Expensive
Affordable
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These days, finding an affordable place to live in the Oto area can be challenging. Home prices in Oto are now at a median cost of $141,812, lower than the Iowa average of $226,062.
The average cost of rent is $1,025/mo in Oto, primarily driven by the current value of real estate in the Oto area. In Oto, 14.30% of households rent, and 68.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oto is $6,061 per month. Households that rent pay about 16.92% of their income on rent here. Oto’s most expensive areas are in the southwestern 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
- Smithland, IA: less expensive homes
- Anthon, IA: less expensive homes
- Rodney, IA: less expensive homes
- Hornick, IA: higher priced homes
- Climbing Hill, IA: higher priced homes
- Ticonic, IA: less expensive homes
- Danbury, IA: less expensive homes
- Mapleton, IA: equally priced homes
- Moville, IA: higher priced homes
- Correctionville, IA: less expensive homes
Cities with Similar Populations
- Millville, MO: higher priced homes
- McCoysburg, IN: higher priced homes
- McGrath, AK: less expensive homes
- Abercrombie, ND: higher priced homes
- McNeal, MS: less expensive homes
- McWhorter, KY: less expensive homes
- Meg, AR: less expensive homes
- Melvine, TN: higher priced homes
- Methvin, LA: higher priced homes
- Middlepoint, MD: higher priced homes
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