Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Sterling area can be challenging. Home prices in Mount Sterling are now at a median cost of $120,200, lower than the Iowa average of $182,666.
The average cost of rent is $863/mo in Mount Sterling, primarily driven by the current value of real estate in the Mount Sterling area. While nearly 57.55% of residents own their homes outright in Mount Sterling, 8.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sterling is $4,302 per month. Households that rent pay about 20.06% of their income on rent here. Mount Sterling's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lebanon, IA: less expensive homes
- Keosauqua, IA: less expensive homes
- Bonaparte, IA: equally priced homes
- Cantril, IA: equally priced homes
- Pittsburg, IA: higher priced homes
- Chambersburg, MO: equally priced homes
- Azen, MO: higher priced homes
- Mount Zion, IA: less expensive homes
- Farmington, IA: less expensive homes
- Milton, IA: less expensive homes
Cities with Similar Populations
- Sparkling Springs, VA: higher priced homes
- Ione, CO: higher priced homes
- Ironton, IN: equally priced homes
- Irvington, IA: higher priced homes
- Isle of Hope, GA: higher priced homes
- Ismay, MT: higher priced homes
- Janesville, IL: less expensive homes
- South Lee, MA: higher priced homes
- South Salem, IN: higher priced homes
- South Worcester, NY: higher priced homes
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