Expensive
Affordable
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These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $301,696, higher than the Iowa average of $226,062.
The average cost of rent is $891/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. In Princeton, 10.47% of households rent, and 42.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $8,582 per month. Households that rent pay about 10.38% of their income on rent here. Princeton’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
- Cordova, IL: less expensive homes
- Folletts, IA: less expensive homes
- Le Claire, IA: equally priced homes
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- McCausland, IA: less expensive homes
- Pleasant Valley, IA: higher priced homes
- Shaffton, IA: less expensive homes
- Rapids City, IL: less expensive homes
- Park View, IA: equally priced homes
- Low Moor, IA: less expensive homes
Cities with Similar Populations
- Truman, MN: less expensive homes
- Colville, KY: less expensive homes
- Cooperstown, PA: less expensive homes
- Cosmopolis, WA: equally priced homes
- Crofton, NE: less expensive homes
- Cross River, NY: higher priced homes
- Daniel, UT: higher priced homes
- Denton, NE: higher priced homes
- Divernon, IL: less expensive homes
- Dulac, LA: less expensive homes
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