Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otley area can be challenging. Home prices in Otley are now at a median cost of $227,948, higher than the Iowa average of $182,666.
The average cost of rent is $1,206/mo in Otley, primarily driven by the current value of real estate in the Otley area. While nearly 38.40% of residents own their homes outright in Otley, 9.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otley is $7,633 per month. Households that rent pay about 15.80% of their income on rent here. Otley's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pella, IA: equally priced homes
- Knoxville, IA: less expensive homes
- Harvey, IA: less expensive homes
- Monroe, IA: less expensive homes
- Reasnor, IA: less expensive homes
- Pershing, IA: less expensive homes
- Pleasantville, IA: less expensive homes
- Peoria, IA: less expensive homes
- Swan, IA: less expensive homes
- Tracy, IA: less expensive homes
Cities with Similar Populations
- Minerva Park, OH: equally priced homes
- Roaming Shores, OH: less expensive homes
- Racetrack, MT: less expensive homes
- Penhook, VA: higher priced homes
- Pactolus, NC: less expensive homes
- Olla, LA: less expensive homes
- North Garden, VA: higher priced homes
- Murfreesboro, AR: less expensive homes
- Morgan, GA: less expensive homes
- St. Paul, TX: higher priced homes
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