The Most Affordable Neighborhoods in Le Mars, IA by Home Value

 

Le Mars, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Le Mars area can be challenging. Home prices in Le Mars are now at a median cost of $183,723, higher than the Iowa average of $182,666.

The average cost of rent is $793/mo in Le Mars, primarily driven by the current value of real estate in the Le Mars area. While nearly 43.93% of residents own their homes outright in Le Mars, 29.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Le Mars is $5,774 per month. Households that rent pay about 13.73% of their income on rent here. Le Mars's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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