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These days, finding an affordable place to live in the Nashua area can be challenging. Home prices in Nashua are now at a median cost of $150,518, lower than the Iowa average of $226,062.
The average cost of rent is $845/mo in Nashua, primarily driven by the current value of real estate in the Nashua area. In Nashua, 18.44% of households rent, and 46.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nashua is $5,907 per month. Households that rent pay about 14.31% of their income on rent here. Nashua’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chickasaw, IA: higher priced homes
- Midway, IA: higher priced homes
- Ionia, IA: higher priced homes
- Republic, IA: higher priced homes
- Bassett, IA: higher priced homes
- Plainfield, IA: higher priced homes
- Powersville, IA: higher priced homes
- Horton, IA: higher priced homes
- Charles City, IA: less expensive homes
- Packard, IA: higher priced homes
Cities with Similar Populations
- Leachville, AR: equally priced homes
- Shinglehouse, PA: less expensive homes
- Stinnett, TX: less expensive homes
- Painter, VA: higher priced homes
- Caplis, LA: higher priced homes
- Cambridge, IL: equally priced homes
- New Canton, VA: higher priced homes
- Barneveld, WI: higher priced homes
- Motley, MN: higher priced homes
- Mayetta, KS: higher priced homes
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