Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palm Grove area can be challenging. Home prices in Palm Grove are now at a median cost of $127,992, lower than the Iowa average of $182,666.
The average cost of rent is $500/mo in Palm Grove, primarily driven by the current value of real estate in the Palm Grove area. While nearly 50.68% of residents own their homes outright in Palm Grove, 16.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palm Grove is $5,014 per month. Households that rent pay about 9.98% of their income on rent here. Palm Grove's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Burnside, IA: higher priced homes
- Harcourt, IA: higher priced homes
- Roberts, IA: equally priced homes
- Callender, IA: equally priced homes
- Otho, IA: less expensive homes
- Gowrie, IA: less expensive homes
- Lehigh, IA: less expensive homes
- Dayton, IA: less expensive homes
- Lanyon, IA: equally priced homes
- Evanston, IA: higher priced homes
Cities with Similar Populations
- Rock Glen, PA: higher priced homes
- Meador, KY: higher priced homes
- Meads Landing, MI: less expensive homes
- Merricourt, ND: higher priced homes
- Middleton, OK: less expensive homes
- Midland City, IL: less expensive homes
- Milford Colony, MT: higher priced homes
- Minimum, MO: less expensive homes
- Minneiska, MN: higher priced homes
- Ringdale, PA: higher priced homes
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