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These days, finding an affordable place to live in the Lyman area can be challenging. Home prices in Lyman are now at a median cost of $120,524, lower than the Iowa average of $226,062.
The average cost of rent is $941/mo in Lyman, primarily driven by the current value of real estate in the Lyman area. In Lyman, 21.61% of households rent, and 61.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lyman is $5,310 per month. Households that rent pay about 17.72% of their income on rent here. Lyman’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grant, IA: higher priced homes
- Cumberland, IA: higher priced homes
- Griswold, IA: equally priced homes
- Lewis, IA: higher priced homes
- Elliott, IA: equally priced homes
- Massena, IA: higher priced homes
- Wiota, IA: higher priced homes
- Atlantic, IA: higher priced homes
- Carbon, IA: higher priced homes
- Mount Etna, IA: higher priced homes
Cities with Similar Populations
- Egypt, GA: higher priced homes
- Thomas Mountain, CA: higher priced homes
- Temvik, ND: higher priced homes
- Tecopa, CA: equally priced homes
- Geetingsville, IN: higher priced homes
- Energy, PA: higher priced homes
- Elm Springs, TN: higher priced homes
- Elk Falls, KS: less expensive homes
- Eliza, LA: higher priced homes
- Elgin, OH: higher priced homes
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