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These days, finding an affordable place to live in the Medora area can be challenging. Home prices in Medora are now at a median cost of $364,975, higher than the Iowa average of $226,062.
The average cost of rent is $1,255/mo in Medora, primarily driven by the current value of real estate in the Medora area. In Medora, 11.15% of households rent, and 40.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medora is $9,494 per month. Households that rent pay about 13.22% of their income on rent here. Medora’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indianola, IA: less expensive homes
- Spring Hill, IA: equally priced homes
- Ackworth, IA: less expensive homes
- Summerset, IA: less expensive homes
- Prole, IA: equally priced homes
- St. Marys, IA: equally priced homes
- Martensdale, IA: less expensive homes
- Milo, IA: less expensive homes
- Scotch Ridge, IA: equally priced homes
- Palmyra, IA: less expensive homes
Cities with Similar Populations
- Riverton, OR: equally priced homes
- Oak Ridge Park, NC: less expensive homes
- Red Point, MD: higher priced homes
- Reedtown, MS: less expensive homes
- Regan, NC: less expensive homes
- Reid, NC: higher priced homes
- Revenge, OH: less expensive homes
- Reynolds, MO: less expensive homes
- Rhame, ND: less expensive homes
- Richey, MT: less expensive homes
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