Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murray area can be challenging. Home prices in Murray are now at a median cost of $134,858, lower than the Iowa average of $182,666.
The average cost of rent is $831/mo in Murray, primarily driven by the current value of real estate in the Murray area. While nearly 53.48% of residents own their homes outright in Murray, 16.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murray is $4,887 per month. Households that rent pay about 17.00% of their income on rent here. Murray's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Thayer, IA: higher priced homes
- Osceola, IA: less expensive homes
- Lorimor, IA: equally priced homes
- Grand River, IA: less expensive homes
- Van Wert, IA: less expensive homes
- Truro, IA: higher priced homes
- Afton, IA: less expensive homes
- Ellston, IA: higher priced homes
- Weldon, IA: less expensive homes
- East Peru, IA: higher priced homes
Cities with Similar Populations
- Lisbon, NY: less expensive homes
- White Sulphur Springs, MT: higher priced homes
- Willow, AK: higher priced homes
- Winchester, MO: higher priced homes
- Wolcott, IN: less expensive homes
- McKiddyville, OK: higher priced homes
- Mapleton, ND: higher priced homes
- Loyalton, CA: higher priced homes
- Woodridge, NY: less expensive homes
- Worthington Hills, KY: higher priced homes
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