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These days, finding an affordable place to live in the Lorimor area can be challenging. Home prices in Lorimor are now at a median cost of $165,391, lower than the Iowa average of $226,062.
The average cost of rent is $805/mo in Lorimor, primarily driven by the current value of real estate in the Lorimor area. In Lorimor, 13.88% of households rent, and 53.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lorimor is $6,300 per month. Households that rent pay about 12.78% of their income on rent here. Lorimor’s most expensive areas are in the northeastern 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
- Macksburg, IA: higher priced homes
- Peru, IA: higher priced homes
- East Peru, IA: higher priced homes
- Thayer, IA: equally priced homes
- Afton, IA: less expensive homes
- Murray, IA: equally priced homes
- Zion, IA: higher priced homes
- Truro, IA: higher priced homes
- Winterset, IA: higher priced homes
- Spaulding, IA: higher priced homes
Cities with Similar Populations
- Whistler, MS: less expensive homes
- Clarks Hill, IN: higher priced homes
- Conrath, WI: equally priced homes
- Flat Rock, IN: higher priced homes
- Freeman, IN: higher priced homes
- Grandview, IN: equally priced homes
- Great Bend, NY: equally priced homes
- Warner Springs, CA: higher priced homes
- Welcome, MN: equally priced homes
- West Bend, IA: higher priced homes
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