Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mason City area can be challenging. Home prices in Mason City are now at a median cost of $151,782, lower than the Iowa average of $182,666.
The average cost of rent is $798/mo in Mason City, primarily driven by the current value of real estate in the Mason City area. While nearly 40.39% of residents own their homes outright in Mason City, 27.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mason City is $5,604 per month. Households that rent pay about 14.24% of their income on rent here. Mason City's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Portland, IA: higher priced homes
- Freeman, IA: higher priced homes
- Emery, IA: equally priced homes
- Hanford, IA: higher priced homes
- Rock Falls, IA: equally priced homes
- Plymouth, IA: equally priced homes
- Clear Lake, IA: higher priced homes
- Manly, IA: less expensive homes
- Nora Springs, IA: less expensive homes
- Rockwell, IA: equally priced homes
Cities with Similar Populations
- Faribault, MN: higher priced homes
- Green, OH: higher priced homes
- Glasgow, KY: less expensive homes
- Fremont, OH: less expensive homes
- Freeport, IL: less expensive homes
- Fortuna Foothills, AZ: less expensive homes
- Fort Hood, TX: equally priced homes
- Fort Dodge, IA: less expensive homes
- Flowing Wells, AZ: less expensive homes
- Feasterville-Trevose, PA: higher priced homes
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