Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $147,111, lower than the Iowa average of $182,666.
The average cost of rent is $547/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. While nearly 40.53% of residents own their homes outright in Laurel, 8.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $6,397 per month. Households that rent pay about 8.56% of their income on rent here. Laurel's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Haverhill, IA: equally priced homes
- Van Cleve, IA: higher priced homes
- Ferguson, IA: higher priced homes
- Gilman, IA: less expensive homes
- Newburg, IA: higher priced homes
- Melbourne, IA: equally priced homes
- Kellogg, IA: equally priced homes
- Marshalltown, IA: less expensive homes
- Baxter, IA: higher priced homes
- Le Grand, IA: less expensive homes
Cities with Similar Populations
- Kings Creek, SC: less expensive homes
- Springville, VA: less expensive homes
- Springtown, MO: less expensive homes
- Lake Wissota, WI: higher priced homes
- Lacrosse, WA: less expensive homes
- Lacomb, OR: higher priced homes
- La Fayette, IL: less expensive homes
- Kyles Ford, TN: less expensive homes
- Knappa, OR: higher priced homes
- Spruce, WI: equally priced homes
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