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These days, finding an affordable place to live in the Matlock area can be challenging. Home prices in Matlock are now at a median cost of $270,284, higher than the Iowa average of $226,062.
The average cost of rent is $819/mo in Matlock, primarily driven by the current value of real estate in the Matlock area. In Matlock, 8.76% of households rent, and 51.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Matlock is $8,101 per month. Households that rent pay about 10.11% of their income on rent here. Matlock’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boyden, IA: equally priced homes
- Sheldon, IA: less expensive homes
- George, IA: less expensive homes
- Ashton, IA: less expensive homes
- Hull, IA: less expensive homes
- Newkirk, IA: higher priced homes
- Hospers, IA: less expensive homes
- Archer, IA: less expensive homes
- Little Rock, IA: less expensive homes
- Perkins, IA: higher priced homes
Cities with Similar Populations
- Bon Haven, KY: higher priced homes
- Avoca, TX: less expensive homes
- Avon Park Lakes, FL: less expensive homes
- Babb, MT: less expensive homes
- Bailey Island, ME: higher priced homes
- Thayer, IA: less expensive homes
- Canyon Creek, MT: higher priced homes
- Unger, OK: less expensive homes
- Treadwell, NY: less expensive homes
- Trimble, OH: less expensive homes
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