The Most Affordable Neighborhoods in Lotts Creek, IA by Home Value

 

Lotts Creek, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lotts Creek area can be challenging. Home prices in Lotts Creek are now at a median cost of $105,542, lower than the Iowa average of $182,666.

The average cost of rent is $698/mo in Lotts Creek, primarily driven by the current value of real estate in the Lotts Creek area. While nearly 56.75% of residents own their homes outright in Lotts Creek, 13.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lotts Creek is $5,766 per month. Households that rent pay about 12.11% of their income on rent here. Lotts Creek's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.


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