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These days, finding an affordable place to live in the Ludlow area can be challenging. Home prices in Ludlow are now at a median cost of $252,999, higher than the Iowa average of $226,062.
The average cost of rent is $738/mo in Ludlow, primarily driven by the current value of real estate in the Ludlow area. In Ludlow, 12.25% of households rent, and 49.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow is $7,416 per month. Households that rent pay about 9.95% of their income on rent here. Ludlow’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waukon, IA: less expensive homes
- Freeport, IA: higher priced homes
- Nordness, IA: less expensive homes
- Postville, IA: less expensive homes
- Castalia, IA: less expensive homes
- Elon, IA: less expensive homes
- Sattre, IA: higher priced homes
- Volney, IA: equally priced homes
- Decorah, IA: equally priced homes
- Ossian, IA: less expensive homes
Cities with Similar Populations
- Toneyville, AR: equally priced homes
- Boiceville, NY: higher priced homes
- Bosque, NM: less expensive homes
- Youngville, TN: higher priced homes
- Bowmore, NC: less expensive homes
- Bowne Center, MI: higher priced homes
- Bradley, AR: less expensive homes
- Yorkshire, OH: higher priced homes
- York Center, WI: higher priced homes
- Timberlake, OH: equally priced homes
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