Home Price Key
Affordable
Average
Expensive
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 $134,024, lower than the Iowa average of $182,666.
The average cost of rent is $747/mo in Lorimor, primarily driven by the current value of real estate in the Lorimor area. While nearly 45.64% of residents own their homes outright in Lorimor, 18.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorimor is $6,003 per month. Households that rent pay about 12.44% of their income on rent here. Lorimor's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Macksburg, IA: higher priced homes
- Peru, IA: higher priced homes
- East Peru, IA: higher priced homes
- Thayer, IA: higher 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: equally priced homes
- Clarks Hill, IN: higher priced homes
- Conrath, WI: higher 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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