The Most Affordable Neighborhoods in Little Cedar, IA by Home Value

 

Little Cedar, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Little Cedar area can be challenging. Home prices in Little Cedar are now at a median cost of $144,679, lower than the Iowa average of $226,062.

The average cost of rent is $542/mo in Little Cedar, primarily driven by the current value of real estate in the Little Cedar area. In Little Cedar, 12.54% of households rent, and 57.33% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Little Cedar is $4,960 per month. Households that rent pay about 10.93% of their income on rent here. Little Cedar’s most expensive areas are in the southeastern 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.


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