Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ottumwa area can be challenging. Home prices in Ottumwa are now at a median cost of $108,458, lower than the Iowa average of $182,666.
The average cost of rent is $893/mo in Ottumwa, primarily driven by the current value of real estate in the Ottumwa area. While nearly 45.20% of residents own their homes outright in Ottumwa, 32.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ottumwa is $4,425 per month. Households that rent pay about 20.19% of their income on rent here. Ottumwa's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Cliffland, IA: equally priced homes
- Ottumwa Junction, IA: higher priced homes
- Dahlonega, IA: higher priced homes
- Agency, IA: higher priced homes
- Rutledge, IA: higher priced homes
- Chillicothe, IA: higher priced homes
- Munterville, IA: higher priced homes
- Highland Center, IA: higher priced homes
- Floris, IA: higher priced homes
- Kirkville, IA: higher priced homes
Cities with Similar Populations
- Allen Park, MI: higher priced homes
- Amelia, OH: higher priced homes
- Angleton, TX: higher priced homes
- Ardmore, OK: higher priced homes
- Argyle, TX: higher priced homes
- Austin, MN: higher priced homes
- Austintown, OH: equally priced homes
- Barberton, OH: equally priced homes
- Bayonet Point, FL: equally priced homes
- Oxford, OH: higher priced homes
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