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These days, finding an affordable place to live in the Lester area can be challenging. Home prices in Lester are now at a median cost of $330,833, higher than the Iowa average of $226,062.
The average cost of rent is $867/mo in Lester, primarily driven by the current value of real estate in the Lester area. In Lester, 16.08% of households rent, and 40.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lester is $8,554 per month. Households that rent pay about 10.14% of their income on rent here. Lester’s most expensive areas are in the southeastern 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.
Nearby Cities
- Larchwood, IA: less expensive homes
- Alvord, IA: less expensive homes
- Hills, MN: less expensive homes
- Steen, MN: less expensive homes
- Rock Rapids, IA: less expensive homes
- Inwood, IA: less expensive homes
- Rowena, SD: equally priced homes
- Doon, IA: less expensive homes
- Valley Springs, SD: less expensive homes
- Beaver Creek, MN: less expensive homes
Cities with Similar Populations
- Diamond, AL: less expensive homes
- Vienna, ME: less expensive homes
- Vernalis, CA: higher priced homes
- Troy Mills, IA: higher priced homes
- Trout Valley, IL: equally priced homes
- Trist, MI: less expensive homes
- Treadway, TN: less expensive homes
- Toutle, WA: equally priced homes
- Tivoli, TX: less expensive homes
- Ferrelview, MO: less expensive homes
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