, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lambs Grove area can be challenging. Home prices in Lambs Grove are now at a median cost of $201,500, lower than the Iowa average of $226,062.

The average cost of rent is $879/mo in Lambs Grove, primarily driven by the current value of real estate in the Lambs Grove area. In Lambs Grove, 21.40% of households rent, and 42.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lambs Grove is $5,859 per month. Households that rent pay about 15.00% of their income on rent here. Lambs Grove’s most expensive areas are in the central 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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