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These days, finding an affordable place to live in the Raymond area can be challenging. Home prices in Raymond are now at a median cost of $218,995, lower than the Iowa average of $226,062.
The average cost of rent is $974/mo in Raymond, primarily driven by the current value of real estate in the Raymond area. In Raymond, 6.77% of households rent, and 44.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raymond is $7,667 per month. Households that rent pay about 12.70% of their income on rent here. Raymond’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elk Run Heights, IA: less expensive homes
- Raymar, IA: equally priced homes
- Evansdale, IA: less expensive homes
- Dewar, IA: less expensive homes
- Gilbertville, IA: equally priced homes
- Littleton, IA: higher priced homes
- Waterloo, IA: less expensive homes
- Dunkerton, IA: equally priced homes
- Jesup, IA: less expensive homes
- Orange, IA: higher priced homes
Cities with Similar Populations
- Petronila, TX: higher priced homes
- Neola, PA: higher priced homes
- Neola, UT: higher priced homes
- New Hope, TN: less expensive homes
- New Washington, IN: equally priced homes
- Nickelsville, GA: less expensive homes
- North Shores, DE: higher priced homes
- Oakhurst, OK: less expensive homes
- Onaga, KS: less expensive homes
- Oneida, IL: less expensive homes
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