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These days, finding an affordable place to live in the Miles area can be challenging. Home prices in Miles are now at a median cost of $164,350, lower than the Iowa average of $226,062.
The average cost of rent is $660/mo in Miles, primarily driven by the current value of real estate in the Miles area. In Miles, 15.45% of households rent, and 37.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Miles is $7,129 per month. Households that rent pay about 9.26% of their income on rent here. Miles’s most expensive areas are in the northwestern 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.
Nearby Cities
- Preston, IA: equally priced homes
- Teeds Grove, IA: higher priced homes
- Sabula, IA: equally priced homes
- Andover, IA: higher priced homes
- Spragueville, IA: equally priced homes
- Bryant, IA: higher priced homes
- Hauntown, IA: higher priced homes
- Savanna, IL: less expensive homes
- Springbrook, IA: higher priced homes
- Goose Lake, IA: higher priced homes
Cities with Similar Populations
- Spencer, MI: higher priced homes
- Harrodsburg, IN: higher priced homes
- Haverhill, NH: higher priced homes
- Hestertown, NC: less expensive homes
- Homecroft, IN: higher priced homes
- Homer, OK: higher priced homes
- Hometown, WV: higher priced homes
- Seaville, NJ: higher priced homes
- Somerville, IN: equally priced homes
- South Strafford, VT: higher priced homes
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