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Affordable
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These days, finding an affordable place to live in the Rands area can be challenging. Home prices in Rands are now at a median cost of $156,408, lower than the Iowa average of $226,062.
The average cost of rent is $746/mo in Rands, primarily driven by the current value of real estate in the Rands area. In Rands, 15.36% of households rent, and 65.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rands is $4,839 per month. Households that rent pay about 15.41% of their income on rent here. Rands’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rockwell City, IA: less expensive homes
- Richard, IA: less expensive homes
- Sherwood, IA: higher priced homes
- Piper, IA: less expensive homes
- Jolley, IA: higher priced homes
- Pomeroy, IA: less expensive homes
- Manson, IA: higher priced homes
- Lytton, IA: equally priced homes
- Rinard, IA: less expensive homes
- Knierim, IA: higher priced homes
Cities with Similar Populations
- Whites, KY: higher priced homes
- Chenega, AK: less expensive homes
- Chesterfield, ID: higher priced homes
- Chesterfield, NC: higher priced homes
- Chewalla, TN: equally priced homes
- Zigzag, OR: higher priced homes
- Chopin, LA: less expensive homes
- Circle Green, OH: equally priced homes
- Cisco, UT: higher priced homes
- Claymour, KY: higher priced homes
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