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Affordable
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These days, finding an affordable place to live in the Plano area can be challenging. Home prices in Plano are now at a median cost of $121,636, lower than the Iowa average of $226,062.
The average cost of rent is $815/mo in Plano, primarily driven by the current value of real estate in the Plano area. In Plano, 16.75% of households rent, and 53.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Plano is $5,541 per month. Households that rent pay about 14.71% of their income on rent here. Plano’s most expensive areas are in the northeastern 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
- Garfield, IA: less expensive homes
- Promise City, IA: less expensive homes
- Walnut City, IA: higher priced homes
- Mystic, IA: less expensive homes
- Jerome, IA: higher priced homes
- Sunshine, IA: higher priced homes
- Seymour, IA: equally priced homes
- Numa, IA: higher priced homes
- Darbyville, IA: less expensive homes
- Rathbun, IA: higher priced homes
Cities with Similar Populations
- Excelsior Springs Junction, MO: higher priced homes
- Fishers Hill, VA: higher priced homes
- Ficklin, GA: higher priced homes
- Faywood, NM: higher priced homes
- Farmington, WA: higher priced homes
- Farill, AL: higher priced homes
- Falun, KS: higher priced homes
- Fairy, TX: higher priced homes
- Fairview, CO: higher priced homes
- Fairbanks, KY: less expensive homes
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