
Home Price Key
These days, finding an affordable place to live in the Luxemburg area can be challenging. Home prices in Luxemburg are now at a median cost of $169,957, lower than the Iowa average of $182,666.
The average cost of rent is $520/mo in Luxemburg, primarily driven by the current value of real estate in the Luxemburg area. While nearly 51.89% of residents own their homes outright in Luxemburg, 10.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luxemburg is $6,164 per month. Households that rent pay about 8.44% of their income on rent here. Luxemburg's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
- Yulan, NY: higher priced homes
- Valley View, MO: less expensive homes
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- Urbandale, MO: equally priced homes
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- Big Creek, KY: less expensive homes
- Beryl, UT: higher priced homes
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