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These days, finding an affordable place to live in the Minerva area can be challenging. Home prices in Minerva are now at a median cost of $171,303, lower than the Iowa average of $226,062.
The average cost of rent is $1,015/mo in Minerva, primarily driven by the current value of real estate in the Minerva area. In Minerva, 15.96% of households rent, and 48.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Minerva is $8,365 per month. Households that rent pay about 12.14% of their income on rent here. Minerva’s most expensive areas are in the central 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
- Clemons, IA: equally priced homes
- Marietta, IA: equally priced homes
- Albion, IA: equally priced homes
- LaMoille, IA: higher priced homes
- St. Anthony, IA: equally priced homes
- Liscomb, IA: equally priced homes
- State Center, IA: equally priced homes
- Union, IA: less expensive homes
- Dunbar, IA: higher priced homes
- Marshalltown, IA: less expensive homes
Cities with Similar Populations
- Rock Mills, VA: higher priced homes
- Norway Ridge, WI: less expensive homes
- Norwood, VA: higher priced homes
- Ohio City, CO: higher priced homes
- Oilfield, IL: less expensive homes
- Okaton, SD: less expensive homes
- Old Glory, TX: less expensive homes
- Olowalu, HI: higher priced homes
- Omaha, MO: less expensive homes
- Orrs, SC: higher priced homes
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