Expensive
Affordable
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These days, finding an affordable place to live in the Mingo area can be challenging. Home prices in Mingo are now at a median cost of $296,415, higher than the Iowa average of $226,062.
The average cost of rent is $907/mo in Mingo, primarily driven by the current value of real estate in the Mingo area. In Mingo, 11.14% of households rent, and 38.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mingo is $8,860 per month. Households that rent pay about 10.24% of their income on rent here. Mingo’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valeria, IA: equally priced homes
- Ira, IA: higher priced homes
- Green Castle, IA: equally priced homes
- Colfax, IA: less expensive homes
- Goddard, IA: higher priced homes
- Santiago, IA: higher priced homes
- Baxter, IA: less expensive homes
- Collins, IA: less expensive homes
- Mitchellville, IA: less expensive homes
- Maxwell, IA: equally priced homes
Cities with Similar Populations
- Springvale, NY: less expensive homes
- Horton, IA: less expensive homes
- Howel, KY: less expensive homes
- Hutton, IL: less expensive homes
- Ida, LA: less expensive homes
- Ira, TX: less expensive homes
- Jarbalo, KS: higher priced homes
- Jefferson Valley, NY: higher priced homes
- Shorterville, AL: less expensive homes
- Sisco Heights, WA: higher priced homes
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