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These days, finding an affordable place to live in the New Albin area can be challenging. Home prices in New Albin are now at a median cost of $176,777, lower than the Iowa average of $226,062.
The average cost of rent is $409/mo in New Albin, primarily driven by the current value of real estate in the New Albin area. In New Albin, 15.94% of households rent, and 68.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Albin is $6,708 per month. Households that rent pay about 6.10% of their income on rent here. New Albin’s most expensive areas are in the southwestern 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
- Victory, WI: equally priced homes
- Eitzen, MN: higher priced homes
- DeSoto, WI: equally priced homes
- Reno, MN: higher priced homes
- West Prairie, WI: equally priced homes
- Lansing, IA: equally priced homes
- Genoa, WI: higher priced homes
- Freeburg, MN: higher priced homes
- Dorchester, IA: higher priced homes
- Romance, WI: higher priced homes
Cities with Similar Populations
- Clay Center, NE: less expensive homes
- Versailles, IL: equally priced homes
- Verona, TN: higher priced homes
- Dalton, NY: less expensive homes
- Crystal Lakes, MO: higher priced homes
- Cold Spring, PA: higher priced homes
- Cokeville, WY: higher priced homes
- Cochran, VA: less expensive homes
- Coalton, OH: less expensive homes
- Vickeryville, MI: higher priced homes
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