The Most Affordable Neighborhoods in Latimer, IA by Home Value

 

Latimer, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Latimer area can be challenging. Home prices in Latimer are now at a median cost of $104,216, lower than the Iowa average of $182,666.

The average cost of rent is $835/mo in Latimer, primarily driven by the current value of real estate in the Latimer area. While nearly 58.11% of residents own their homes outright in Latimer, 36.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Latimer is $5,806 per month. Households that rent pay about 14.39% of their income on rent here. Latimer's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.


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