Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Payne area can be challenging. Home prices in Payne are now at a median cost of $141,207, lower than the Iowa average of $182,666.
The average cost of rent is $909/mo in Payne, primarily driven by the current value of real estate in the Payne area. While nearly 55.75% of residents own their homes outright in Payne, 26.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Payne is $6,271 per month. Households that rent pay about 14.49% of their income on rent here. Payne's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Percival, IA: equally priced homes
- Sidney, IA: less expensive homes
- Nebraska City, NE: higher priced homes
- Hamburg, IA: less expensive homes
- Thurman, IA: equally priced homes
- Riverton, IA: less expensive homes
- Paul, NE: higher priced homes
- Wyoming, NE: higher priced homes
- Union, NE: higher priced homes
- Julian, NE: less expensive homes
Cities with Similar Populations
- Seeneytown, DE: higher priced homes
- New Haven, WY: higher priced homes
- New Markham, TN: equally priced homes
- Newburg, MN: higher priced homes
- Saulsburg, PA: higher priced homes
- Scenic, SD: higher priced homes
- Schley, MN: equally priced homes
- Schofield, SC: less expensive homes
- Scipioville, NY: higher priced homes
- Scott, MS: less expensive homes
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