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Affordable
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These days, finding an affordable place to live in the Otho area can be challenging. Home prices in Otho are now at a median cost of $107,070, lower than the Iowa average of $226,062.
The average cost of rent is $650/mo in Otho, primarily driven by the current value of real estate in the Otho area. In Otho, 19.30% of households rent, and 51.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otho is $4,387 per month. Households that rent pay about 14.82% of their income on rent here. Otho’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Roberts, IA: higher priced homes
- Evanston, IA: higher priced homes
- Burnside, IA: higher priced homes
- Lehigh, IA: higher priced homes
- Fort Dodge, IA: higher priced homes
- Palm Grove, IA: higher priced homes
- Duncombe, IA: higher priced homes
- Tara, IA: higher priced homes
- Callender, IA: higher priced homes
- Moorland, IA: higher priced homes
Cities with Similar Populations
- South Solon, OH: higher priced homes
- Kansas, AL: less expensive homes
- Karlin, MI: higher priced homes
- La Anna, PA: higher priced homes
- Scotts Corners, NY: higher priced homes
- Sebastopol, MS: less expensive homes
- Selkirk, MI: higher priced homes
- Seneca Gardens, KY: higher priced homes
- Serena, IL: higher priced homes
- Severy, KS: equally priced homes
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