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Affordable
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These days, finding an affordable place to live in the Lamoni area can be challenging. Home prices in Lamoni are now at a median cost of $114,857, lower than the Iowa average of $226,062.
The average cost of rent is $721/mo in Lamoni, primarily driven by the current value of real estate in the Lamoni area. In Lamoni, 37.85% of households rent, and 51.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamoni is $4,660 per month. Households that rent pay about 15.48% of their income on rent here. Lamoni’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Davis City, IA: equally priced homes
- Kellerton, IA: higher priced homes
- Decatur City, IA: equally priced homes
- Blythedale, MO: less expensive homes
- Eagleville, MO: less expensive homes
- Decatur, IA: equally priced homes
- Pleasanton, IA: equally priced homes
- Leon, IA: equally priced homes
- Beaconsfield, IA: higher priced homes
- Cainsville, MO: less expensive homes
Cities with Similar Populations
- Readfield, ME: higher priced homes
- Linesville, PA: higher priced homes
- Livingston Manor, NY: higher priced homes
- Lynne, FL: less expensive homes
- Machias, ME: higher priced homes
- Mahnomen, MN: higher priced homes
- Muenster, TX: higher priced homes
- Onancock, VA: higher priced homes
- Oswego, KS: less expensive homes
- Owen, WI: higher priced homes
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