
Home Price Key
These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $246,621, higher than the Iowa average of $182,666.
The average cost of rent is $1,299/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. While nearly 34.89% of residents own their homes outright in Palmyra, 12.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $7,949 per month. Households that rent pay about 16.34% of their income on rent here. Palmyra's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hartford, IA: less expensive homes
- Summerset, IA: higher priced homes
- Carlisle, IA: less expensive homes
- Sandyville, IA: equally priced homes
- Ackworth, IA: equally priced homes
- Scotch Ridge, IA: higher priced homes
- Runnells, IA: higher priced homes
- Swan, IA: less expensive homes
- Indianola, IA: less expensive homes
- Medora, IA: higher priced homes
Cities with Similar Populations
- Liberty City, TX: less expensive homes
- Spring Grove, IA: less expensive homes
- Spring Creek, KY: less expensive homes
- Spirit, WI: less expensive homes
- Speer, OK: less expensive homes
- South Woodstock, CT: equally priced homes
- South Walden, VT: less expensive homes
- South Platte, CO: higher priced homes
- South Lagrange, ME: less expensive homes
- South Hope, ME: less expensive homes
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