Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Nora Springs area can be challenging. Home prices in Nora Springs are now at a median cost of $181,281, lower than the Iowa average of $226,062.
The average cost of rent is $773/mo in Nora Springs, primarily driven by the current value of real estate in the Nora Springs area. In Nora Springs, 13.63% of households rent, and 40.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nora Springs is $8,819 per month. Households that rent pay about 8.77% of their income on rent here. Nora Springs’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rudd, IA: less expensive homes
- Rock Falls, IA: equally priced homes
- Rockford, IA: less expensive homes
- Portland, IA: higher priced homes
- Hanford, IA: higher priced homes
- Rock Creek, IA: higher priced homes
- Plymouth, IA: equally priced homes
- Mason City, IA: equally priced homes
- Cartersville, IA: higher priced homes
- Freeman, IA: higher priced homes
Cities with Similar Populations
- Worton, MD: higher priced homes
- Avon-by-the-Sea, NJ: higher priced homes
- Deerfield, MI: higher priced homes
- Dale, WI: higher priced homes
- Cope, SC: less expensive homes
- Constable, NY: less expensive homes
- Conklin, MI: higher priced homes
- Colquitt, LA: less expensive homes
- Collings Lakes, NJ: higher priced homes
- Colchester, IL: less expensive homes
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