Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Preston area can be challenging. Home prices in Preston are now at a median cost of $168,243, lower than the Iowa average of $226,062.
The average cost of rent is $789/mo in Preston, primarily driven by the current value of real estate in the Preston area. In Preston, 24.98% of households rent, and 39.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Preston is $6,298 per month. Households that rent pay about 12.52% of their income on rent here. Preston’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Miles, IA: equally priced homes
- Spragueville, IA: equally priced homes
- Goose Lake, IA: higher priced homes
- Bryant, IA: higher priced homes
- Charlotte, IA: equally priced homes
- Teeds Grove, IA: higher priced homes
- Andover, IA: higher priced homes
- Petersville, IA: equally priced homes
- Springbrook, IA: higher priced homes
- Sabula, IA: equally priced homes
Cities with Similar Populations
- Lakeside, TX: higher priced homes
- Scroggins, TX: higher priced homes
- Scandinavia, WI: higher priced homes
- Prairie Farm, WI: higher priced homes
- Milledgeville, IL: less expensive homes
- Medaryville, IN: less expensive homes
- Malin, OR: higher priced homes
- Madison, NH: higher priced homes
- Macy, NE: less expensive homes
- Macy, IN: equally priced homes
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