The Most Affordable Neighborhoods in Mark, IA by Home Value

These days, finding an affordable place to live in the Mark area can be challenging. Home prices in Mark are now at a median cost of $154,940, lower than the Iowa average of $226,062.

The average cost of rent is $1,006/mo in Mark, primarily driven by the current value of real estate in the Mark area. In Mark, 17.57% of households rent, and 48.61% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mark is $5,748 per month. Households that rent pay about 17.50% of their income on rent here. Mark’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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