Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Marengo area can be challenging. Home prices in Marengo are now at a median cost of $116,874, lower than the Iowa average of $182,666.
The average cost of rent is $645/mo in Marengo, primarily driven by the current value of real estate in the Marengo area. While nearly 36.63% of residents own their homes outright in Marengo, 21.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marengo is $5,246 per month. Households that rent pay about 12.30% of their income on rent here. Marengo's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Conroy, IA: higher priced homes
- Blairstown, IA: higher priced homes
- Ladora, IA: higher priced homes
- Koszta, IA: higher priced homes
- Amana, IA: higher priced homes
- South Amana, IA: higher priced homes
- Middle Amana, IA: higher priced homes
- Watkins, IA: higher priced homes
- Luzerne, IA: higher priced homes
- Williamsburg, IA: higher priced homes
Cities with Similar Populations
- Bloomsbury, NJ: higher priced homes
- Stryker, OH: equally priced homes
- Nags Head, NC: higher priced homes
- National Park, NJ: higher priced homes
- Waco, GA: equally priced homes
- Goode, VA: higher priced homes
- West End-Cobb Town, AL: less expensive homes
- Pierson, FL: higher priced homes
- Fort Loramie, OH: higher priced homes
- Farmingdale, ME: higher priced homes
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