The Most Affordable Neighborhoods in Pomeroy, IA by Home Value

 

Pomeroy, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pomeroy area can be challenging. Home prices in Pomeroy are now at a median cost of $87,105, lower than the Iowa average of $182,666.

The average cost of rent is $613/mo in Pomeroy, primarily driven by the current value of real estate in the Pomeroy area. While nearly 64.12% of residents own their homes outright in Pomeroy, 16.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pomeroy is $5,208 per month. Households that rent pay about 11.77% of their income on rent here. Pomeroy's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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