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Affordable
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These days, finding an affordable place to live in the Lovilia area can be challenging. Home prices in Lovilia are now at a median cost of $162,750, lower than the Iowa average of $226,062.
The average cost of rent is $746/mo in Lovilia, primarily driven by the current value of real estate in the Lovilia area. In Lovilia, 14.43% of households rent, and 48.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lovilia is $5,612 per month. Households that rent pay about 13.29% of their income on rent here. Lovilia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marysville, IA: less expensive homes
- Hamilton, IA: less expensive homes
- Hiteman, IA: equally priced homes
- Bussey, IA: less expensive homes
- Weller, IA: equally priced homes
- Georgetown, IA: less expensive homes
- Albia, IA: less expensive homes
- Attica, IA: equally priced homes
- Tracy, IA: equally priced homes
- Avery, IA: higher priced homes
Cities with Similar Populations
- Story, AR: higher priced homes
- Bruner, MO: higher priced homes
- Bryantsville, IN: equally priced homes
- Buchanan Lake Village, TX: higher priced homes
- Burbank, FL: higher priced homes
- Burt, IA: less expensive homes
- Cairo, KY: higher priced homes
- Camptown, VA: higher priced homes
- Cannon, TX: higher priced homes
- Carey, ID: higher priced homes
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