Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nichols area can be challenging. Home prices in Nichols are now at a median cost of $137,707, lower than the Iowa average of $182,666.
The average cost of rent is $665/mo in Nichols, primarily driven by the current value of real estate in the Nichols area. While nearly 54.78% of residents own their homes outright in Nichols, 9.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nichols is $5,396 per month. Households that rent pay about 12.33% of their income on rent here. Nichols's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- West Liberty, IA: higher priced homes
- Conesville, IA: higher priced homes
- Atalissa, IA: equally priced homes
- Pleasant Prairie, IA: higher priced homes
- Lone Tree, IA: higher priced homes
- Letts, IA: higher priced homes
- Fruitland, IA: equally priced homes
- Muscatine, IA: equally priced homes
- Downey, IA: higher priced homes
- Moscow, IA: higher priced homes
Cities with Similar Populations
- Chandlers Valley, PA: equally priced homes
- Wind River, WY: less expensive homes
- Chester, AR: equally priced homes
- White Eagle, OK: equally priced homes
- Wolfton, SC: less expensive homes
- Bostwick, GA: higher priced homes
- Blue Ball, PA: higher priced homes
- Berville, MI: higher priced homes
- Westpoint, TN: less expensive homes
- Baskin, LA: less expensive homes
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