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These days, finding an affordable place to live in the Morley area can be challenging. Home prices in Morley are now at a median cost of $281,024, higher than the Iowa average of $226,062.
The average cost of rent is $750/mo in Morley, primarily driven by the current value of real estate in the Morley area. In Morley, 17.96% of households rent, and 45.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morley is $7,171 per month. Households that rent pay about 10.45% of their income on rent here. Morley’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
- Olin, IA: less expensive homes
- Martelle, IA: higher priced homes
- Fairview, IA: higher priced homes
- Anamosa, IA: less expensive homes
- Mechanicsville, IA: less expensive homes
- Stanwood, IA: less expensive homes
- Hale, IA: less expensive homes
- Stone City, IA: less expensive homes
- Viola, IA: higher priced homes
- Lisbon, IA: equally priced homes
Cities with Similar Populations
- Garneill, MT: higher priced homes
- Gloria Glens Park, OH: equally priced homes
- Glencairn, NY: less expensive homes
- Glen Springs, KY: less expensive homes
- Gilman, MN: higher priced homes
- Gilead, MI: less expensive homes
- Gideon, OK: less expensive homes
- Germantown, PA: higher priced homes
- Georgetown, CT: higher priced homes
- Gem, IN: equally priced homes
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