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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 $150,300, lower than the South Dakota average of $268,202.
The average cost of rent is $378/mo in Ottumwa, primarily driven by the current value of real estate in the Ottumwa area. In Ottumwa, 18.27% of households rent, and 66.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ottumwa is $6,365 per month. Households that rent pay about 5.94% of their income on rent here. Ottumwa’s most expensive areas are in the central 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
- Philip, SD: higher priced homes
- Stamford, SD: higher priced homes
- Nowlin, SD: less expensive homes
- Midland, SD: equally priced homes
- Moenville, SD: equally priced homes
- Milesville, SD: equally priced homes
- Philip Junction, SD: less expensive homes
- Capa, SD: higher priced homes
- Hayes, SD: higher priced homes
- Cottonwood, SD: less expensive homes
Cities with Similar Populations
- Randolph, MO: equally priced homes
- Regina, MT: higher priced homes
- Reggio, LA: equally priced homes
- Regency, TX: higher priced homes
- Redland, FL: higher priced homes
- Red Star, AR: higher priced homes
- Red House, NY: less expensive homes
- Red Bluff, MT: higher priced homes
- Rattan, TX: higher priced homes
- Randsburg, CA: higher priced homes
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