Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oelwein area can be challenging. Home prices in Oelwein are now at a median cost of $89,050, lower than the Iowa average of $182,666.
The average cost of rent is $687/mo in Oelwein, primarily driven by the current value of real estate in the Oelwein area. While nearly 51.77% of residents own their homes outright in Oelwein, 30.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oelwein is $3,256 per month. Households that rent pay about 21.10% of their income on rent here. Oelwein's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Stanley, IA: higher priced homes
- Hazleton, IA: higher priced homes
- Maynard, IA: higher priced homes
- Fairbank, IA: higher priced homes
- Oran, IA: higher priced homes
- Westgate, IA: higher priced homes
- Aurora, IA: higher priced homes
- Randalia, IA: higher priced homes
- Otterville, IA: higher priced homes
- Arlington, IA: higher priced homes
Cities with Similar Populations
- Mount Carmel, TN: higher priced homes
- Perry, OK: higher priced homes
- Perry, NY: higher priced homes
- Perkiomenville, PA: higher priced homes
- Pelham Manor, NY: higher priced homes
- Oceanport, NJ: higher priced homes
- North Plains, OR: higher priced homes
- New Hope, AL: higher priced homes
- Muleshoe, TX: equally priced homes
- Mount Vernon, IA: higher priced homes
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