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These days, finding an affordable place to live in the Old Town area can be challenging. Home prices in Old Town are now at a median cost of $292,385, higher than the Iowa average of $226,062.
The average cost of rent is $820/mo in Old Town, primarily driven by the current value of real estate in the Old Town area. In Old Town, 6.26% of households rent, and 48.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Town is $9,219 per month. Households that rent pay about 8.90% of their income on rent here. Old Town’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Milford, IA: less expensive homes
- West Okoboji, IA: higher priced homes
- Wahpeton, IA: higher priced homes
- Arnolds Park, IA: higher priced homes
- Okoboji, IA: higher priced homes
- Triboji Beach, IA: higher priced homes
- Spirit Lake, IA: equally priced homes
- Fostoria, IA: less expensive homes
- Terril, IA: less expensive homes
- Spencer, IA: less expensive homes
Cities with Similar Populations
- Mount Carmel, FL: less expensive homes
- Monolith, CA: equally priced homes
- Montague, NC: less expensive homes
- Montgomery Creek, CA: equally priced homes
- Moorheadville, PA: less expensive homes
- Moorland, KY: less expensive homes
- Moravia, TX: higher priced homes
- Morgans Corners, NC: less expensive homes
- Morning Sun, OH: less expensive homes
- Moselem Springs, PA: equally priced homes
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