Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Peterson area can be challenging. Home prices in Peterson are now at a median cost of $109,134, lower than the Iowa average of $182,666.
The average cost of rent is $869/mo in Peterson, primarily driven by the current value of real estate in the Peterson area. While nearly 55.47% of residents own their homes outright in Peterson, 16.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peterson is $5,499 per month. Households that rent pay about 15.80% of their income on rent here. Peterson's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Linn Grove, IA: less expensive homes
- Sutherland, IA: less expensive homes
- Royal, IA: less expensive homes
- Rossie, IA: less expensive homes
- Sioux Rapids, IA: less expensive homes
- Calumet, IA: higher priced homes
- Larrabee, IA: higher priced homes
- Rembrandt, IA: equally priced homes
- Greenville, IA: equally priced homes
- Moneta, IA: equally priced homes
Cities with Similar Populations
- Stratford, NY: higher priced homes
- Gandeeville, WV: less expensive homes
- South Byron, WI: higher priced homes
- South Hanlon, TX: higher priced homes
- St. Johns, ID: higher priced homes
- State Line, ID: higher priced homes
- Staunton, OH: higher priced homes
- Steedman, MO: higher priced homes
- Stinson, MO: higher priced homes
- Stony Lake, MI: higher priced homes
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