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Affordable
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These days, finding an affordable place to live in the Orchard area can be challenging. Home prices in Orchard are now at a median cost of $184,171, lower than the Iowa average of $226,062.
The average cost of rent is $556/mo in Orchard, primarily driven by the current value of real estate in the Orchard area. In Orchard, 17.88% of households rent, and 48.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Orchard is $5,617 per month. Households that rent pay about 9.89% of their income on rent here. Orchard’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Floyd, IA: equally priced homes
- Osage, IA: equally priced homes
- Colwell, IA: less expensive homes
- New Haven, IA: equally priced homes
- Rock Creek, IA: higher priced homes
- Mitchell, IA: higher priced homes
- Rudd, IA: less expensive homes
- Charles City, IA: less expensive homes
- Little Cedar, IA: less expensive homes
- Toeterville, IA: higher priced homes
Cities with Similar Populations
- Lamar, LA: less expensive homes
- Sanford, MS: less expensive homes
- Sacramento, PA: equally priced homes
- Royalton, IN: higher priced homes
- Mackey, IA: higher priced homes
- Lockhart, AL: less expensive homes
- Locke Mills, ME: higher priced homes
- Little Switzerland, NC: less expensive homes
- Lightwood, AL: higher priced homes
- Lester, AR: less expensive homes
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