The Most Affordable Neighborhoods in Monteith, IA by Home Value

 

Monteith, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Monteith area can be challenging. Home prices in Monteith are now at a median cost of $153,376, lower than the Iowa average of $182,666.

The average cost of rent is $601/mo in Monteith, primarily driven by the current value of real estate in the Monteith area. While nearly 43.57% of residents own their homes outright in Monteith, 20.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in Monteith is $6,245 per month. Households that rent pay about 9.63% of their income on rent here. Monteith's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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