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Affordable
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These days, finding an affordable place to live in the Mona area can be challenging. Home prices in Mona are now at a median cost of $280,600, higher than the Iowa average of $226,062.
The average cost of rent is $900/mo in Mona, primarily driven by the current value of real estate in the Mona area. In Mona, 12.87% of households rent, and 48.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mona is $10,472 per month. Households that rent pay about 8.59% of their income on rent here. Mona’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Otranto, IA: equally priced homes
- Lyle, MN: less expensive homes
- St. Ansgar, IA: less expensive homes
- Carpenter, IA: less expensive homes
- London, MN: less expensive homes
- Toeterville, IA: less expensive homes
- Stacyville, IA: less expensive homes
- Johnsburg, MN: equally priced homes
- Austin Acres, MN: less expensive homes
- Rose Creek, MN: less expensive homes
Cities with Similar Populations
- Rosebud, NM: less expensive homes
- North Hughes, AR: less expensive homes
- Oaklevel, AL: less expensive homes
- Old Flat Lick, KY: less expensive homes
- Onawa, ME: less expensive homes
- Onton, KY: less expensive homes
- Orland, OH: higher priced homes
- Raven Run, PA: less expensive homes
- Rives, MO: less expensive homes
- Rockdale, KY: less expensive homes
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