Home Price Key
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These days, finding an affordable place to live in the Mount Carmel area can be challenging. Home prices in Mount Carmel are now at a median cost of $199,200, higher than the Iowa average of $182,666.
The average cost of rent is $674/mo in Mount Carmel, primarily driven by the current value of real estate in the Mount Carmel area. While nearly 51.00% of residents own their homes outright in Mount Carmel, 14.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Carmel is $6,804 per month. Households that rent pay about 9.91% of their income on rent here. Mount Carmel's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Maple River, IA: equally priced homes
- Breda, IA: less expensive homes
- Lidderdale, IA: equally priced homes
- Auburn, IA: less expensive homes
- Carroll, IA: less expensive homes
- Grant City, IA: less expensive homes
- Ulmer, IA: less expensive homes
- Carnarvon, IA: less expensive homes
- Arcadia, IA: less expensive homes
- Lanesboro, IA: equally priced homes
Cities with Similar Populations
- Grogan, MO: less expensive homes
- Hayes Center, NE: less expensive homes
- Hastings, IA: less expensive homes
- Hartwick, IA: less expensive homes
- Hardy, MS: less expensive homes
- Hanna, OK: less expensive homes
- Hanaford, IL: less expensive homes
- Hampden, WV: less expensive homes
- Halliday, AR: less expensive homes
- Hadensville, KY: less expensive homes
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