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These days, finding an affordable place to live in the Rhodes area can be challenging. Home prices in Rhodes are now at a median cost of $308,199, higher than the Iowa average of $226,062.
The average cost of rent is $497/mo in Rhodes, primarily driven by the current value of real estate in the Rhodes area. In Rhodes, 10.76% of households rent, and 41.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rhodes is $8,831 per month. Households that rent pay about 5.63% of their income on rent here. Rhodes’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Melbourne, IA: less expensive homes
- Collins, IA: less expensive homes
- Baxter, IA: less expensive homes
- State Center, IA: less expensive homes
- Van Cleve, IA: less expensive homes
- Ira, IA: higher priced homes
- Colo, IA: less expensive homes
- LaMoille, IA: less expensive homes
- Mingo, IA: equally priced homes
- Maxwell, IA: equally priced homes
Cities with Similar Populations
- Salem, MS: less expensive homes
- Honomu, HI: higher priced homes
- Hope, NM: less expensive homes
- Horton, TX: less expensive homes
- Houstonia, MO: less expensive homes
- Hubbard, NE: less expensive homes
- Hudsonville, MS: less expensive homes
- Iago, TX: less expensive homes
- Iron City, OH: less expensive homes
- Iron Gate, VA: less expensive homes
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