Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Promise City area can be challenging. Home prices in Promise City are now at a median cost of $102,000, lower than the Iowa average of $182,666.
The average cost of rent is $967/mo in Promise City, primarily driven by the current value of real estate in the Promise City area. While nearly 69.39% of residents own their homes outright in Promise City, 12.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Promise City is $5,964 per month. Households that rent pay about 16.22% of their income on rent here. Promise City's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Plano, IA: equally priced homes
- Garfield, IA: less expensive homes
- Seymour, IA: less expensive homes
- Harvard, IA: equally priced homes
- Jerome, IA: less expensive homes
- Corydon, IA: less expensive homes
- Walnut City, IA: higher priced homes
- Mystic, IA: less expensive homes
- Millerton, IA: higher priced homes
- Sewal, IA: higher priced homes
Cities with Similar Populations
- Wood, NC: equally priced homes
- Bancroft, SD: higher priced homes
- Barnes City, IA: higher priced homes
- Bass, KY: higher priced homes
- Baton Rouge, SC: higher priced homes
- Beccaria, PA: less expensive homes
- Bellaire, PA: higher priced homes
- Blaine, OH: less expensive homes
- Bloomery, WV: higher priced homes
- Boneta, UT: higher priced homes
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