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These days, finding an affordable place to live in the Renwick area can be challenging. Home prices in Renwick are now at a median cost of $155,553, lower than the Iowa average of $226,062.
The average cost of rent is $786/mo in Renwick, primarily driven by the current value of real estate in the Renwick area. In Renwick, 10.53% of households rent, and 64.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Renwick is $5,737 per month. Households that rent pay about 13.70% of their income on rent here. Renwick’s most expensive areas are in the eastern 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
- Hardy, IA: less expensive homes
- Goldfield, IA: less expensive homes
- Hanna, IA: less expensive homes
- Holmes, IA: equally priced homes
- Lu Verne, IA: less expensive homes
- Thor, IA: higher priced homes
- Livermore, IA: less expensive homes
- Corwith, IA: less expensive homes
- Kanawha, IA: less expensive homes
- Eagle Grove, IA: less expensive homes
Cities with Similar Populations
- Moriah Center, NY: less expensive homes
- Mercerville, OH: equally priced homes
- Meservey, IA: less expensive homes
- Millboro, VA: higher priced homes
- Millerville, MN: higher priced homes
- Millgrove, IN: less expensive homes
- Millstone, KY: less expensive homes
- Mode, IL: less expensive homes
- Monson, ME: higher priced homes
- Meeker, OH: equally priced homes
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