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These days, finding an affordable place to live in the Northfield area can be challenging. Home prices in Northfield are now at a median cost of $233,024, higher than the Iowa average of $226,062.
The average cost of rent is $915/mo in Northfield, primarily driven by the current value of real estate in the Northfield area. In Northfield, 15.30% of households rent, and 58.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northfield is $7,736 per month. Households that rent pay about 11.83% of their income on rent here. Northfield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kossuth, IA: less expensive homes
- Morning Sun, IA: less expensive homes
- Mediapolis, IA: less expensive homes
- Oakville, IA: less expensive homes
- Wapello, IA: less expensive homes
- Yarmouth, IA: equally priced homes
- Sperry, IA: equally priced homes
- Pleasant Grove, IA: less expensive homes
- Keithsburg, IL: less expensive homes
- New Boston, IL: less expensive homes
Cities with Similar Populations
- Point Lay, AK: less expensive homes
- Pettibone, TX: less expensive homes
- Philothea, OH: equally priced homes
- Pigeon Creek, AL: less expensive homes
- Pilsen, WI: higher priced homes
- Pine Haven, WY: higher priced homes
- Pine Ridge, AL: less expensive homes
- Pineville, MN: less expensive homes
- Pleasant Gardens, IN: higher priced homes
- Pleasant Grove, MN: higher priced homes
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